Stock Market News Today Investment Website Launched

Share This Press Release is an investment news website that helps investors and financial professionals. is the leading source for news, analysis, and information essential to the financial advisory community. Since 2012, our standard of editorial excellence and deep industry knowledge has allowed us to educate, inform and engage the most influential investors and investment professionals. is a news organization which has assembled a team of passionate, seasoned investment professionals to pick apart the market’s biggest headlines daily. Major News categories being covered by our dynamic team of editors and analysts, who are finance and economics majors from reputable institutions across the world, are Technology, Healthcare, Services & Stocks to Watch.

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An example is the “Market Recap Report:”

A weaker Chinese yuan, an escalation of conflict in Hong Kong (in addition to raised fears of Chinese intervention), and the overhang of US-China trade dispute were all providing a risk-off cocktail for markets on Monday. Equities moved in inverse to Treasuries, where yields continued to fall, further fuelling the move lower in risk assets amid the 2s10 reaching its narrowest since 2010. In stocks specific news, Sysco (SYY) was higher after EPS beat expectations, however its revenues fell slightly short. Amgen (AMGN) was higher as a US judge denied Novartis (NOVN SW) a patent to AMGN’s arthritis drug, Enbrel. Agricultural names were pressured (MOS, DE, NTR) following WASDE data where corn end stocks came in higher than expectations. Wynn Resorts (WYNN) & MGM Resorts (MGM) were lower as flights at Hong Kong airport have been cancelled, providing implications to Macau. Las Vegas Sands (LVS) was lowest out of the gaming names as it looks to fight off its last lawsuit from Macau, which was initially filed in 2012, where Asian American Entertainment Corp is now asking for USD 11.94bln for compensation in regard to an alleged breach of contract. S&P 500 -1.2% AT 2883, NASDAQ-100 -1.1% AT 7562, DOW JONES -1.5% AT 25896.

The T-plex continued its march higher to start the week, with ongoing Hong Kong tensions being the latest catalysts for bulls. The upward momentum in Treasuries and EGBs, specifically in the belly- to front-end, was spurred by the further weakening of the Chinese yuan in the earlier European session, and then was extended through till settlement as fears grew of further escalation in Hong Kong as Chinese military forces close in on the nation. By settlement the curve had considerably bull flattened, with the 10-year yield down by 9bps, and the 2-year yield down by about 4bps; the entire curve had flattened by 6bps whilst newswires highlighted that the 2s10s was at its narrowest since 2010. US T-note futures (U9) settled 22 ticks higher at 130-12.

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Source: PressCable

Release ID: 88907738