Latest Market News
U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 206 billion cubic feet for the week ended Jan. 14. That compared with the average decline of 193 billion cubic feet forecast by analysts polled by S&P Global Platts, which pegged the five-year average supply fall for the period at 167 billion […]
President Joe Biden on Thursday made an effort to walk back a much-criticized comment that he made the prior day about Russian President Vladimir Putin potentially launching a “minor incursion” targeting Ukraine. “If any assembled Russian units move across the Ukrainian border, that is an invasion,” Biden said Thursday ahead of a meeting on infrastructure. […]
The U.S. is averaging more than 2,000 COVID-19 deaths a day, according to a New York Times tracker, as the highly contagious omicron variant keeps cases and hospitalizations close to record levels. U.S. new cases are averaging 735,652 a day, up 21% from two weeks ago, although cases appear to be peaking in northeastern states […]
Shares of Netflix Inc. NFLX, -21.79% plummeted 19.6% in premarket trading Friday, as the streaming-video service’s disappointing outlook overnight prompted a number of Wall Street analysts to cut their ratings, but at least one analyst said the selloff appears “overcooked.” Benchmark’s Matthew Harrigan, who’s been bearish on Netflix for at least the past two years, […]
Schlumberger Ltd. shares SLB, -1.86% rose 1.4% premarket Friday, after the energy giant beat estimates for the fourth quarter and said it expects demand-led capital spending in the sector to create a multiyear growth cycle. The Houston, Tx.-based company posted net income of $601 million, or 42 cents a share, for the quarter, up from […]
Type: Bullish BounceKey Levels:Resistance: 1.13889Pivot: 1.13Support: 1.12831Preferred Case:Prices are at a pivot and are abiding to our daily ascending trendline support. We see the potential for a bounce towards our 1st resistance at 1.13888 in line with 50% Fibonacci retracement and 161.8% Fibonacci Projection. RSI are at levels where bounces previously occurred.Alternative Scenario:Alternatively, prices may […]