Latest Market News
Eurozone CPI Rises Again The first glimpse at Eurozone CPI for September makes concerning news. Headline CPI was seen breaking out to further record highs at 10% on the month. This marks a further stark increase from the prior month’s 9.1% reading and come sin above estimates for a 9.7% result. Similarly, core CPI was […]
Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move […]
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, -16.28% dove 12.3% in morning trading Friday, and were the second-worst performer in the S&P 500 SPX, -0.36%, in the wake of rival cruise operator Carnival Corp.’s CCL, -20.67% disappointing fiscal third-quarter results. Carnival’s stock was the S&P 500’s worst performer, tumbling 17.9% toward a 30-year low, […]
U.S. stocks opened lower Friday, feeling pressure after the Federal Reserve’s preferred inflation measure showed prices increased more than expected in August. The core personal-consumption price index, which strips out food and energy costs, rose 0.6% in August, compared with a forecast for a 0.5% increase. Investors were also monitoring a speech by Russian President […]
Shares of Snow Lake Resources Ltd. SNOW, +3.20% rocketed 43.5% in premarket trading Friday, after closing the previous session at a record low, after the lithium miner withdrew plans to for a relatively large stock offering. After the stock soared 38.3% on Sept. 23, on the back of the company’s announcement it would work with […]
American Electric Power AEP, -1.21% said Thursday it agreed to a lower price of $2.65 billion for the sale of its Kentucky operations to Liberty Utilities and that it expects to close the deal in January. AEP originally planned to sell the business for $2.85 billion to Liberty in a deal announced in Oct., 2021. […]