South Korean and Japanese stocks opened sharply higher in Tuesday morning trade, rebounding from Monday's decline. S&P 500 futures bounced overnight after the broad index suffered its worst day in nearly two years as global markets declined.
The technology sector had also rebounded. $NVIDIA Corp(NVDA)$ Nvidia added nearly 2%, following a 6.4% loss during regular trading. Megacap technology stocks $Alphabet(GOOG)$ , $Microsoft(MSFT)$ , $Meta Platforms, Inc.(META)$ and $Amazon.com(AMZN)$ added more than 1% each. $Apple(AAPL)$ also added nearly 1% after dropping about 4.8% during regular trading.
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⏰ Events Duration
From 6 August 2024 to 13 August 2024
Please leave a message in the comments section of this post . Make sure you include a screenshot of your position as well. $Tiger Brokers(TIGR)$
Comments
🌟🌟🌟Hurray the markets bounced back today but it is still fragile. The current geopolitical conflicts in the Middle East and the recent assassination of the Hamas Leader in Iran by Israel could have severe repercussions. I am currently invested in $Energy Select Sector SPDR Fund(XLE)$ which represents the US Oil Giants like $Exxon Mobil(XOM)$ $Chevron(CVX)$ and Warren Buffett's favourite oil company $Occidental(OXY)$
If the conflict escalates, oil prices may go up. This will also benefit the US Oil Giants. I also like the nice juicy dividends of XLE paid every 3 months while waiting for capital growth. The current dividend yield is 3.4%.
May The Markets are recover soon 🙏🙏🙏
@TigerEvents @TigerStars @Tiger_comments
Good buys