Hey Global Investor! Here’s what you need to know before the US markets open.
Market Snapshot 📈
S&P 500 (Tuesday’s Close) 4,786.35 -4.84 (0.10%)
NASDAQ (Tuesday’s Close) 15,781.72 -89.54 (0.56%)
FTSE 100 (5:00 PM IST) 7,444.47 +72.37 (0.98%)
NIFTY 50 (Today’s Close) 17,213.60 -19.65 (0.11%)
USDINR (Today’s Close) 74.73 (1 Year +1.61%)
🔥 Top Movers
Delay: Rivian delays deliveries of pickup, SUV with big battery packs to 2023 (RIVN -3.94%)
Permission: Alphabet CEO Pichai can be questioned in privacy lawsuit, judge rules (GOOGL -0.82%)
Venture: US reality TV star Paris Hilton launches metaverse business on Roblox (RBLX -5.97%)
Today’s Market Terminology: Calendar Spread
A calendar spread is a derivative strategy in which there is a simultaneous purchase and sale of options of the same class, of the same strike price, but with a different expiration date
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