Key Stocks, ETF To Watch As French Government Faces No-Confidence Vote

Benzinga45minutes ago

The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.

South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.

wallstreetcn18:09 ET

U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.

① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.

cls.cn17:27 ET

Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today

Kevin Travers16:20 ET

"The Most Powerful Retail Investor" claims to no longer be ALL-IN on Tesla and issues a "three battles" warning......

1. Tesla's third largest shareholder, Liao Kaiyuan, is reducing his positions in Tesla and shifting to short-term US Treasury bonds; 2. Liao Kaiyuan stated that the third world war has arrived, and a stock market crash like that of 1929 is imminent; 3. Liao Kaiyuan previously opposed Musk's $55 billion compensation plan, which was rejected by the Delaware State Court this Monday.

cls.cn14:50 ET

Credo Technology Analyst Double Upgrades AI Play, Raises Forecast By Almost 200%

Benzinga12:30 ET