Daily Update 10/09/2019

Daily Update 10/09/2019

is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Despite the DJ30 posting a 4-day winning streak, other major Wall Street indices closed lower yesterday. The NSDQ100 and SPX500 both registered losses, despite starting the day with gains. The financial sector showed strong performance yesterday, as Citigroup closed more than 4% higher, Bank of America gained more than 3% and JPMorgan Chase closed with gains of 2.5%.

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Earnings season coming to an end: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.

* Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.

* Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.

* The information above is not investment advice.

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