Latest Market News

Oct 26
Gold futures settle at their highest price in almost 2 weeks

Gold futures settled at their highest price in nearly two weeks on Wednesday, as the U.S. dollar index and Treasury yields continued to weaken. A weaker dollar has been “good news for bullion investors, but gains should be capped well ahead of the $1,700 level” for gold, said Edward Moya, senior market analyst at OANDA. […]

Oct 26
Boston Scientific stock drops more than 4% after profit misses expectations but sales beat, outlook mixed

Shares of Boston Scientific Corp. BSX, +1.66% dropped 4.4% in premarket trading Wednesday, after the medical devices company missed third-quarter profit expectations but topped on revenue, and provided a mixed full-year outlook. Net income fell to $174 million, or 12 cents a share, from $405 million, or 28 cents a share, in the year-ago period, […]

Oct 26
Endeavor’s IMG sells Miss Universe organization to Thai-based JKN for undisclosed sum

Sports and modeling agency IMG, a unit of entertainment giant Endeavor Group Holdings Inc. EDR, +0.74%, said Wednesday it has sold the Miss Universe organization to Thai-based JKN Global Media Public Co. Ltd. No terms were disclosed. The organization runs the annual Miss Universe competition, which is broadcast in 165 countries. Amy Emmerich will remain […]

Oct 26
Coronavirus tally: Shanghai starts to administer inhalable COVID vaccine in world first

Officials in Shanghai started administering an inhalable COVID-19 vaccine on Wednesday in what appears to be a world first, the Associated Press reported. The vaccine, a mist that is sucked in through the mouth, is being offered for free as a booster dose for previously vaccinated individuals, according to an announcement posted on an official […]

Oct 26
Dow Jones Wave Analysis – 26 October, 2022

• Dow Jones rising inside C-wave • Likely to reach resistance level 32635.00 Dow Jones recently broke the resistance level 31000.00 intersecting with the daily down channel from August and the 38.2% Fibonacci correction of the downward impulse from August. The breakout of the resistance level 31000.00 accelerated the C-wave of the active medium-term ABC […]

Oct 26
EURUSD Wave Analysis – 26 October, 2022

• EURUSD broke key resistance level 0.9985 • Likely to rise to resistance level 1.0165 EURUSD recently broke the key resistance level 0.9985 (top of the previous short-term wave (a) from the start of October). The breakout of the resistance level 0.9985 was preceded by the breakout of the extended down channel from February – […]