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U.S. stock indexes traded higher in the final hour of trading on Wednesday with Dow DJIA, +1.88% climbing over 550 points and S&P 500 SPX, +1.97% attempting to snap its longest losing streak since February 2020. The Dow Jones Industrial Average advanced by 2% and the S&P 500 gained 2.1%, while the Nasdaq Composite COMP, […]

Oil futures rallied on Wednesday, with U.S. prices settling above $80 a barrel for the first time in nearly a week as Hurricane Ian led to a slowdown in production in the Gulf of Mexico. The Bureau of Safety and Environmental Enforcement reported Wednesday that in response to the storm, 9.12% of oil production and […]

President Joe Biden had a recently deceased congresswoman at “top of mind” when he called out for her at an event on Wednesday, White House spokeswoman Karine Jean-Pierre said. While giving opening remarks at a conference on hunger and nutrition, Biden asked, “Jackie, are you here? Where’s Jackie,” referring to the late Rep. Jackie Walorski, […]

Lions Gate Entertainment Corp. LGF.B, -1.61% said Wednesday it’s now focusing on spinning off its studio business, instead of its Starz cable channel. In a regulatory filing, the company said it remains on a path to separating the two. “As negotiations progress, we have increased our focus on the possibility of spinning our studio business, […]

• CHFJPY rising inside impulse wave (3) • Likely to test resistance level 148.00 CHFJPY rising inside the intermediate impulse wave (3), which started earlier from the key support level 144.00 (former monthly high from June), intersecting with the daily up channel from May. The active impulse wave (3) belongs to the higher order primary […]

• USDCHF under bearish pressure • Likely to fall to support level 0.9700 USDCHF currency pair under the bearish pressure after the pair reversed down from the pivotal resistance level 0.9885 (which has been reversing the pair from the middle of July), upper daily Bollinger Band and the resistance trendline of the daily up channel […]