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Weekly market recap (19-23 june)

Monday: It was a US holiday, so it was a pretty dull trading day. We had again some ECB speakers talking about a rate hike in July and another one in ...

June 23, 2023, 4:09 pm

European equity close: five straight days of declines this week

Closing changes for the day:Stoxx 600 -0.3%German DAX -1.0%FTSE 100 -0.6%French CAC -0.6%Italy MIB -0.8%Spain IBEX -1.0%For the week:Stoxx 600 -2.9%Ge...

June 23, 2023, 3:47 pm

S&p index moves closer to its rising 100 hour moving average

The major US stock indices remain in the red and are moving back toward the lows for the day. For the S&P index, its low price today came in at 4343.6...

June 23, 2023, 3:37 pm

Weekly focus – hawkish surprise

Rates markets prepare for recession as yields curves inverted further this week. With a hawkish tilt to central bank decisions this week, Bank of Japa...

June 23, 2023, 2:48 pm

5 investors betting big on rivian (rivn) stock

Shares of Rivian (NASDAQ: RIVN ) stock have fallen by about 10% this week after the electric vehicle (EV) company confirmed that it acquired Iternio f...

June 23, 2023, 2:47 pm

Usd / cad – canadian dollar rally takes a time-out

Global risk sentiment turns negative. – Eurozone PMI data disappoints. – US dollar opens with gains-CAD outperforms. USDCAD snapshot: open 1.3196-...

June 23, 2023, 2:14 pm

5 etf strategies to follow in 2h23

Wall Street has been upbeat in the first half of 2023 despite a few occasional hiccups. However, the road ahead may not that smooth as the AI rally ma...

June 23, 2023, 2:09 pm

Russell indices will drop mullen (muln) stock today

It's an unfortunate day for fans of Mullen (NASDAQ: MULN ) stock, as the downtrodden electric vehicle (EV) maker is expected to be removed from the Ru...

June 23, 2023, 1:49 pm

Us drillers cut oil and gas rigs for eighth week in a row - baker hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since July 2020, energ...

June 23, 2023, 1:43 pm

Major us indices open lower. indices on tap for lower week.

Major US indices are opening lower as concerned about the central-bank hawkish policy and slower growth weigh on equity prices. The declines are led b...

June 23, 2023, 1:35 pm

Amazon has closed 9 of its go stores as part of a strategy overhaul. here's the full list.

Nine Amazon Go stores have closed so far this year in New York, San Francisco, and Seattle. The latest to clos...

June 23, 2023, 1:15 pm

Buy buy baby suitors lose interest in keeping stores open as auction nears

While Bed Bath & Beyond's Buy Buy Baby has a number of suitors circling its assets, interest has waned in keeping the chain's store footprint alive....

June 23, 2023, 12:50 pm

Pound sterling price news and forecast: gbp/usd growing recession fears fuel downside risk

After having spiked above 1.2800 with the knee-jerk reaction to the Bank of England’s (BoE) policy announcements, GPB/USD reversed its direction and...

June 23, 2023, 12:44 pm

Goldman sachs reportedly facing writedown on troubled $2.2b greensky deal

"One bidder said GreenSky is worth roughly $300 million, while another said it was worth closer to $500 million," according to the report....

June 23, 2023, 12:37 pm

Europe’s central banks continue to raise interest rates

By JustMarkets As the stock market closed yesterday, the Dow Jones Index (US30) decreased by 0.01%, while the S&P 500 Index (US500) added 0.37%. The N...

June 23, 2023, 11:48 am

Culp, inc. to webcast fourth quarter and fiscal 2023 conference call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fo...

June 23, 2023, 11:00 am

Fan: the wind energy slump appears to be over, time to tap in

The First Trust Global Wind Energy ETF offers targeted exposure to the wind energy industry and has shown significant growth amid market downturns, wi...

June 23, 2023, 10:40 am

Is the options market predicting a spike in imax (imax) stock?

Investors need to pay close attention to IMAX (IMAX) stock based on the movements in the options market...

June 23, 2023, 10:24 am

Investors heavily search paycom software, inc. (payc): here is what you need to know

Recently, Zacks.com users have been paying close attention to Paycom (PAYC). This makes it worthwhile t...

June 23, 2023, 10:24 am

Advanced micro devices, inc. (amd) is attracting investor attention: here is what you should know

Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worth...

June 23, 2023, 10:24 am


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