Hey Global Investor! Here’s what you need to know before the US markets open.
Market Snapshot 📈
S&P 500 (Monday’s Close) 4,655.27 +60.65 (1.32%)
NASDAQ (Monday’s Close) 15,782.83 +291.18 (1.88%)
FTSE 100 (5 PM IST) 7,033.42 -76.53 (1.08%)
NIFTY 50 (Today’s Close) 16,983.20 -70.75 (0.41%)
USDINR (Today’s Close) 75.15 (1 Year +0.24%)
🔥 Top Movers
End: Twitter CEO Jack Dorsey hands reins to technology chief Agrawal (TWTR -2.74%)
Beat: Shopify president says its merchants’ Cyber Monday sales have already topped 2020 figures (SHOP -0.61%)
Tussle: Lululemon fires back at Peloton in growing feud over clothing patents (LULU +1.46%)
Later Today 🕒
Salesforce Earnings (CRM)
Zscaler Inc. Earnings (ZS)
Globalfoundries Inc. Earnings (GFS)
NetApp Inc. Earnings (NTAP)
Ambarella Inc. Earnings (AMBA)
Box Inc. Earnings (BOX)
Allbirds Earnings (BIRD)
Arteris Inc. Earnings (AIP)
Microsoft Annual General Meeting
8:30 PM IST: Consumer Confidence Index
Today’s Market Terminology: Leverage
Leverage is a technique involving the use of debt instead of fresh equity in the purchase of an asset. Expectation generally is that the after-tax profit will exceed the borrowing cost by several multiples
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