Latest Market News
Oil futures rose Tuesday, with U.S. prices marking their highest settlement since mid-September. Reports said the Organization of the Petroleum Exporting Countries and their allies will consider a production cut of 2 million barrels per day at their meeting Wednesday, higher than previous expectations for a 1 million-barrel reduction. November WTI crude CLX22, +2.92% rose […]
Shares of Carnival Corp. CCL, +13.15% soared 13.7% in afternoon trading, to bounce off the previous session’s 30-year closing low, and enough to be the S&P 500’s SPX, +2.76% third-biggest gainer. The two bigger gainers were fellow cruise operators, as shares of Royal Caribbean Group RCL, +16.41% ran up 15.4% and Norwegian Cruise Line Holdings […]
Florida Gov. Ron DeSantis, a likely Republican presidential contender, will brief President Joe Biden on hurricane recovery efforts when Biden visits the state on Wednesday, the White House said. DeSantis, a sharp critic of the Biden administration, will give the president “an operational briefing on the current response and recovery efforts,” White House press secretary […]
DXC Technology Co. DXC, +5.53% confirmed Tuesday that it has been approached by a “financial sponsor” about a potential acquisition. The technology consulting and outsourcing services company, with a market capitalization of $6.54 billion, did not provide any details about the potential buyer or the potential value of the deal. “Consistent with its fiduciary responsibility […]
Gold futures ended Tuesday at a roughly three-week high, while silver saw prices settled at their highest since late June. If U.S. Treasury yields have “peaked near term along with the dollar, gold and silver can both extend gains and claw back some of the recent losses,” analysts at Sevens Report Research wrote in Tuesday’s […]
• GBPJPY reversed from support level 156.00 • Likely to rise to resistance level 168.00 GBPJPY currency pair recently reversed up from the key support level 156.00 (lower boundary of the sideways price range inside which the pair has been trading from April). The upward reversal from the support level 156.00 started the active medium-term […]