Mounting recession concerns drag equities lower

US benchmark indexes were on course to close lower Friday amid growing concerns that the Federal Reserve’s hawkish policy stance could push the econ...

December 16, 2022, 8:59 pm

Bad data leads to bad decisions

It was a busy week and one of the things I missed was a report from the Philad...

December 16, 2022, 8:16 pm

Citi, revlon lenders reach deal over $500 mln accidental payment

Citigroup Inc (C.N) reached an agreement with all 10 Revlon Inc (REVRQ.PK) lenders it mistakenly paid about $5...

December 16, 2022, 8:00 pm

What to watch on alibaba, amazon and nio as the stocks form this trading pattern - alibaba group holding (nyse:baba), nio (nyse:nio), amazon.com (nasdaq:amzn)

Alibaba Group Holdings Ltd - ADR BABA and Nio Inc - ADR NIO were trading near to flat on Friday, holding up comparatively well to the general market,...

December 16, 2022, 4:03 pm

S&p 500, nasdaq, dow jones forecast for the week ahead

Bears made a noticeable re-appearance this week with a steely focus on 2023 price action, but will bears make a push into the end of the year or wait ...

December 16, 2022, 3:30 pm

Goldman sachs could execute a sizable job cut in january

Goldman Sachs Group Inc (NYSE: GS) is in focus this morning after a CNBC report said the Wall Street bank plans on lowering its global headcount by up...

December 16, 2022, 2:56 pm

Thanks powell! the spy plunges again after fed crashes wall street's party: when will it bounce?

The SPDR S&P 500 SPY was tumbling again on Friday after Federal Reserve Chair Jerome Powell crashed th...

December 16, 2022, 2:46 pm

Us equities slump at the open as the market weighs hawkish global central banks

Stock markets are showing a bit of gumption in very early trading. Futures were significantly lower but the cash market is holding steady with the ...

December 16, 2022, 2:34 pm

Top-performing broad foreign etfs of 2022

This has been a terrible year for global markets. Still, some ETFs breezed past the S&P 500....

December 16, 2022, 2:18 pm

Apple is a top pick for 2023, analyst says. look past recent struggles.

Shares have tumbled 23% so far in 2022, steeper than the S&P 500's 18% drop....

December 16, 2022, 10:41 am

Bank of america: the market is fearful again - be greedy now

BAC has fallen steeply since we downgraded it, as it underperformed the S&P 500 significantly. Is the s...

December 16, 2022, 10:22 am

Accenture: rapid digital growth and outstanding execution

Accenture is a global consulting company which works with over 75% of the Fortune 500. The company reported strong financial results for Q4 FY22, beat...

December 16, 2022, 10:06 am

Varying bank outlooks could highlight ryf utility

Considering that the Federal Reserve raised interest rates seven times this year, rate-sensitive financial services stocks disappointed investors, as ...

December 16, 2022, 10:03 am

Ciena's (cien) coherent optical technology used by dedicado

Ciena's (CIEN) 6500 Packet-Optical Platform powered by WL5e is used by Dedicado to support the rising d...

December 16, 2022, 9:47 am

Infinity stone ventures closes financing round to fund development on its canadian critical energy metals portfolio

Infinity Stone Ventures Corp (CSE:GEMS) said it has closed a new fundraising round designed to advance work on its critical energy metals portfolio i...

December 16, 2022, 9:31 am

Dollar steadies as risk selloff starts up again

Haven flows are helping to underpin the dollar and yen in European morning trade, as risk sentiment turns more ...

December 16, 2022, 8:54 am

Equities dip lower to start the session

S&P 500 futures are down 23 points, or 0.6%, currently as the se...

December 16, 2022, 8:23 am

France december flash services pmi 48.1 vs 49.1 expected

• Prior 49.3
• Manufacturing PMI 48.9 vs 48.2 expected
• Prior 48.3
• Composite PMI 48.0 vs 48.9 expected
• Prior 48.7...

  December 16, 2022, 8:15 am

A sluggish open for european equities

• Eurostoxx flat
• Germany DAX +0.1%
• France CAC 40 -0.1%
• UK FTSE flat
• Spain IBEX -0.5%

...

December 16, 2022, 8:05 am

Nas 100 breaks major support

The Nasdaq 100 plunged as global central banks’ hawkishness rattled investors. The choppy price action was due to multiple catalysts this week and l...

December 16, 2022, 8:04 am