Latest Market News
All three major U.S. stock benchmarks closed lower Wednesday, with Dow Jones Industrial Average booking a fifth straight day of losses, as investors parsed fresh inflation data showing the annual pace slowed less than expected. The Dow Jones Industrial Average DJIA, -1.02% closed down about 1%, while the S&P 500 SPX, -1.65% fell about 1.6% […]
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. 6635 Total views 33 Total shares The VeChain Foundation has released its financial report for Q1 2022, showing that the project amassed an impressive $1.2 billion war chest but only spent […]
Shares of Rivian Automotive Inc. RIVN, -9.27% tumbled 12.0% in afternoon trading toward a record low, following Ford Motor Co.’s F, -3.97% disclosure that it sold more than $200 million worth of the electric vehicle maker’s stock. Ford’s share sale came after the lockup agreement in Rivian’s initial public offering expired on Sunday. Meanwhile, ecommerce […]
EURUSD has fixed within a sideways range while waiting for important news. The major currency pair is consolidating inside the range not far from the lows. The current quote for the instrument is 1.0568. Investors are still analysing the US Fed’s actions and predicting its future moves. It’s been a week since the regulator’s latest […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may re-test Tenkan-Sen and Kijun-Sen at 1.2385 and then resume moving downwards to reach 1.1965 Another signal in favour of a […]
US CPI Up NextThe key data focus today will be the release of US CPI for April. The release is drawing plenty of attention given that headline inflation is expected to have grown just 0.2% last month, from the prior month’s 1.2% surge. There’s been lots of talk about inflation plateauing in the US and, […]