Stocks in Asia declined amid economic threats from high inflation, tightening monetary policy and China’s Covid-19 lockdowns.
Stock futures jumped Tuesday morning as Wall Street digested a key inflation report. A day earlier, all three major U.S. equity indexes finished firmly in the red. The Dow dropped 1.19%, the S&P 500 fell 1.69% and the tech-heavy Nasdaq Composite lost 2.18%.
So which stocks are trending and expected to give you the best results?
Let’s discuss the top 5 stocks in detail so you can decide which one you should invest in.
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1- S&P 500
One of the best-known stocks in the U.S stock market is S&P 500. It is one of the largest equities in the US stock market with an available 80% of market capitalization.
As of 2020, it has set a benchmark of USD 13.5 trillion indexes with more than 500 leading companies in assets. It is currently facing a downfall of 0.25% and currently trading at 4489.4 USD at the time of writing. In the past 7 days S&P 500 is going in red, investors have suffered a loss of 3.50%.
2- NASDAQ
The public trading incorporation, NASDAQ, is another top-rated asset in the stock market today. With a current price of USD 183.42, NASDAQ has a market capitalization of 30.16 Billion.
At the time of writing, it is standing at 14,327 with a downfall of 1.38%. In the past 7 days, NASDAQ had a whopping downfall of 7.41% and it is expected to further decrease due to the current global crisis.
3- Dow Jones
On the New York Stock Exchange (NYSE), the Dow Jones acts as an industrial average for the highest-trading stocks.
Dow Jones tracks more than 500 stocks and contains approximately more than 2500 U.S and international equities. Currently, it is trading at 34370.5 USD with a gain of 0.45% in the last 24 hours. Unlike the S&P 500 and NASDAQ, Dow Jones rose to 34,894.69 USD but then observed a downfall of 1.63% in just 7 days.
4- FTSE 100
The Financial Times Stock Exchange (FTSE), also known as FTSE 100 index, has the highest market capitalization with over 100 companies in the London Stock Exchange. Currently, FTSE 100 has a 4% historical rolling return in 2022.
This is a massive average return over the year which shows that it’s not a bad idea to invest in the FTSE 100 as it is a good investment option. At the time of writing, FTSE 100 is going strong with a gain of 0.64%. If we look at the stats of the past 7 days, it was going green with a gain of 0.79%.
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5- CAC 40
With over 40 largest weighted indexes in the French stock market, CAC 40 proves to provide the most significant value among the top 100 market caps.
It is an excellent barometer that shows the performance of the 40 highest and most actively traded shares on Euronext Paris. It has a whopping gain of 1.34% at the time of writing. However, it had a major downfall of 2.61% in the past 7 days.
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Conclusion
Best of all, these top-rated stocks are performing their best and their rates will definitely rise in the upcoming days.
In the end, investing in stocks is all about patience and good timing. When you see that the market value of your purchased stock has increased enough, sell it. In this way, you’ll get high profits and massive investment gains in the future.
