Latest Market News

There is no sign of panic selling activity, despite the stock market’s biggest drop off in seven weeks, according to the Arms Index that tracks market internals. The Arms is a volume-weighted breadth measure that tends to rise above 1.000 during market declines and fell below 1.000 during rallies. Many Arms followers believe readings above […]

Value Line Inc. VALU, -19.19% said Friday it will raise its quarterly dividend by 13.6%, to 25 cents a share from 22 cents. The investment research provider’s new dividend will be payable May 11 to shareholders of record on May 2. Based on current stock prices, the new annual dividend rate implies a dividend yield […]

Another week comes to a close for traders and it’s been nice for many to get back into the swing of things following the Easter break. In terms of market action it’s been a funny old week indeed. The main theme over the first half of the week was the sharp weakening in JPY which […]

CIBCFX FlowsJapanese Finance Minister Suzuki told reporters that he had discussed the recent rapid decline of the YEN with Treasury Sec Yellen. Both agreed to communicate closely on currency moves. He can’t comment on possibility of intervention. $YEN moved little higher but very cautiously. Annual inflation rose 1.2% in March, many economists said CPI likely […]

Gold futures fell Friday, down a fourth straight session, to post a loss of 2.1% for the week, according to Dow Jones Market Data. Prices fell “agonisingly short of $2,000 an ounce earlier this week, before slipping back,” said Michael Hewson, chief market analyst at CMC Markets UK. They finished the week lower, as another […]

Oil futures settled lower on Friday, contributing to a loss for the week. Market bears are concerned that “oil demand may not persist amidst the cloudy macro-economic environment,” said Manish Raj, chief financial officer at Velandera Energy Partners. “On the one hand we have [a] potential GDP slowdown due to rising interest rates and on […]