Global markets power back as Big Tech drowns out the coronavirus and GDP gloom

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Happy Friday, BullSheeters The U.S. futures look set to pop, closing out the week (and the month) on a high note. That’s thanks to the heroics of Big Tech.

Let’s check in on the action.

Markets upgrade


  • The significant indexes are mainly lower, with Japan’s Nikkei down more than 2% in afternoon trade.
  • In Apple’s outstanding incomes call the other day it singled out outstanding China results, with local incomes topping $ 9.3 billion and record iPad sales.
  • Chinese electrical automobile start-up Li Auto made its Nasdaq launching the other day and immediately skyrocketed 43% Its greatest backers are TikTok owner Bytedance and ecommerce group Meituan Dianping.


  • The European bourses remained in the green at the open– that’s in spite of a batch of rough GDP numbers
  • The German economy, the engine of the euro zone, shrunk by 101% in Q2, the worst displaying in half a century. That’s a quarter-over-quarter number, unlike the annualized procedure chosen in the U.S.
  • In a surprise announcement, the U.K. federal government reimposed lockdown procedures on Northern England, consisting of the Greater Manchester location, as coronavirus cases there climb up. It follows brand-new information programs …

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