Asia follows Wall Street's bearish lead from Friday. Slow growth and tighter regulations affect markets. Today's losses on the Australian stock market extend yesterday's. The S&P/ASX 200 fell below 6,800 on Friday. After Snapchat's (SNAP) dismal results and stock price drop last week, investors wonder if this is a sign of bigger economic concerns. Alphabet, Apple, Intel, Microsoft, and Meta will report earnings this week. Oil fell in Asia Monday on concerns a Fed rate hike will reduce demand. Bitcoin -3.4%, $21827; ETH -5.3%, $1513; BNB -2.5%, $254.8 S&P futures are down 0.22 percent this morning due to Asian markets. Technical Analysis: This S&P futures video forecasts today's stock market. This is just one viewpoint; do your own research and trade the stock market at your own risk. https://www.forexlive.com/technical-analysis/stock-market-today-25-july-quick-updates-market-forecast/ |
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