Good morning, our dear traders! Let’s see what news can move the market today:
🛢Oil fell to $92 a barrel due to concerns about demand and a possible return of Iranian supplies.
🍏Apple Inc. fired many contract recruiters last week as part of an effort to rein in the tech giant's hiring and spending. The redundancies highlight the company's decline.
🇺🇸Experts believe that the Federal Reserve has lost control of inflation, and the price of its recovery could well be a recession. Traders are looking forward to the tomorrow’s FOMC Meeting Minutes for hints and insights on the Fed's future policy.
☢️Bitcoin and Ethereum fell as appetite for risky assets waned after the data showing China's economic activity slowed across the board in July.
🚗Tesla announced the certain date to investors the news of a three-for-one stock split. As of the close of trading on August 24, Tesla shareholders will receive a "dividend" in the form of two additional shares. The next day, Tesla shares will begin trading at a new price - three times less than before.
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