Latest Market News
Moderna MRNA, +6.34% has asked the U.S. Food and Drug Administration on Thursday to authorize a fourth shot of its COVID-19 vaccine as a booster dose for all adults, the Associated Press reported. The request is broader than rival pharmaceutical company Pfizer’s PFE, +0.50% request earlier this week for the regulator to approve a booster […]
TerrAscend Corp. TRSSF, +2.24% TER, +0.58% shares rallied 8.3% to close at $5.36 on Thursday after the company said it’s encouraged by prospects for adult use cannabis sales in New Jersey, as it released its fourth-quarter results. Cantor Fitzgerald analyst Pablo Zuanic on Thursday reiterated an overweight rating on the stock and set a March […]
Type: Bearish ReversalKey Levels:Resistance: 1963.6Pivot: 1948.2Support: 1894.9Preferred Case:Prices have recently broken out of our ascending trendline and retested it. We see the potential for a further bearish continuation from our Pivot at 1948.2 in line graphical overlap, 23.6% Fibonacci retracement towards our 1st support at 1894.9 in line with 127.2% Fibonacci projection. Our bearish bias […]
Type: Bearish ReversalKey Levels:Resistance: 4.934Pivot: 4.709Support: 4.415Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a further bearish continuation from our Pivot at 4.709 in line graphical overlap, descending trendline and 61.8% Fibonacci retracement towards our 1st support at 4.415 in line with 61.8% Fibonacci projection. Our […]
President Joe Biden will release his budget proposal for fiscal 2023 on March 28, an Office of Management and Budget official said. Presidential budgets serve as blueprints of what the administration hopes to accomplish, and lawmakers in Congress can develop their own plans for government funding. Source: Marketwatch
Chinese President Xi Jinping told U.S. President Joe Biden during a Friday phone call that the world’s prevailing trend of peace and development is facing serious challenges, according to a report from Xinhua, a Chinese state-run news agency. “The Ukraine crisis is not something we want to see,” Xi said, according to the report. The […]