Day: September 10, 2022
Lowe’s Companies LOW, +0.62% said Thursday, along with and grocery-delivery platform Instacart, that same-day delivery service is now available nationwide, from more than 1,700 the home improvement retailer’s stores. The service comes after Lowe’s piloted same-day delivery, using Instacart, in certain markets in February. Lowe’s said nearly 30,000 items, including items as large as 3x3x5 […]
Type : Bearish Drop Key Levels:Resistance : 22420 Pivot: 20785 Support : 18610 Preferred Case: On the H4, with price expected to reverse off the stochastic resistance, we have a bearish bias that price will drop from the pivot at 20785 where the overlap resistance and 38.2% fibonacci retracement are to the 1st support at […]
Type : Bearish Drop Key Levels:Resistance : 1439’2 Pivot: 1394’2 Support : 1303’4 Preferred Case: On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 1394’2 where the pullback support is. Once there is downside confirmation that price has broken pivot structure, we […]
Gold futures ended lower on Thursday, pressured by remarks from Federal Reserve Chairman Jerome Powell that implied the central bank will continue to boost interest rate as it attempts to bring down inflation. U.S. initial jobless claims fell last week to a three-and-a-half-month low, “underscoring a robust jobs market even as the Fed launches monetary […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.
Oil futures ended higher on Thursday, with prices “near-term oversold,” following Wednesday’s “multi percentage-point drop to multi-month lows,” said Tyler Richey, co-editor at Sevens Report Research. Gains for oil came despite a report from the Energy Information Administration that showed an 8.8 million-barrel weekly rise in U.S. crude inventories. October WTI crude CLV22, +3.06% climbed […]
The British pound showed little movement Thursday after the death of Queen Elizabeth II at the age of 96. The pound GBPUSD, +0.73% traded at $1.1508 versus the U.S. dollar, down 0.2% on the day. The 96-year old monarch, who ruled the UK for 70 years, died peacefully at Balmoral Castle, according to an announcement […]
Queen Elizabeth II has died at her Balmoral home in Scotland, the Royal Family announced on Thursday. The 96-year old monarch, who ruled the U.K. for 70 years, died peacefully, according to the brief statement, which was read out by the BBC. King Charles and the Royal Consort Camilla Parker-Bowles will remain at Balmoral this […]
White House press secretary Karine Jean-Pierre offered a reaction on Thursday following news that Queen Elizabeth II has died, saying “our hearts go to the people of the United Kingdom, to the queen and to her family.” Jean-Pierre suggested President Joe Biden will have a message, telling reporters that she didn’t want to “get ahead […]
Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle the markets as much as most would have anticipated, indicating that traders might have already […]
