A quick look at yesterday: the US tech hardware giant plunged into the red after losing 1.61%, declining to $81.39.
Meanwhile, United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300. United States CFTC Gold speculative net positions released yesterday at 19:30 UTC with a figure of 116,100, while the previous figure was 126,300. United States CFTC Nasdaq 100 speculative net positions released yesterday at 19:30 UTC with a figure of 3,000, while the previous figure was -5,300.
Oracle was not the only decliner in the technology sector; Apple lost 2.63% yesterday and closed at $144.22. Microsoft closed at $241.76 (down 2.32%). Qualcomm went down to $119.54, losing 3.17% after it closed at $123.45 yesterday.
Some optimism can drawn from the fact that United States Pending Home Sales is projected to outperform its last figure with -5%. It previously stood at -10.2%; data will be released tomorrow at 15:00 UTC. United States Crude Oil Inventories is projected to outperform its last figure with -2.49 million. It previously stood at -3.69 million; data will be released tomorrow at 15:30 UTC.
Furthermore, United States ADP Nonfarm Employment Change (Nov) will be released tomorrow at 13:15 UTC.
The stock has been trending positively for about 2 months. Having set a significant high of $103.65 a month ago, the US tech hardware giant is trading 35.45% lower.