The stocks close at session lows The major stock indices are closing lower for the day. The Dow and S&P fell for the fifth consecutive day. That is the longest losing streak since February. The NASDAQ index is closing lower for the third consecutive day. The major indices close lower this week. The final numbers are showing: Dow industrial average fell 271.66
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20 years ago suddenly things changed Tomorrow is the 20th anniversary of September 11, 2001. That day saw a plane crash into the Pentagon, another crash in Shanksville Pennsylvania presumably before reaching its intended target at the Washington Capitals or White House. However, it was the two planes that crashed into the World Trade Center
Pune: An ongoing drive to collect data about edible oil and oilseed stocks with the trade and industry will help deter hoarding and bring relief to consumers on prices, union food secretary Sudhanshu Pandey said on Friday. In an interaction with the media, Pandey predicted prices to start cooling from October. “To minimise the possibility
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks sank -10.39 mmb to 1233.43 mmb in the week ended September 3. Crude oil inventory declined for a 8 consecutive week, down -1.53 mmb (consensus: -4.61 mmb) to 423.87 mmb. Stockpile fell in PADD 3,
Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Gabby Jones | Bloomberg | Getty Images Affirm reported better-than-expected fiscal fourth-quarter results after the bell on Thursday, including solid guidance and 71% revenue growth. The stock soared more
GBP/USD Weekly Forecast: Range bound with an eye on the BOE Weak July GDP data restrains sterling and rate hike expectations. GBP/USD finishes the week on par and at the middle of three-month range. Sterling’s recovery on Thursday and Friday ended, temporarily, the threat of the GBP/USD breaking below 1.3765 support and entering the lowest
The 100 hour moving average and 200 day moving average are convergent 0.7114 The NZDUSD has been rotating back to the downside after an attempt to get above Tuesday’s high at 0.71523 failed. The pair was higher earlier in the day as stocks opened with solid gains, but those gains were eroded and the prices started to move back down. The pairs
A blow to Apples app store payment model Apple must allow external payment links conduct in enforcing anti-steering restrictions is anti-competitive judge does not find that Apple is an antitrust monopolist in the submarket for mobile gaming transactions Apple cannot prevent developers from using external links The price of Apple shares are down around 1.8%
New Delhi: After witnessing net outflow in July, gold exchange-traded funds (ETFs) attracted Rs 24 crore in August on a positive global outlook, reflecting an improving sentiment towards the yellow metal. The total inflow has reached Rs 3,070 crore in the asset class during the first eight months of the current year (January-August), data with
Canadian Dollar rebound strongly in early US session after stronger than expected job data. Commodity currencies are also generally firm with European stocks and US futures, followed by Sterling. On the other hand, Yen, Swiss Franc and Dollar are turning softer, but Euro is not too far away. The question now is whether the risk
In this article LULU Lululemon shares surged more than 13% in extended trading Wednesday after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts’ expectations. Consumers are shopping Lululemon stores and the company’s website for its sports bras, jogger pants and leggings for their stay-at-home wardrobes. But many are also seeking
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EUR/USD adds to recent gains above the 1.18 yardstick. The pair’s leg lower seems to have met support around 1.1800. German final CPI came in flat MoM and rose 3.9% YoY. The optimism around the European currency stays well and sound in the second half of the week and underpins the EUR/USD move to 2-day
A new poll has found that 27% U.S. residents support the government recognizing Bitcoin as legal tender. According to a poll from research and data analytics firm YouGov, 11% of respondents “strongly support” the idea that Bitcoin should be used as legal tender in the United States and a further 16% of respondents would “somewhat
NASDAQ down for the second consecutive day The US major indices are all closing lower with the Dow and S&P down for the fourth straight trading day. The NASDAQ has been down for two consecutive days A look at the closing levels shows: Dow industrial average fell -150.84 points or -0.43% at 34880.23. The low
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SINGAPORE: Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of about 1% after China announced plans to sell crude from its strategic reserves. Brent crude futures for November rose 44 cents, or 0.6%, to $71.89 a barrel
Overall, the forex markets are rather mixed as we’re heading towards the weekend. Euro is staying weak in European crosses, but selling slowed against Dollar and Yen. Meanwhile, commodity currencies are trading mildly higher, but remain the worst performers for the week. Dollar turned weaker against Swiss Franc and Yen, but there is no range