CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

➡️US100 back in the 16,000 point zone

15:24 20 November 2023

US100 gains driven by Microsoft's historic highs📈

The US100 is up "only" 0.6% today, but the index is approaching the important level of 16,000 points. Moreover, the area around this level is also the local peaks of July this year. Once these are overcome, the US100 will be trading at its highest since early 2022. It is about 5% short of the historical peaks of 2021. Interestingly, with moderate increases in the US, we observed rather mixed sentiment in Europe today. 

The bullish momentum observed on US indices was further supported today by reports from Microsoft (MSFT.US). OpenAI co-founders Sam Altman and Greg Brockman are moving to Microsoft to take up leadership positions there for a new AI research unit. Hundreds of OpenAI employees have threatened to follow in the footsteps of Altman and Brockman if the changes at the company do not take place. In the wake of the reports, MSFT's shares temporarily rocketed to their highest levels ever. The stock is gaining about 1.5% and is trading near the $375 level. 

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Source: xStation
 

 

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