Previous close | 3.3200 |
Open | 3.3400 |
Bid | 0.0000 x 1400 |
Ask | 0.0000 x 2200 |
Day's range | 3.3250 - 3.5500 |
52-week range | 1.8150 - 4.4900 |
Volume | |
Avg. volume | 4,856,674 |
Market cap | 1.686B |
Beta (5Y monthly) | 2.89 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.6900 |
Earnings date | 08 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 4.07 |
U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Markets were also buoyed by upbeat earnings from companies such as General Motors, which closed up 4.4% after the automaker's better-than-expected quarterly results.
Benchmark S&P 500 rose on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Markets were also buoyed by upbeat earnings from companies such as General Motors, which was up 5.2% after the automaker's better-than-expected quarterly results. Ten out of 11 S&P 500 sectors were advancing led by gains in equities in communication services and technology sectors.
Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.