Hey Global Investor! Here’s what you need to know before the US markets open.
Market Snapshot 📈
S&P 500 (Friday’s Close) 4,594.62 -106.84 (2.27%)
NASDAQ (Friday’s Close) 15,491.66 -353.57 (2.23%)
FTSE 100 (5 PM IST) 7,130.42 +86.39 (1.23%)
NIFTY 50 (Today’s Close) 17,053.95 +27.50 (0.16%)
USDINR (Today’s Close) 75.06 (1 Year +0.13%)
🔥 Top Movers
Timeline: Moderna says an omicron variant vaccine could be ready in early 2022 (MRNA +20.57%)
Case: Peloton has sued Lululemon in feud over cycle maker’s new apparel line (PTON +5.67%)
Offer: AMC, Sony offering NFTs to people who purchase advance Spider-Man tickets (AMC -3.34%)
Today’s Market Terminology: Delta
Delta is the ratio that compares the change in the price of the underlying asset to the corresponding change in the price of a derivatives. It is also known as hedge ratio and ranges from 0 to 1
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