Shares of World Wrestling Entertainment Inc. WWE, -3.64% slumped 2.6% in premarket trading Friday, after the media and entertainment company said Vince McMahon will appear live on its “SmackDown” TV event. The show will air Friday at 8 p.m. Eastern on FOX. Earlier, WWE disclosed that it was investigating McMahon for “alleged misconduct,” and McMahon […]
U.S. stocks opened higher on Friday but still remained at their lowest levels since late 2020 after a brutal wipeout that sheared more than $2 trillion off the value of S&P 500 stocks. The Dow Jones Industrial Average DJIA, -0.13% shed 10 points, or 0.1%, to trade at 29,946, remaining below the 30,000 threshold. The […]
Shares of Seagen Inc. SGEN, +12.72% shot up 14.7% toward a seven-month high in morning trading Friday, after The Wall Street Journal reported that Merck & Co. Inc. MRK, -0.32% is looking into buying the cancer-focused biotechnology company. Meanwhile, drug-maker Merck’s stock eased 0.2%. Although terms of a potential buyout were not mentioned in the […]
Type: Bullish RiseKey Levels:Resistance: 974.7Pivot: 941.5Support: 919.7Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 941.5 in line with the overlap support and 23.6% fibonacci retracement to 1st resistance at 974.7 in line with the 78.6% fibonacci projection and […]
Another week comes to a close and as the weather heats up here in London it seems the markets are getting hotter also. There have been plenty of interesting developments and noteworthy moves this week. However, in FX especially, it seems the big move that has captured trader’s attention is the huge rally we’ve seen […]
World Wrestling Entertainment Inc. WWE, -3.64% Chief Executive Vince McMahon is stepping aside from that role as well as chairman during an investigation into a Wall Street Journal report that McMahon agreed to pay $3 million in hush money to a former employee over an alleged affair, the WWE announced Friday. In a release, the […]