Wednesday, 20 July 2022

Nasdaq 100 Rallies on Upbeat Sentiment, Tesla’s Earnings Top Forecasts. Now What?

The Nasdaq 100 and S&P 500 rise for a second straight day and hit their best levels in nearly six weeks amid improving sentiment and increased appetite for beaten-down tech names.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...