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Stocks ended mostly lower but well off session lows Monday, with the tech-heavy Nasdaq Composite erasing its early plunge to eke out a small gain. The Nasdaq COMP, +0.05% finished with a gain of around 7 points, or less than 0.1%, near 14,943, according to preliminary figures, after falling as much as 2.7% at its […]
Shares of Big Lots Inc. BIG, -6.70% fell more than 7% in the extended session Monday after the retailer said it has been seeing “softening of traffic and sales trends” in January caused by the spread of the omicron variant of the coronavirus in addition to winter weather. The company said that could lead to […]
Bahrain’s central bank initially announced its JPM Coin trial in May 2021. 4030 Total views 119 Total shares Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency. The Central Bank of Bahrain (CBB) has successfully completed a digital payments test […]
Abercrombie & Fitch Co. ANF, -2.53% shares jumped more than 6% late Monday after the retailer said it expects fiscal 2021 net sales to be between 19% and 20% higher than its 2020 net sales of $3.13 billion, and up between 2% and 3% compared with 2019 net sales. Abercrombie tweaked its fiscal 2021 fourth-quarter […]
Lucid (NASDAQ: LCID) stock is trading in the opening market, today, Monday, down 3.79%, to reach the level of $41.98 . The stock was up nearly 10% on Friday, as the electric car maker rebounded for a second session after the last big drop, and activity in the stock was strong, with more than 78 […]
EUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize, the latest US labor market report showed a lower-than-expected headline payroll gain in December but […]