Latest Market News

Oct 07
Mt. Gox trustee sets registration deadline of Jan. 10 for repayment selection

Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced the options for repayment. Source: Cointelegraph

Oct 07
U.S. stocks end sharply lower after strong jobs report keeps Fed on hiking path, but post gain for week

U.S. stocks finished the week in the red after a still-strong September jobs report Friday suggested the central bank would not alter the course of monetary policy soon. The Dow Jones Industrial Average DJIA, -2.11% fell 630 points, or 2.1%, to finish at 29,297. The S&P 500 SPX, -2.80% lost 2.8%, while the Nasdaq Composite […]

Oct 07
Murrey Math Lines 07.10.2022 (Brent, S&P 500)

BRENT As we can see in the H4 chart, after breaking the 200-day Moving Average, Brent is trading above it to indicate a possible ascending tendency. However, there is divergence on the Relative Strength Index, which is a signal in favour of decline. In this case, the pair is expected to break 6/8 (93.75) and […]

Oct 07
Tilray widens net loss and misses analyst estimates, shares fall

Tilray Brands Inc. TLRY, -18.72% closed lower by 18.7% on Friday after the cannabis company said its first-quarter loss widened to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or 9 cents a share, in the year-ago quarter. Revenue at the cannabis company fell 9% to $153.2 million. Analysts expected […]

Oct 07
Dow skids nearly 700 points to new session lows Friday

U.S. stocks were tumbling to new session lows Friday afternoon after a strong jobs report for September reinforced a view on Wall Street that the Federal Reserve will keep tightening financial conditions to tame high inflation. The Dow Jones Industrial Average DJIA, -2.23% was down about 688 points, or 2.3%, near 29,240, after setting a […]

Oct 07
Dow skids more than 500 points Friday, but stocks still on pace to snap 3-week losing streak

U.S. stocks touched fresh session lows Friday afternoon after a jobs report for September showed no signs of labor gains easing back, a key focus of the Federal Reserve as it attempts to cool stubbornly high inflation. The Dow Jones Industrial Average DJIA, -2.21% was down about 585 points, or 2%, to trade near 29,341, […]