Scan to Download ios&Android APP

Choppy trading on Wednesday ends in session losses for US indexes

20:30, 22 June 2022

Share this article
In this article:

Have a confidential tip for our reporters?

Choppy waves
Roku stock stands out in tech as oil and gold mix - photo: Getty Images

A day after a bear market rally spurred the major US gauges to session wins, choppy trading and a late sell-off on Wednesday sent them below the redline before the bell.

The Dow Jones Industrial Average (US30) lost 47 points, or 0.15%, while the Nasdaq 100 (US100) slipped 0.16%, and the S&P 500 (US500) fell 0.13%.

On Tuesday, the blue-chip Dow jumped 2.15%, the tech-heavy Nasdaq shot 2.49% higher, and the S&P gained 2.45%.

Nasdaq 100 (US100) price chart

Tech roundup: Roku stands out

In the technology sector on Wednesday, shares of Microsoft (MSFT) sank 0.24%, Apple (AAPL) fell 0.38%, while Alphabet (GOOGL) backpedaled 0.051% and Intel (INTC) slipped 0.93% into the red.

Meanwhile, shares of Texas Instruments (TXN) lost 0.56%, Advanced Micro Devices (AMD) dipped 0.048%, as Nvidia (NVDA) dropped 1.24% lower and Roku (ROKU) went up 2.37%.

Roku (ROKU) price chart

Commodities: Oil ends at $105 a barrel, gold climbs

Oil futures were lower as West Texas Intermediate lost 3.91% to $105.24 a barrel, while Gold futures rose 0.07% to $1,840.10 an ounce.

What is your sentiment on Oil - Crude?

109.74
Bullish
or
Bearish
Vote to see Traders sentiment!

US Crude Oil price chart

 

Read more:

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?


Join the 400.000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account

2. Make your first deposit

3. You’re all set. Start trading