Latest Market News
Blue Apron Holdings Inc. APRN, -10.47% announced Thursday afternoon that Chief Financial Officer Randy Greben would be stepping down to take on a position with another company. He plans to leave the Blue Apron role Oct. 17. Mitchell Cohen will take on the position of interim chief financial officer at the meal-kit company when Greben […]
U.S. stocks tumbled on Thursday to end sharply lower, with the S&P 500 posting its worst daily decline since mid-September. The Dow Jones Industrial Average DJIA, -1.54% shed about 1.5%, or roughly 457 points, ending near 29,226, after falling more than 600 points at the session’s low. The S&P 500 index SPX, -2.11% closed down […]
EURUSD, “Euro vs US Dollar” After completing another descending wave at 0.9535 along with the correctional structure up to 0.9727, EURUSD is forming a new descending structure to break 0.9575. Later, the market may continue trading downwards with the target at 0.9408. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the correction up […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, USDCHF is trading within the “overbought area”. The Relative Strength Index is heading towards 30 and is currently testing the support line, a breakout of which might signal a further downtrend. In this case, the pair is expected to break 8/8 (0.9765) and then continue […]
The Securities and Exchange Commission charged Barclays PLC for the sale of $17.7 billion in unregistered securities, the regulator said Thursday. “This case highlights why it is essential for firms like Barclays BCS, -2.70% to have robust internal controls over their offers and sales of securities,” said Gurbir S. Grewal, director of the SEC’s Division […]
Oil futures finished lower Thursday as concerns over production disruptions from Hurricane Ian eased, but prices held ground above $80 a barrel following a 4.7% gain in the previous session. “The overall dynamic for crude remains largely unchanged,” said Robbie Fraser, global research and analytics manager at Schneider Electric. “Recession fears continue to weigh on […]