Latest Market News
U.S. stocks opened higher as investors digest fresh economic data and the European Central Bank’s decision to hike interest rates by three-quarters of a percentage point to fight inflation. The Dow Jones Industrial Average DJIA, +1.14% rose around 1.2% soon after the opening bell, while the S&P 500 SPX, -0.12% gained 0.4% and the Nasdaq […]
The trading of Twitter Inc. TWTR, +1.10% shares will be suspended before the opening bell Friday, according to information on the New York Stock Exchange’s website. Friday is the deadline imposed by a Delaware judge for Elon Musk and Twitter to close their $44 billion deal. While Musk sought to back out of the arrangement […]
The numbers: The economy grew at an annual 2.6% pace in the third quarter, rebounding from two consecutive declines in the first half of the year that ignited debate about whether the U.S. had sunk into a recession. The official resumption of growth was driven largely by a shrinking trade deficit and masked emerging weak […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the Tenkan-Sen line. The pair is going above the Ichimoku Cloud, which means an uptrend. A test of the Kijun-Sen line is expected at 1.1550, followed by growth to 1.1955. An additional signal confirming the growth will be a bounce off the lower border […]
USDCAD, “US Dollar vs Canadian Dollar” On H4, at the support level, the pair has formed a Harami reversal pattern. Currently, the pair may go by the signal, forming an ascending wave. The goal of growth will be 1.3690; it may be later broken away so that the price will continue the uptrend. However, the […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 52 billion cubic feet for the week ended Oct. 21. That compared with a market forecast for an increase of 61 billion cubic feet, according to an estimate from the Dow Jones economic calendar. Total working gas stocks in storage stand […]