Premium Club Bonus

Enjoy up to an
Extra 20% Deposit Bonus

SHARE
this page
FacebookTwitterLinkedInWhatsAppTelegramMessenger

The Nasdaq gains over 280 points as tech stocks rally on Friday

  

Last Week Risers & Fallers:

  • Nasdaq (US100) – The Nasdaq gained 288 points on Friday or 2.66%. Over 100 companies’ earnings reports coming out this week, amongst them are Tesla, Microsoft, and Boeing.

  • Microsoft Inc. (NASDAQ: MSFT) – Microsoft stocks gained 3.57% on Friday after tech stocks rallied in light of upcoming tech earnings this week. The stock closed at $240.22.

  • Goldman Sachs (NYSE: GS) – Goldman Sachs stock price fell 2.54% on Friday, closing at $341.84. Less favorable Q4 earnings report and a regulatory investigations into the bank’s consumer business caused the losses.

  • Gold – Gold was up 0.20% on Friday and reached a daily high of 1,939.90.

Major events to watch:

  • NZ (NZD): New Zealand Consumer Price Index (CPI) – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.  CPI was up 2.2%, better than the forecast of 1.6%.

    The report is due Tuesday, 24 January at 21:45 GMT

  • CANADA (CAD): Canada Interest Rate Decision – Bank of Canada (BOC) governing council members come to a consensus on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.  Canada’s interest rate is set to 4.25%.

The report is due Wednesday, 25 January at 15:00 GMT

  • USA (USD): USA Gross Domestic Product (QoQ) – Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. US GDP improved to 3.2% versus the forecast of 2.9%.

The report is due Thursday, 26 January at 13:30 GMT


Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

Trading Experience Plus

Previous
Next

Fast & easy account opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods

  • Trade

    Access 500+ instruments across all asset classes on MT4/MT5

That's it, it's that easy to open a Forex and CFD trading account.
Welcome to the world of trading!
Open Live Account

Contact Us

  • General Enquiries

    We are here to provide you with a successful trading journey from account opening to funding and trading.

    [email protected]
  • Premium Clients

    If you are interested in becoming a premium to unlock your extra services as a high-volume trader or joining Vantage Club, please email us below.

    [email protected]