Brian Belsky, chief strategist at BMO Capital Markets, explains how investors invest in US funds and now is a good time to buy.
US equity markets definitely moved higher at noon as tech stocks strengthened their lead while bond yields fell.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| Me: DJI | Dow Jones average | 32719.81 | +91.84 | + 0.28% |
| SP500 | S&P 500 | 3944.63 | +31.53 | + 0.81% |
| I: Comp | Nasdaq Composite Index | 13414.720641 | +199.49 | + 1.51% |
The Dow Jones Industrial Average rose 50 points, or 0.17%, while the S&P 500 and Nasdaq Composite rose 0.73% and 1.6%, respectively.
With the sudden firing in the country’s central bank due to Turkish President Recep Tayyip Erdogan, investors have moved on to the safety of the US Treasury in the face of potential instability in overseas markets. Main.
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In stocks, Apple Pal Inc. And mega-cap tech companies, including Intel and Micro .ft Corp., moved on due to lower bond yields.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| AAPL | Apple, INC. | 123.28 | +3.29 | + 2.74% |
| MSFT | Microsoft Corp. | 236.40 | +6.05 | + 2.63% |
| INTC | Intel Corp. | 66.26 | +2.50 | + 9.9૨% |
Elon Musk, CEO of Tesla Inc., said his company would not provide the US government with any data collected by vehicles in China or other countries. The announcement follows last week when the Chinese government banned the use of Tesla vehicles by military personnel and government employees and some workers in state-owned enterprises due to privacy concerns.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| TSLA | Tesla, INC. | 692.41 | +37.54 | + 5.73% |
Meanwhile, the agility of the yield curve weighs the financial components, including Dow Components American Express Co., Goldman Sachs Group Inc. And JPMorgan Chase & Co.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| AXP | American Express CO. | 139.82 | -0.80 | -0.57% |
| G.S. | Goldman Group, INC. | 338.26 | -6.17 | -1.79% |
| JPM | JPMorgan Chase & Co. | Is 150.97 | -3.13 | -2.03% |
In mergers and acquisitions, Kansas City Southern has agreed to be acquired by Canadian Pacific Railways Ltd. in a 25 billion deal that builds the first network of US-Mexico-Canada railways. The deal, which gives Kansas City Southern a premium of, 5,275 per share, a 23% premium to Friday’s closing price, will pay shareholders $ 90 in cash and 0.489 shares for each Kansas City Southern share.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| KSU | Kansas City South | 251.09 | +26.93 | + 12.01% |
| C.P. | Canadian Pacific Railway Ltd. | 363.32 | -15.11 | -3.99% |
In commodities, West Texas Intermediate crude oil changed slightly to 61.24 dollars per barrel and gold fell by 00 cents to 1,739 dollars per ounce.
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European markets changed slightly, with France’s CAC 40 weakening 0.27%, while Britain’s FTSE 100 and Germany’s DX30 rose 0.1, 0.14 and 0.3%, respectively.
In Asia, Japan’s Nikkei 225 rose 2.07%, Hong Kong’s Hang Seng Index rose 0.36% and China’s Shanghai Composite rose 1.14%.
