Latest Market News
Shares of PG&E Corp. PCG, -5.37% dove 5.4% in afternoon trading Monday, after gas and electric utilities subsidiary Pacific Gas and Electric Company announced a total financial commitment $55 million as part of settlements of legal proceedings related to the 2019 Kincade Fire and the 2021 Dixie Fire. As part of the agreement, PG&E said […]
China CPI Surges AgainCPI data from the world’s second largest economy overnight showed that price pressures continued to grow last month. CPI was seen jumping 1.5% on the month, up from the prior 0.9% reading and well above the 1.1% result forecasted. Additionally, China headline PPI came in at 8.3%, beating expectations for an 8.1% […]
Type: Bullish BounceKey Levels:Resistance: 25.105Pivot: 24.850Support: 24.795Preferred Case:Prices are on bullish momentum. We see the potential for a bounce from our Pivot at 24.850 which is a graphical overlap towards our 1st resistance at 25.105 in line with 100% Fibonacci Projection . Prices are trading above our ichimoku clouds , further supporting our bullish bias.Alternative […]
President Joe Biden on Monday during a virtual meeting with Indian Prime Minister Narendra Modi made clear that he doesn’t believe it’s in India’s interests to accelerate or increase its imports of Russian energy and other commodities, White House press secretary Jen Psaki said. She declined to say whether Modi made a commitment to avoid […]
The Shark Tank star discussed Bitcoin, layer-1 cryptocurrencies and the future of crypto adoption in an exclusive interview with Cointelegraph. 4843 Total views 20 Total shares How does Bitcoin (BTC) mining incentivize green technology? What are the biggest barriers to crypto adoption among institutions? What’s next for stablecoin regulations? Cointelegraph business editor Sam Bourgi sat […]
The Dow Jones Transportation Average DJT, +0.39% bounced 97 points, or 0.7%, with 14 of 20 components gaining ground, to buck the selloff in the broader stock market. The rally comes after the Dow transports closed Friday at a six-month low, following a 13.4% plunge in eight days amid growing fears that rapidly deteriorating market […]