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Stock Market Update: Netflix, TSMC, and Tesla Plunge as Middle East Tensions Rise – Real-Time Updates

Netflix fell nearly 6% before the market opened, TSMC fell more than 2%, Tesla fell 1.7%, Chinese concept stock Ideal fell more than 6%, and Xpeng Motors fell 3.6%.

On Friday, April 19, tensions increased in the Middle East, global risk funds fell, US stock futures fell, individual stocks generally fell before the market opened, and European stocks fell. However, market tension has eased, with gains in safe haven assets such as the US dollar and yen falling back, and gains in crude oil also narrowing.

Viraj Patel, global macro strategist at Vanda Research said:

As we learn more about the details of overnight events, the initial alarm response begins to reverse. But even without a raise, this week’s mixed earnings and geopolitical headwinds are triggers for stocks to unwind.

Overview of real-time updates on the situation between Iraq and Israel:

According to the Global Times, US Secretary of State Blinken was still frustrated and refused to comment on “Israel’s attack on Iran”

When asked about reports of an Israeli attack on Iran, Blinken said that the United States was not involved in any attack but that it would not be confirmed, other media reported. Italian Foreign Minister Antonio Tajani told reporters on Friday after a meeting of the Group of Seven foreign ministers that the United States was notified of the attack on Iran at the last minute but had no part in it.

According to CCTV News at 15:54, Lebanon’s National News Agency reported on April 19 that the town of Aita al-Shaab in the border region of southern Lebanon was hit by an Israeli airstrike that day. An Israeli military aircraft reportedly launched two air-to-surface missiles at a building in the city. The number of casualties is currently unknown.

【Updated at 20:30】

All three major US stock index futures turned higher.

European stocks also pared losses, with the European Stoxx 50 index falling 0.36%, after falling nearly 1% previously.

Crude oil turned lower, with Brent crude oil and WTI crude oil both falling about 0.7%.

The US dollar index fell below the 106 mark.

【Updated at 20:20】

S&P 500 futures turned higher after falling as much as 1.7%. Dow futures and Nasdaq 100 futures were close to turning higher.

【Updated at 16:40】

US stock futures fell, stocks generally fell before the market opened

US stock futures were lower, with Dow futures down 0.06%, S&P 500 futures down 0.06%, and Nasdaq 100 futures slightly up 0.01%.

Most stocks fell nearly 6% before the market opened, announcing that it would stop reporting quarterly subscription numbers.

TSMC fell 2.39%.

Tesla fell 1.7%. Nvidia fell nearly 1%. Amazon fell more than 1%.

Chinese concept stocks Ideal fell more than 6%, Xpeng Motors fell 3.6%, NIO fell nearly 3%, and Alibaba fell nearly 1%.

The US stock market ended the week on a down note after strong economic data and a hawkish Federal Reserve speech reinforced speculation that US interest rates will be “higher and longer.” With earnings season in full swing, traders are now looking to physical results to support a rebound. Some analysts indicated that the next few days will prevail, and it is better to be prepared for further declines before the release of the economic data next week.

European indices fell together, the Stoxx 600 fell for three consecutive weeks

The European stock index fell 0.7%, falling for the third week in a row. The European Stoxx 50 index fell more than 1%.

Crude oil provides benefits

Crude oil gave gains, with Brent and WTI oil rising slightly, rising as much as 3.5% in early trade. Brent crude had risen above $90 a barrel on concerns that a wider conflict could jeopardize supplies.

Dollar, Japanese yen retreat from gains

The US dollar index is erasing earlier gains, with USD/JPY trading higher at 154.42.

Citi has previously pointed out that when investor sentiment quickly rises, gold and the yen may be better hedge options usually those whose market conditions are biased in the “wrong” direction. . current environment Against the yen it might be a better bet.

Products rose all over the table

Lunni rose 4.00% during the day and is now trading at US$19,290.00 per ton. Lunxi rose nearly 3%, while Lun aluminum and Lun zinc rose more than 1%.

Continuously updating…

Risk warning and disclaimer

Market risk, the investment must be careful. This article does not constitute personal investment advice, and does not take into account the specific investment objectives, financial situation or needs of individual users. Users should consider whether any ideas, opinions or conclusions in this article are applicable to their particular situation. Invest accordingly and do so at your own risk.

2024-04-19 08:42:34
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