Dow Jones drops 300+ points on Middle East tensions
Thansettakij•Economy•
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Source: Thansettakij (Original)
Key Entities
Organization
A New York stock market index that closed down over 300 points on July 20.
Alphabetℹ️
A big tech company whose earnings report is being monitored by investors this week.
Intelℹ️
A big tech company whose earnings report is being monitored by investors this week.
Houthi rebels(กลุ่มกบฏฮูตี)
An Iran-supported group in Yemen that announced a maritime blockade against Saudi Arabia.
Merrill and BofA Private Bank
An entity whose analysts noted investor anticipation for the easing of Middle East tensions.
A stock index where 8 out of 11 sectors closed in the red.
Nasdaqℹ️
A stock index supported by a recovery in chip stocks.
Micron Technologyℹ️
A chip stock that rebounded nearly 2%.
Astera Labsℹ️
A chip stock that increased by 1.9%.
Advanced Micro Devices (AMD)
A chip stock that increased by 1.6%.
Global Paymentsℹ️
A company whose shares jumped 5.8% after a Morgan Stanley upgrade.
Morgan Stanleyℹ️
A financial firm whose analysts upgraded Global Payments to Overweight.
A company whose shares rose 2.1% after reporting earnings higher than Wall Street expectations.
Tesla
A big tech company whose earnings report is being monitored by investors this week.
Texas Instrumentsℹ️
A big tech company whose earnings report is being monitored by investors this week.
ADP
An organization providing private sector employment figures.
S&P Globalℹ️
An organization providing PMI data for the service and manufacturing sectors for July.
Place
The location of the Houthi rebels.
A country supporting Houthi rebels and involved in a conflict with the US and Israel.
The target of a maritime blockade announced by Houthi rebels.
A country involved in a conflict with Iran and the source of upcoming economic data.
A country involved in a conflict with Iran.
A waterway that investors hope will reopen to reduce oil supply tensions.