Major US equity indices witnessed a mixed opening on Thursday, with a sharp fall in technology stocks overshadowing positive trade-related developments. The US and the EU agreed to work toward eliminating tariffs and negotiate on trade, which triggered a fresh wave of risk-on trade across global financial markets. The optimism, however, was largely offset by disappointing quarterly results the social-media giant – Facebook. A slump in Facebook took along the high-growth FAANG group of stocks and weighed heavily on tech-heavy Nasdaq Composite Index, fueling some cautiousness as investors continue to monitor the second-quarter earnings season. Meanwhile, European markets cheered Wednesday’s upbeat meeting between the US President Donald Trump and European Commission President Jean-Claude Juncker, and the spillover effect provided a goodish lift to the blue-chip Dow Jones Industrial Average (DJIA). During the opening hour of trade, the DJIA rallied nearly 150-points to 25,560. Conversely, the broader S&P 500 Index traded with a loss of around 8-points to 2,838 and Nasdaq tumbled nearly 100-points to 7,837. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China planning retaliation for ‘any amount of US tariffs’ – Bloomberg FX Street 5 years Major US equity indices witnessed a mixed opening on Thursday, with a sharp fall in technology stocks overshadowing positive trade-related developments. The US and the EU agreed to work toward eliminating tariffs and negotiate on trade, which triggered a fresh wave of risk-on trade across global financial markets. The optimism, however, was largely offset by disappointing quarterly results the social-media giant - Facebook. A slump in Facebook took along the high-growth FAANG group of stocks and weighed heavily on tech-heavy Nasdaq Composite Index, fueling some cautiousness as investors continue to monitor the second-quarter earnings season. Meanwhile, European markets… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
