US markets closed higher yesterday, Asia-Pacific markets are mixed so far

  • Top laggard NovoCure gave up $35.51, or 43.04% yesterday Coinbase had a negative day yesterday (down 12.09%).
  • Asia-Pacific markets are in session with varied performances.

Yesterday's market activity meant that leading equity indices in the US rose as Nasdaq closed the day at 13,276, having gained 0.36%. S&P 500 ended the session at 4,284 after a 0.24% gain.

US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific markets are currently mixed so far this session. European markets closed higher yesterday whilst FTSE is up by 0.37%, hitting 7,628.

3Rd quarter earnings season is mostly over, with GameStop Corp. & Smartsheet Inc. releasing their earnings reports just this week.

Today's rise takes place amid mixed market indicators — United States ISM Non-Manufacturing PMI (May) came out at 50.3, while a consensus of analysts was expecting 51.8. United States Services PMI released Monday with a figure of 54.9, while the previous figure was 53.6. United States API Weekly Crude Oil Stock came out at -1.71 million, while a consensus of analysts was expecting 1.5 million.

Furthermore, the market is looking at projections for United States Crude Oil Inventories are set for a continuation of decline with 1.15 million while previous data was 4.49 million; data will be released today at 14:30 UTC. United States Initial Jobless Claims projected to decline to 238,000 while previous data was 232,000; data will be released tomorrow at 12:30 UTC.

While most assets did well yesterday, some did better than others as Qurate Retail trades at $1.07 having gained 15.34%.

Yesterday's bullishness contained stragglers as noticeable risk-on sentiment wasn't enough to prevent NovoCure giving up $35.51, or 43.04%, before ending the session at $47. Coinbase had a negative day yesterday (down 12.09%).

NovoCure | Closed down 43.04% at $47 yesterday

  • NovoCure Limited hit a significant low of $47 around a day ago, but has since recovered 75.55%.

NovoCure gains 2.06% in after-hours and trades at $47.97. This comes following a session of losses in which it closed at $47 after dropping to $46.07 for the first time in 4 years. So far this year, it has been under-performing the Nasdaq by 42.08%. The company is currently trading with a market cap of $4.99 billion with an average daily trading volume of 1.37 million shares. NovoCure's last revenue report was $122.18 million with an EPS of -50 cents.

Qurate Retail | Closed +15.34% at $1.07

An influx of buyers helped the media conglomerate to end the session higher around $1.07, while establishing a 92 cents to $1.09 session range yesterday. The day's trading volume totalled 5.40 million shares — slightly under the 21-day average of 7.11 million.

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