empty
11.10.2022 02:18 PM
China scares the whole world with coronavirus again

There is plenty of pessimism in the market, which affects the mood of investors and pushes them away from buying risky assets. On top of everything else, not to mention the rise in US bond yields and the escalation of the geopolitical conflict, information began to arrive today that the number of new COVID cases has sharply increased in mainland China. It prompts many local authorities to tighten control over the movement of citizens. According to the latest data, about 4.8% of China's gross domestic product has suffered due to measures introduced to control COVID.

This image is no longer relevant

According to official announcements, entertainment venues, including Internet cafes, were temporarily closed in the center of Shanghai earlier this week. According to a local news agency, many schools in the central Chinese city of Xi'an canceled classes for most students on Tuesday.

The overall situation with COVID worsened at the end of last week when the National Day holiday ended. If the situation continues to deteriorate sharply, it is possible to introduce stricter restrictive measures, which will create risks for supply chains and spur global inflation.

Premarket

Angi's securities rose by 2% in the premarket after a new CEO was appointed.

KLA, a semiconductor equipment and services company, will reportedly suspend sales in China to comply with US export controls. KLA shares fell 2.4% in the premarket on this announcement.

Instagram Facebook and Atlantic Equities announced today that they are revising the Meta rating to "neutral" from "buy," which affected the share price of the parent companies, Facebook and Instagram. The firm said Meta faces increasingly challenging growth prospects due to macroeconomic hurdles. At the moment of the action, Meta fell by 1.3% in the premarket.

BlackRock shares were downgraded to "neutral" from "buy" at UBS, while the asset management company's target share price was lowered to $585 per share from $700. UBS said that BlackRock faces a certain risk due to its position on investing in ESG.

The securities of gaming company Roblox fell by 4.3% in the premarket after a new report by Barclays described the shares as "undervalued." The bank said that the gaming operator was in charge during the pandemic, but now the growth will be more restrained since its key rivals have already established themselves well enough in the market.

As for the technical picture of the S&P500, yesterday, there was another decline in the trading instrument. Now trading is below $3,608, which makes it difficult for the index to recover even in the short term. The bulls will expect a dash to $3,608 at the beginning of the regular session. But only a breakdown of this level will return the trend to an upward correction. The breakdown of $ 3,608 will support a new upward momentum, already aimed at the resistance of $3,645 and $3,677. The furthest target will be in the area of $3,706. In the event of further downward movement, the bulls will declare themselves in the area of $3,579, as it was already today. However, a breakdown of this range will quickly push the trading instrument to $3,544 and open up the possibility of updating support at $3,507 – a new annual minimum for the index.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Mercado de valores el 26 de junio: SP500 y NASDAQ desaceleran su crecimiento

Al cierre de la jornada de ayer, los índices bursátiles estadounidenses mostraron una dinámica mixta. El S&P 500 subió un 0,01%, mientras que el Nasdaq 100 ganó un 0,31%

Jakub Novak 08:56 2025-06-26 UTC+2

El mercado bursátil se acerca a niveles peligrosos

La estructura de ondas del gráfico de 24 horas para el instrumento #SPX parece en general comprensible. Actualmente, se ha completado presuntamente la formación del tramo alcista de la tendencia

Chin Zhao 07:52 2025-06-25 UTC+2

Mercado bursátil el 20 de mayo: S&P500 y NASDAQ abrieron con crecimiento

En la última sesión regular no se realizaron operaciones. Los índices bursátiles estadounidenses cerraron mixtos. El S&P 500 cayó un 0,03%, mientras que el Nasdaq 100 subió un 0,13%

Jakub Novak 13:19 2025-06-20 UTC+2

S&P500 (SPX): según los resultados de la reunión de la Fed

S&P500 (SPX): El mercado bursátil de EE. UU. se encuentra entre las expectativas positivas por la reforma fiscal y los temores relacionados con la geopolítica, los riesgos

Jurij Tolin 15:04 2025-06-19 UTC+2

Mercado bursátil el 13 de mayo: el SP500 y el NASDAQ cayeron

Al término de la última sesión regular, los índices bursátiles estadounidenses cerraron en alza, pero luego la situación cambió radicalmente. El S&P 500 subió un 0,38%, y el Nasdaq

Jakub Novak 13:06 2025-06-13 UTC+2

#SPX - Índice S&P 500 - el potencial de crecimiento no se ha agotado - pero existen matices... Análisis complejo - Horquillas de Andrews APLs & ZUP - desde el 13 de junio de 2025

Escala operativa Minute (marco temporal h4). Niveles técnicos principales para la negociación de #SPX - h4 - revisión de los posibles movimientos a partir del 13 de junio de 2025

Ratu Taslim 13:01 2025-06-12 UTC+2

Mercado bursátil el 12 de mayo: el SP500 y el NASDAQ bajaron ligeramente

Al término de la última sesión regular, los índices bursátiles estadounidenses cerraron en descenso. El S&P 500 cayó un 0,27%, mientras que el Nasdaq 100 retrocedió un 0,50%

Jakub Novak 12:11 2025-06-12 UTC+2

Mercado bursátil el 10 de mayo: SP500 y NASDAQ continúan al alza

Al cierre de la última sesión regular, los índices bursátiles estadounidenses mostraron un fuerte crecimiento. El S&P 500 subió un 0,09%, mientras que el Nasdaq 100 saltó un 0,31%

Jakub Novak 08:42 2025-06-10 UTC+2

Pronóstico para el S&P500 para el 10 de junio de 2025

S&P500 En el gráfico del marco temporal semanal, el precio hoy ha salido por encima de la línea de Kruzenshtern, la apertura de la semana se produjo por encima

Laurie Bailey 08:07 2025-06-10 UTC+2

Mercado bursátil el 9 de mayo: SP500 y NASDAQ subieron bruscamente

Al cierre de la última sesión regular, los índices bursátiles estadounidenses mostraron un fuerte crecimiento. El S&P 500 subió un 1,03%, mientras que el Nasdaq 100 saltó un 1,20%

Jakub Novak 08:31 2025-06-09 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.