Shares in Chinese electric vehicle maker NIO have been in hot demand after an analyst at JP Morgan upgraded the stock. Shares were instantly up around 15% on the note in what is now considered a very hot sector.
The analyst, Nick Lai, upgraded the company to
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US Equities saw a strong start into the new week of trading with the Nasdaq Composite outperforming, seeing a gain of more than 2.5%.
Apple and Amazon stood out with impressive results. Amazon's recent gains could mainly have been driven by Prime Day, but th
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Global stock markets have continued to fall for the third straight day as hopes for a US stimulus before the election fade. Treasury Secretary Steven Mnuchin said that reaching a stimulus deal to help navigate the economic impact of the coronavirus would be diff
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Stocks in the tourism sector suffered another setback in the stock market after Johnson & Johnson temporarily suspended trials on the coronavirus vaccine and Eli Lilly stopped trials of its experimental antibody-based treatment against Covid-19.
The shar
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The British pound has been one of the worst-performing currencies this week as the UK unemployment rate surged to its highest level in more than three years. In the last quarter to August, the unemployment rate rose to 4.5% compared to 4.1% in the previous quart
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