The market digested economic data, including the addition of 64,000 non-farm jobs in the US for November, which beat expectations; and flat October retail sales, which missed forecast.
US bourse traded mixed on Tuesday, with the DJIA opening lower and closing lower, ending down 302 points or 0.6% at 48,114; the S&P 500 finishing down 16 points or 0.2% at 6,800, marking a three-day losing streak along with the DJIA; and the Nasdaq ending up 54 points or 0.2% at 23,111, given Tesla's (TSLA.US) upswing.
Tesla maintained its uptrend, rising another 3.1% on Tuesday to close at US$489.88, setting a new record high at the close; its Robotaxi conducted testing in Austin.
AI stocks also moved higher, with Nvidia (NVDA.US) adding 0.8%, Oracle (ORCL.US) rebounding 2%, and Broadcom (AVGO.US) gaining 0.4%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| TSLA (C) |
10010 |
530 (-) |
0.740 |
5.0 X |
| TSLA (P) |
10011 |
370 (-) |
0.212 |
5.1 X |
| Broadcom (C) |
10072 |
435 (-) |
0.285 |
5.6 X |
| Broadcom (P) |
10073 |
310 (-) |
0.455 |
3.7 X |
| MSFT (C) |
10744 |
600 (-) |
0.059 |
13.4 X |
| MSFT (P) |
10715 |
435 (-) |
0.227 |
8.4 X |
| Nvidia (C) |
10055 |
230 (-) |
0.103 |
6.6 X |
| Nvidia (P) |
10057 |
165 (-) |
0.224 |
4.1 X |
