Latest Market News
Wendy’s Co. WEN, -2.11% was downgraded to market perform from outperform at BMO Capital Markets, with analysts expressing concern that the burger chain’s breakfast business won’t reach the levels the company has guided for. BMO cut its price target to $22 from $28. Wendy’s launched its latest breakfast menu in 2020, and said during its […]
Type: Bearish DipKey Levels:Resistance: 2421.0Pivot: 2396.0Support: 2302.0Preferred Case:We see the potential for a bearish dip from our pivot level at 2396.0 in line with 127.2% Fibonacci extension towards our 1st support level at 2302.0 in line with 61.8% Fibonacci projection.Alternative Scenario:Alternatively, price may break our pivot structure and head for 1st resistance at 2421.0 in […]
All of the Big 3 stock market indexes are rising, but market internals suggest the stock market is actually falling. Stocks losing ground is outnumbering advancers 1,730 to 1,380 on the NYSE and 2,780 to 1,563 on the Nasdaq exchange. And volume of declining stocks represents 52.2% of total volume on the Big Board and […]
All three major stock benchmarks ended with small losses Monday, after a choppy trading session, as investors braced for companies’ earnings season for the first quarter to move into full swing this week. The Dow Jones Industrial Average DJIA, -0.11% closed down 0.1% while the S&P 500 SPX, -0.02% dipped less than 0.1% and the […]
The company appears to have abruptly terminated the ATRI token partnership, but indicated that it still sees a bright future for blockchain related ventures within the company. 1238 Total views 30 Total shares In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with […]
The U.S. is considering more sanctions on Russia over its invasion of Ukraine, White House press secretary Jen Psaki said Monday. “We are continuing to review and consider additional sanctions,” Psaki told reporters at a regular briefing. “You will see us continue to expand our sanctions targets,” she said. The U.S. has slapped numerous sanctions […]