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
Modest changes for the major indices The Nasdaq and Russell 2000 both closed at record levels, but the S&P and Dow could not hold onto gains and are closing lower (and not at records). All were only modest gains or losses. The final numbers are showing: S&P index -4.33 points or -0.11% at 3911.26 NASDAQ
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Growing institutional interest in Bitcoin (BTC) helped elevate the top cryptocurrency to a new record high on Feb. 9 and led to a total market cap value higher than the market cap of the Russian ruble. Data from Cointelegraph Markets and TradingView shows Bitcoin established a new all-time high of $48,220 in the early hours
SINGAPORE: Oil prices advanced on Tuesday to their highest in 13 months, as supply cuts by major producers and optimism over a recovery in fuel demand support energy markets. Brent crude futures for April gained 50 cents, or 0.8%, to $61.06 a barrel by 0721 GMT. U.S. West Texas Intermediate crude (WTI) for March was
While silver’s retreat from the 8-year high suggests that the media-inspired short squeeze has failed and further correction is likely, the metal should benefit from the global economic recovery and the new US fiscal stimulus package in the longer-term. Although both are in the precious metal category, silver will be a better play than gold
H&R Block mortgage services sign Jb Reed | Bloomberg | Getty Images Mortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year earlier. Just under 6% of all U.S. mortgages — 2.7 million homes — were in
Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Twitter’s stock was flat in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as the company beat Wall Street’s earnings and
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