Big Tech mixed, focus shifts to US jobs data! | MarketTalk: What’s up today? | Swissquote
Three US tech giants revealed their Q4 results yesterday, after the bell and the results were mixed. Meta jumped 15% in the afterhours trading, Amazon gained a bit more than 2.5% while Apple shares tumbled almost 3%. Today, Exxon and Chevron are due to announce how well they did last quarter.
On the macroeconomic front, the Bank of England (BoE) kept its rates unchanged yesterday but opened the door to rate cuts mentioning ‘good news on inflation’. Cable rebounded despite a dovish takeaway from the MPC meeting as the US dollar fell sharply despite better-than-expected ISM manufacturing survey. In the...