Daily Report 10.02.2021
Објавено: 10. 02. 2021

S&P 500 falls slightly, snapping 6-day winning streak; European markets close lower as global rally loses steam; Total falls 1.8% after earnings 
U.S. stocks held steady on Tuesday as the market’s blistering rally in February took a pause. The Dow Jones Industrial Average and the S&P 500 were little changed after a six-day winning streak. The Nasdaq Composite rose 0.3% to hit a new intraday record high. Facebook and Netflix rose more than 1% each, while Microsoft and Alphabet also traded in the green. 


European stocks closed slightly lower on Tuesday as the rally that’s seen global stocks nudging to record highs appeared to be cooling. The pan-European Stoxx 600 ended the session down by about 0.1%, with most sectors and major bourses finishing in negative territory. 
Earnings remain high on the agenda, with oil major Total reporting a massive fall in annual profit before the bell. Full-year 2020 net profit came in at $4.06 billion, beating expectations of $3.86 billion, from analysts polled by Refinitiv, but reflecting a 66% drop compared with $11.8 billion for the 2019 fiscal year. Total shares shed 1.8% by the close after inching slightly higher earlier in the session. 
Austrian chipmaker AMS slipped 7.1% despite recording an 86% jump in 2020 sales, with traders citing profit taking, according to Reuters. 
Source: CNBC