eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Wall Street recovery continues
After experiencing two of its worst days so far this year in August, Wall Street continues to recover, as the DJ30, SPX500 and NSDQ100 all finished higher yesterday. The tech sector continued to show strong performance, as Apple and Google both climbed more than 1.7%, while Facebook, Microsoft and Amazon each climbed 1.3% or more.
210.28 3.78 (1.83%)
Today’s highlights: Will Bitcoin crack $11,000?
Cryptos remain in the green: The cryptocurrency market remained higher over the past 24 hours, as the majority of top 10 cryptos were in the green at the time of writing. Bitcoin climbed more than 3.5%, reaching as high as $10,900 before falling back slightly.
Asian markets seen higher: Markets in the East also continued to climb this morning, as the China50, JPN225 and HKG50 indices were all higher at the time of writing.
Oil continues to climb: After showing impressive gains yesterday, the black gold continued to climb this morning.
Gold falls below $1,500: The precious metal reached a 6-year high of more than $1,500 last week, as investors flocked to it as a safe-haven asset. However, as stock markets around the world continue to recover, gold prices yesterday slipped below $1,500.
NVIDIA jumps on Minecraft deal: NVIDIA yesterday finished more than 7% higher, after Microsoft announced it will use the graphic processor maker’s technology to upgrade graphics in its popular Minecraft franchise [tweet this].
Apple reportedly spending $6 billion on TV content: The Financial Times yesterday reported that in an attempt to beat Disney to the streaming market, Apple has committed to spending $6 billion on original content for its Apple TV+ service, which it intends to launch before Disney launches its Disney+ service on November 12th.
Europe opens slightly higher: While the UK100 and GER30 opened 5 and 7 points higher, respectively, the FRA40 opened 3 points lower.
10723.04 23.8 (0.22%)
56.28 0.31 (0.55%)
170.95 11.39 (7.14%)
Stocks earnings releases on 20/08/2019
JKHYJack Henry & Associates Inc
URBNUrban Outfitters Inc.
Stocks earnings releases on 21/08/2019
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
* Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
* Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.
* The information above is not investment advice.