Latest Market News
BTRS Holdings Inc. BTRS, +60.23% announced Wednesday an agreement to be acquired in a deal valued at $1.7 billion by private-equity fund EQT X fund, which is part of EQT. BTRS’s stock was halted for news until 9: 50 a.m. Eastern. Under terms of the deal, shareholders of the accounts receivable automation and payments company, […]
President Joe Biden on Wednesday said oil companies should not use Hurricane Ian as “an excuse to raise gasoline RB00, +2.26% prices,” as the storm was expected to make landfall north of Fort Myers, Fla., on Wednesday morning or early afternoon. “Do not — let me repeat, do not — do not use this an […]
The Energy Information Administration on Wednesday reported that U.S. crude inventories edged up by 200,000 barrels for the week ended Sept. 23. That was less than the average forecasted climb of 400,000 barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also reported weekly inventory declines of 2.4 million barrels for […]
Top White House economic adviser Brian Deese said Tuesday night that he doesn’t expect a deal like the Plaza Accord, which was a 1985 agreement among finance ministers to jointly guide the dollar DXY, -0.36% lower. “I don’t anticipate that that’s where we’re headed,” Deese said at an Economic Club of Washington, D.C., event, according […]
U.S stocks opened mixed Wednesday, as Treasury yields fell and investors weighed the Bank of England’s surprise announcement that it’s buying bonds to help restore orderly market conditions. The Dow Jones Industrial Average DJIA, +0.84% was up 0.2% soon after the opening bell, while the S&P 500 SPX, +0.92% gained 0.1% and the Nasdaq Composite […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the support area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 0.9575 and then resume moving downwards to reach 0.9285. Another signal in favour of a further downtrend will be a […]