NY to ZH – the daily reporting from New York at the start of the US stock exchange.
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Presented by Swissquote
After the sluggish economic data in the USA, the data from Europe are also disappointing. You could feel the reluctance of investors being forced into the market this week. We are seeing growing divergence between the performance of the Dow Jones, S&P 500 and Nasdaq.
Aside from progressively fewer tech stocks, there has been little music in the markets in the past few days. Tesla was able to increase 40% in August alone. The company is now nearly as worth as Walmart.
