Stocks up today despite US tech sell off

Stocks up today despite US tech sell off

UK and European stocks are slightly higher this morning despite a slide on Wall Street on Monday. US technology stocks were hit particularly hard with heavyweights like Apple, Alphabet etc down more than 2%.

Chinese property giant Evergrande missed another interest rate payment.

Markets will be looking ahead to Friday’s US non-farm payrolls data for September which may give investors clues re the Fed’s taper timeline.

 

Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure