In individual corporate news, Oracle stock price increased by 6% in after-hours trading after the software maker reported Q1 earnings and revenue that beat analysts’ forecasts...
US equities will likely end the week lower despite Wednesday rebound, as tech stocks haven’t extended their recovery. Wall Street tumbled again on Thursday, though at a moderate pace compared to the latest slump...
While investors expected a rebound in equities to come sooner than later, the way US stocks bounced back was surprising, with the three benchmark indexes showing the best single-day gains in months...
In the commodity market, oil prices can’t find their support as investors concerned about a second wave of the pandemic. Brent has dropped 0.53% to break below $40 for the first time since June. WTI futures are down 0.65% to $36.52...
US stock futures showed some signs of recovery on Monday, but as the markets opened the week on Tuesday, the benchmark indexes plunged further into correction territory. Nasdaq was the worst performer as tech stocks dragged the index down. It fell 4...
In the commodity market, oil prices continue to decline to update their lowest levels since the beginning of July. Prices are responding to increased worries that the potential increase in coronavirus cases could further damage demand for crude...
The US stock market was closed on Monday, but the futures on the benchmark indexes are pointing to recovery attempts, except for Nasdaq. Last week, US equities saw their worst decline in over five months, slashing gains accumulated over the previous five weeks...
In the commodity market, gold is slightly increasing amid mixed import and export data from China. Also, despite the positive nonfarm payrolls report, the US economic data was mixed last week, prompting fears that the recovery might not be as sustainable as expected. The metal is now up 0...
US futures continue to flash red in early trading on Monday, as equities are faced with a valiant attempt to recoup the losses of last week...
At the time of writing, Japan’s Nikkei 225 is down 1.21% after surging on Thursday. Chief Cabinet Secretary Yoshihide Suga has the most chances to succeed Shinzo Abe as prime minister, according to recent polls. China’s Shanghai Composite has dropped 1...
The US stock market has persisted within the overbought territory for too long, as bulls became too strong and went all in too soon. As a result, equities have crashed on Thursday, dragged down by a slump in tech stocks...
In the commodity market, oil prices hover over multi-week lows as investors are worried about decreasing demand as the recovery from the pandemic is not convincing. At the time of writing, WTI is down 0.17% while Brent has lost 0.29...
In the commodity market, gold is retreating as the US dollar is leveraging the US manufacturing data. On Monday, gold rose to the highest since mid-August as the greenback dropped to the lowest in years...
Traditionally, September has been the worst month of the year for the US stock market, but the current rally doesn’t seem to fade as of today. The S&P 500 (+0.75%) and Nasdaq (+1.39%) improved their record highs on Tuesday, driven by tech stocks...
In the commodity market, gold is surging amid a weakening US dollar. The metal is now up 0.81% to $1,994.55...
US stock indices took different routes on Monday, but the general vibe is bullish since equities had their best month in over three decades. S&P 500 (-0.22%) and Dow Jones (-0.78%) have lost ground, while Nasdaq (+0.68) continued the rally driven by Apple and Tesla...
The US stock market rally is about to continue on Monday, judging by the bullishness seen in the futures market. Dow and S&P 500 futures are up about 0.50% while NASDAQ futures have gained almost 0.80% so far. Investors are all in amid the Fed’s dovishness...
Japan’s Nikkei 225 has surged 1.42%. The index fell last Friday after Prime Minister Shinzo Abe's resignation caused uncertainty over the next fiscal and monetary stimulus moves...