Stock Market Today: Dow Edges Higher; Tesla Stock and More Movers; July 4 Holiday Ahead

Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice. The next Shenzhen Stock Exchange

holiday is Mid-Autumn Festival

and will be observed on Friday, September 29, 2023

which is 3 months from now. We closely monitor the Shenzhen Stock Exchange for changes to their trading hour. If you are aware of an upcoming change, please contact us. The Asia/Shanghai timezone does not observe Daylight Saving Time.

Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters.

Economic worries pave the way for market concerns

TCEHY stock more than doubled from its October low to its late January high, then began to consolidate. Shares are just above the 50-day line, with 46.42 offering an early entry. Baidu stock has a handle buy point of 151 on a consolidation going back to early February. Shares jumped on July 3, breaking the downtrend of the handle and offering an early entry. On June 7, Trip.com reported much better-than-expected first-quarter earnings, with revenue up 107% vs. a year earlier. Analysts expect full-year EPS to soar 433%, essentially to pre-Covid levels.

TCOM stock is in a consolidation with a 37.91 handle buy point. Shares are bouncing from the 50-day line, offering an aggressive entry within the handle. China’s central bank cut several lending rates in June, but investors are looking for more, while the government has extended a purchase tax exemption for many electric vehicles, but investors appear https://forexhistory.info/ to want more. China is the world’s No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Trip.com (TCOM),  Tesla (TSLA) rival BYD (BYDDF), Tencent Holdings (TCEHY), Baidu (BIDU) and NetEase (NTES) are China stocks worth watching or potentially buying. Both publish annual calendars of their holidays and half days.

S&P 500 Futures Flat in Premarket Trading; Fidelity National, Tesla Lead

The Sydney-based Australian Securities Exchange (ASX) is roughly the same size as the South African exchange. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of experience researching personal finance topics. Specialties include general financial planning, career development, lending, retirement, tax preparation, and credit. Markets tend to rise as the economy expands, the Dow is no exception, although it reflects periods of volatility, is the second-oldest U.S. market index still in use. The Market Capitalization, or total value of all shares of all securities traded on the Shenzhen Stock Exchange

is $4.67 trillion USD. The MIC code for Shenzhen Stock Exchange is XSHE (SHENZHEN STOCK EXCHANGE).

It initially offered only shares in the Dutch East Indies Co. The largest stock exchange in Africa is in Johannesburg, South Africa. The largest stock exchange organization in Europe is Euronext, a pan-European exchange that operates in seven countries and has its headquarters in Amsterdam. Various Registered Investment Company products (“Third Party Funds”) offered by third party fund families and investment companies are made available on the platform. Certain of these Third Party Funds are offered through Titan Global Technologies LLC.

Latest On Shanghai

The Shanghai Stock Exchange (SSE) is based in Shanghai, China. There are eight other markets in this country including

Dalian Commodity Exchange, Shanghai Gold Exchange, and Zhengzhou https://forexbox.info/ Commodity Exchange. While it’s just one (admittedly somewhat extreme) example, Nevsky’s closure exemplifies the unintended consequences of Chinese market interference.

Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see Titan’s Legal Page for additional important information. Certain information contained in here has been obtained from third-party sources.

What is the difference between a stock exchange and the stock market?

These closures may be for the whole or part of a day, and they may be the “observed” date if the actual holiday falls on a weekend. Much of the increase owes to the recent rally in Chinese stocks after U.S. regulators suspended the threat of a trading prohibition under the Holding Foreign Companies Accountable Act. As of January 9, 137 Chinese companies, representing 99 percent of the market capitalization of Chinese companies listed on these exchanges, used auditors in those jurisdictions. Eastern time ahead of Independence Day in the U.S. on Tuesday. Many traders may be taking the day off to extend the weekend into the July 4 holiday.

The S&P 500 has risen on the final day of trading before the holiday in 67 of the last 95 years, according to Dow Jones Market Data. Stocks finished up a holiday-shortened session Monday with slight gains. On Wednesday 31 March 2021, trading will be half day trading for Oslo Børs.

In a letter to investors, the founder said that a lack of transparency in markets like China is making it increasingly difficult to make good investments. A major change is underway in the structure of the Chinese stock market – and by extension the global https://day-trading.info/ stock market. A bull market, or a bull run, is an extended period of rising stock prices. A bull market is the inverse of a bear market, which is a downward trending stock market. All holiday data is collected exclusively from primary sources.

“At this point, and with yields this high, markets need to see solid data and that means the ISM Manufacturing PMI moving closer towards 50 and beating expectations,” he writes. NetEase stock is just extended from the original buy zone, but investors could use 99.79 as a high-handle entry. NetEase briefly tested its 200-day line on May 25 following earnings, but reversed higher.

We continually monitory the market for changes to ensure the highest level of accuracy. In other words, rather than getting bogged down in the day-to-day volatility of a changing situation, it’s better to sit back and take the long view. Review your investing strategy and your target allocations and stick with the program and keep your discipline. Down markets are often a good time to buy, but timing the market is often a surefire way to lose your shirt. Among Hong Kong-listed stocks, EV maker XPeng rose more than 16%, while Li Auto and NIO climbed more than 8% after the trio delivered a record number of vehicles in June.

• NetEase stock is just extended from the original buy zone, but investors could use 99.79 as a high-handle entry.
• Extended-hours trade typically has far less volume than the regular session because fewer investors are participating, and that can create volatility.
• The volatility in the Shanghai stock exchange and the somewhat panicked and ineffective response could be acting as an indicator of how well-managed (or not) the Chinese economy is as a whole.
• The Market Capitalization, or total value of all shares of all securities traded on the Shanghai Stock Exchange

  is $6.93 trillion USD.

• Before investing in such Third Party Funds you should consult the specific supplemental information available for each product.
• The S&P 500 has risen on the final day of trading before the holiday in 67 of the last 95 years, according to Dow Jones Market Data.

In 2022, the NYSE has 10 full holidays and four early-closing days. The Nasdaq has the same holidays but seems to have fewer half days. The London Stock Exchange (LSE) has a two-minute break at noon. The mini-break is designed to protect institutional traders from high-frequency traders, whose split-second transactions can skew prices. The term “stock market” refers more generally to all stocks, or to a group of stocks in a particular region, industry, or sector. There are 11 time zones across Asia and its immediate neighbors, but fortunately, they synchronize their exchange hours for the sake of trade and liquidity.

The London Stock Exchange has a two-minute break at noon daily. The world’s stock markets serve as a clearinghouse for investors to come together to buy and sell shares, and also serve as a barometer of a society’s fears and hopes. Each country has its own schedule of federal holidays, of course. For example, Chinese exchanges close for a week to celebrate Lunar New Year, and Japan’s exchange goes dark for the vernal and autumnal equinoxes. Get our list of upcoming market holidays – delivered straight to your inbox every Monday at 6am ET.

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