Skip to main content

Redwood Capital Management Limited: S&P500 down after Monday positive gains; Stock market wraps up

Written by Customer Service on . Posted in Public Companies.

Just as Monday made a positive comeback for both S&P 500 and the Dow Jones Industrial Averages indexes, rally this Tuesday has dragged them down. Investors discarded other indexes for technology related indexes which made Nasdaq Composite to a new record breaking high this second quarter of 2020.

Nasdaq Composite, which includes FAANG, Microsoft (MSFT) and Tesla (TSLA), but what caught the investors eyes in Nasdaq are the tech giants like Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX) and Google owner Alphabet (GOOGL) which is making its lead to the lives of many in this current situation. Investors are hoping for more sales and earnings because they knew that the technology will be the main source of the economy in this pandemic.

Stocks
– The Dow Jones Industrial Average fell by 300 points.
– The S&P 500 dipped 0.78% after turning positive briefly yesterday.
– Nasdaq Composite breaks new record high hitting 10,002.5 rose by 0.3%.
– The MSCI Asia Pacific Index rose 0.7%.
– The Stoxx Europe 600 Index fell 1.2%.

Bonds
– The yield on 10-year Treasuries decreased five basis points to 0.82%.
– The yield on the 30-year bond was down nine basis points at 1.56%.
– The yield on the 2-year bond declined by .193%.
– Germany’s 10-year yield climbed one basis point to -0.31%.
– Britain’s 10-year yield is up by less than one basis point to 0.336%.

Gold index and Oil prices both strengthened as market closed today. US Dollar Currency Index (DXY) marked its ninth day negative by $95.86 per share, while Euro and Yen increased by 0.4% by $1.334 and 0.6% to $107.76 respectively.

– West Texas Intermediate crude increased 1.6% to $38.80 a barrel.
– Brent crude rose by 0.93% to $41.18 per barrel.
– Gold climbed 0.9% to $1,720 an ounce.

For now you may browse more on Redwood Capital Management Limited so you may see what we can offer for your financial needs.
For more information, visit: https://redwoodcapitalmanagementltd.com/

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.