S&P, NASDAQ, Russell 2000 all close lower on the day Looking at the major stock indices, the Dow industrial average is the only one positive. It also closed at a record high level. Other highlights for the day included: The S&P fell for the 2nd day in a row The NASDAQ index snapped a 4 day
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Forex news for North American trading on February 10, 2021. In other markerts: spot gold is trading up $4.29 or 0.23% at $1842.61 spot silver is down $0.25 or -0.91% $27.01 WTI crude oil futures are down $0.01 or 0.02% of $58.35 Bitcoin is trading down $2400 or -5.1% at $44,900. Today, the main events
Today, Bitcoin-on-Ethereum yield vault project BadgerDAO and fellow yield vault platform Yearn.Finance announced a partnership designed to bring Yearn’s sustainable vault expertise to Badger. “Today we’re excited to develop a partnership that will bring our teams together to further accelerate best in class BTC vaults for the industry,” BadgerDAO said in a blog post. “This
NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years, supported by producer supply cuts and hopes vaccine rollouts will drive a recovery in demand. US crude inventories fell unexpectedly in the week, dropping 6.6 million barrels according to the Energy Information Administration, compared with
Dollar’s selloff continues in early US session and it’s extending after weaker than expected core CPI reading. Sterling is lifted by strength in UK yield today, with 10-year Gilt yield hitting as high as 0.494 so far. It could try to take on a pre-pandemic floor of around 0.50%. Currency markets are relatively mixed elsewhere,
Getty Images Investors are waiting for inflation to pick up, but the consumer price index should show just a slight gain in January, boosted by rising gasoline prices. Economists expect a consensus 0.3% increase in the index, a measure of inflation, or a year-over-year gain of 1.5%, according to Dow Jones. Excluding food and energy,
GM CEO and chairman Mary Barra speaks during an “EV Day” on March 4, 2020 at the company’s tech and design campus in Warren, Mich., a suburb of Detroit GM General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, based on average analysts’ estimates
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NYSEAMERICAN:ZOM fell 14.07% on Tuesday despite broader markets hitting new all-time highs once again. ZOM’s stock offering valued at $1.90 per share by its underwriter. ZOM is set to launch its Truforma software platform in veterinary offices in March. NYSEAMERICAN:ZOM has been on the radar lately as one of the meme stocks that was caught
The greenback falls to fresh lows on the day There’s still no reprieve for the dollar this week as the greenback slides to fresh session lows in the European morning. EUR/USD is up to a high of 1.2143 and looks towards the 50.0 retracement level of the swing lower to start the year @ 1.2150:
The dollar pushes higher after earlier declines EUR/USD has given up most of its advance and falls to 1.2114 from 1.2144 earlier while we are seeing USD/JPY hold a slight bounce from its 100-day moving average near 104.40 to post a session high of 104.75 currently. Elsewhere, the antipodeans are also tracking lower against the
NEW DELHI: Gold and silver futures prices continued to gain on Wednesday as the path for the US stimulus package became clearer while the US dollar also fell to one week low. US President Joe Biden said he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income
Dollar stays broadly weak in Asian session today even though general sentiments stabilizes. Risk-seeking trading is taking a breather somewhat after US stocks hit new intraday higher overnight. Euro is currently the stronger one for today, followed by Sterling. But Swiss Franc and Yen are currently the best performing ones for the week so far.
A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Employers added slightly more job posts late last year, but hiring slipped as the labor market ended 2020 on an uncertain note, the Labor Department reported Tuesday. Total openings increased to
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
AUD/JPY fades bounce off 80.64, snapped five-day uptrend on Tuesday. Bearish candlestick formation gains major attention near the highest since December 2018. Bullish MACD, multiple tops in January will test intraday sellers. AUD/JPY drops to 80.91 during the early Wednesday’s Asian session. In doing so, the cross justifies the previous day’s hanging man candlestick formation