the daily moo

Stock buying spree ignores Iranian conflict


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US stocks jump overnight, with the Nasdaq up 1.5%, with investors assuming the Iran-Israel conflict is unlikely to escalate. Because of this the oil price dropped 2% and the gold price dipped. Slight gain is expected locally, noting that Australian uranium stocks spiked up yesterday, led by Deep Yellow and Boss. There's a focus on Japan as central bank makes rate decision today.  

Securities mentioned include Invesco QQQ Trust, SPDR Gold ETF, RTX Corp, Deep Yellow, Boss Energy, Global X Uranium ETF

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the daily mooBy Moomoo Australia & New Zealand