The trading landscape is constantly evolving, with various factors influencing market movements. This morning, European trading began with price increases, as the German DAX index rose by 0.2%, the French CAC by 0.3%, and the British Potsey by 0.4%. In Asia, the Shanghai index rose by 0.9% and the Hang Seng index by 1.4%.
One significant factor affecting markets in China is its growing economy after a period of stagnation. Local authorities have removed restrictions on Tesla cars after receiving safety data from the company, which has raised concerns about driver data collection. However, Tesla CEO Elon Musk made a surprise visit to Beijing to promote fully autonomous driving technology in one of the largest electric vehicle markets in the world.
On Wall Street, investors are anticipating a stormy trading week following a positive week where the Dow Jones, S&P 500, and Nasdaq all saw gains. Meta, Alphabet, Microsoft, and Intel’s quarterly reports have influenced market movements recently. Upcoming reports from Amazon, Dark, AMD, Super Micro, Qualcomm, Coca-Cola, McDonald’s