Monthly Archives: June 2022

US shares edged slightly lower on Wednesday in choppy trading as markets struggled to sustain a rebound from earlier Wednesday following the hearing from the Fed Chairman Jerome Powell. The Dow Jones Industrial Averages fell 0.15% while the S&P 500 dropped 0.13%; in the meantime, the Nasdaq Composite edged 0.15% lower to 11,053.08 at theContinue Reading

Dear Client, Please be advised of the upcoming SHOPIFY INC – CLASS A (SHOP) stock split that is going to take place as per the following schedule: Ex-Date: June 29th, 2022. Common shares will trade at the new split-adjusted price. Important implications of the Shopify Stock Split: 1. The quantity of shares of each client’sContinue Reading

US shares jumped on Tuesday following a brutal week as investors assessed a more aggressive Federal Reserve and digested rising chances of a possible recession. The technology-heavy weighted Index, the Nasdaq Composite led the rally, popping 2.51% on Tuesday. The S&P 500 climbed 2.45%, and the Dow Jones Industrial Averages edged 2.15% higher, coming backContinue Reading

After cryptocurrencies faced a major sell-off, Solend, a lending platform built on the Solana blockchain, attempted to gain control of its most extensive account to stop it from collapsing the system. The largest account, the so-called “whale” account, might influence the market movements significantly if the largest account holder decided to sell- off its assets.Continue Reading

Dear Client, In order to provide you with a better user experience, VT Markets will upgrade our MT4 software and server to version 1353 on July 2, 2022 (Saturday). Please ensure that your MT4 is up to date after July 2, 2022, as outdated versions (ver1340 and below) might experience issues connecting to the server.Continue Reading

The Nasdaq Composite and the S&P 500 bounced slightly on Friday as investors attempted to find some footing following a brutal week. All three US indices ended the week with a negative. The Nasdaq rose 1.43% while the S&P 500 climbed 0.22% to 3,674.84. The Dow Jones Industrial Average declined 0.13%, remaining below 30,000. GivenContinue Reading

US equity markets sank on Thursday and reversed the gains from Wednesday as investors worried the Fed’s aggressive monetary policy might lead the US economy into a recession. The Dow Jones Industrial Average tumbled below the psychological and key 30,000 level for the first time since early 2021. And the S&P 500 shed 3.25% whileContinue Reading

Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading

US shares rallied on Wednesday after the Fed raised the interest rates by 75 basis points, the largest increase since 1994. In the meantime, the Fed chairman, Jerome Powell signalled that the Fed could raise interest rates by a similar magnitude in July, promising to tackle the inflation. The markets were boosted and given confidence,Continue Reading

US markets were mixed on Tuesday as investors continued to brace for further rate hikes from the Fed and wait for the tier-1 economic data on Wednesday. The S&P 500 fell for a fifth day, dropping 0.38%. The Nasdaq Composite slightly rose 0.18% to close with 10,828.35 while the Dow Jones Industrial Averages declined 0.5%,Continue Reading