Latest Market News

Aug 22
E-mini Dow Jones Futures (YM1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 34247Pivot: 33439Support: 32608 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline , we have a bullish bias that price will rise from pivot at 33439 where the 23.6% fibonacci retracement , 61.8% fibonacci projection and pullback support are to 1st resistance at […]

Aug 22
Gold futures mark lowest settlement since late July

Gold futures on Monday logged their lowest settlement in nearly four weeks, down a sixth straight session — their longest such losing streak since early July. The “king dollar” has returned as investors “brace for a potentially hawkish speech” by Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium on Friday, said Edward Moya, […]

Aug 22
Netflix stock falls after CFRA turns bearish

Shares of Netflix Inc. NFLX, -6.55% were off more than 2% in premarket trading Monday after CFRA analyst Kenneth Leon downgraded the stock to sell from hold. He wrote that Netflix’s stock is up 40% from its July low, but he thinks it could lag the S&P 500 SPX, -2.27% for the balance of the […]

Aug 22
Average Bitcoin transaction fee drops under $1 as network difficulty recovers

In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. 3450 Total views 95 Total shares The average transaction fees on the Bitcoin (BTC) blockchain fell below $1.00 for the first time in over two years, further strengthening its use case […]

Aug 22
U.S. stocks hit session lows in afternoon trading as possible Fed moves weigh on investors

All three major U.S. stock indexes dropped to New York session lows Monday afternoon as investors came to terms with the prospect of continued rate hikes by the Federal Reserve. Dow industrials DJIA, -2.04% fell more than 600 points, or 1.8%, led by shares of Intel Corp. The S&P 500 SPX, -2.26% was down 2% […]

Aug 22
Ford confirms job cuts to pay for EV transition: WSJ

Ford Motor Co. F, -4.57% has confirmed layoffs affecting about 3,000 jobs mostly in the U.S. and Canada, and has started to notify workers through internal e-mail, The Wall Street Journal reported Monday. The auto maker said the cuts are effective Sept. 1. Ford reportedly had been planning layoffs over the summer in connection with […]