It seems like so far, European companies did better than US companies in Q1 result. European’s stocks have reached recent high today, but US markets was downed. Europeans’ confidence seems like recovered recently and,now we can understand why ECB mentioned rate cut prior to US dollar in April.
Germany’s DAX index was up 20.5% to 18,498 points during the last 6 months. At the same period, S&P 500 index was up 19.3%.
Today, US Commerce Secretary mentioned “ US could ban Chinese related vehicles or impose restrictions.
That sounded like ‘ war announcement to China. ‘ Tesla’s stock fell and Europeans are smiling…
US stock market was toned down today.
DJ index was up 0.4% but S&P 500 index was unchanged and NASDAQ index lost 0.2%.
UBER’s stock price fell by 5.7% with disappointing Q1 numbers and more disappointing forecast.
Tesla’s stock price also fell with news about possible US prosecutor’s investigation over misleading investors and, consumers about Tesla’s self-driving tech. Isn’t it just coincident that US Commerce mentioned about…
