Latest Market News
Notice Comments Summary In light of the increasingly automated markets for NMS stocks, FINRA is issuing this Notice to remind member firms of their obligation to execute marketable customer orders fully and promptly. We also are reminding firms of their obligation to ensure that their supervisory systems are reasonably designed to achieve compliance with this […]
The BoE will remain on its rate hiking path in February as inflation is well above its target and the economy-threatening impact of the omicron strain should be milder than previous variants of the coronavirus, a Reuters poll showed.The Bank of England was the first major central bank to hike interest rate in December – […]
Type: Bearish ReversalKey Levels:Resistance: 114.646Pivot: 114.646Support: 112.547Preferred Case:Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our Pivot at 113.908 in line with 61.8% Fibonacci retracement towards our 1st support at 112.547 which is a graphical swing low and area of fibonacci confluences.Alternative Scenario:Alternatively, prices […]
Huntington Bancshares Inc. HBAN, -8.99% shares fell 4.4% in premarket trades on Friday after the bank missed Wall Street’s earnings target. The Columbus, Ohio financial company said it earned $401 million, or 26 cents a share in the fourth quarter, up from $316 million, or 27 cents a share, in the year-ago quarter. Adjusted earnings […]
Coty Inc. COTY, -2.89% stock rose 1.9% in Friday premarket trading after the beauty company was upgraded to buy from neutral at D.A. Davidson. Analysts maintained their $11.50 price target. D.A. Davidson cites market share gains for the CoverGirl cosmetics brand and Sally Hansen nail brand along with steep share declines since a November meeting […]
Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures […]