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US Dollar Slumps After NFPs Miss Expectations, US Equities Bid
US Dollar Slumps After NFPs Miss Expectations, US Equities Bid
May 4, 2024
US Dollar Slumps After NFPs Miss Expectations, US Equities Bid US NFPs print at 175k vs. forecasts of 243k.US dollar slumps as rate cut expectations improve. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar The latest US Jobs Report showed hiring slowed in April with just 175k...
Dollar hovers near three-week trough as US yields taper off
Dollar hovers near three-week trough as US yields taper off
May 6, 2024
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the fourth straight session and approaching three-week lows as US 10-year treasury yields declined. Recent disappointing US labor data boosted the odds of two Fed interest rate cuts this year and in turn hurt the standing of the dollar. The odds of US interest...
Yen extends losses as intervention momentum from Japanese authorities fades
Yen extends losses as intervention momentum from Japanese authorities fades
May 6, 2024
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a row against the dollar away from three-week highs amid active profit-taking, while intervention momentum from Japanese authorities faded. Traders are focusing back on the fundamentals, with the stark interest rate differences between the US and Japan coming to the forefront once...
​​​​​FTSE 100 Keeps Hitting New Records, while Dow and Nasdaq 100 Continue to Gain
​​​​​FTSE 100 Keeps Hitting New Records, while Dow and Nasdaq 100 Continue to Gain
May 7, 2024
FTSE 100, Dow Jones 30, Nasdaq 100 - Analysis and Charts ​​​FTSE 100 rallies above 8300 ​The index’s huge gains have continued, and the previous week saw the price hit new records. ​Further gains carry the price to new record highs, but with the price now significantly overextended from the 50-day simple moving average (SMA) by almost 5%, some near-term...
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Sector Update: Tech Stocks Edge Higher Premarket Wednesday
Sector Update: Tech Stocks Edge Higher Premarket Wednesday
Jul 30, 2025
09:11 AM EDT, 07/30/2025 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was up 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) was recently advancing by 2.1%. Palo Alto Networks ( PANW ) agreed to acquire CyberArk Software ( CYBR ) in a cash-and-stock transaction that represents an...
Sector Update: Financial
Sector Update: Financial
Jul 30, 2025
09:02 AM EDT, 07/30/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) down 0.1% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.2%. HSBC ( HSBC ) stock was down more than 3%...
Sector Update: Energy
Sector Update: Energy
Jul 30, 2025
09:08 AM EDT, 07/30/2025 (MT Newswires) -- Energy stocks were declining pre-bell Wednesday as the Energy Select Sector SPDR Fund (XLE) was down 0.3% recently. The United States Oil Fund (USO) was 0.04% higher and the United States Natural Gas Fund (UNG) was down nearly 4%. Front-month US West Texas Intermediate crude oil was 0.4% higher at $69.47 per barrel...
Sector Update: Health Care
Sector Update: Health Care
Jul 30, 2025
09:00 AM EDT, 07/30/2025 (MT Newswires) -- Health care stocks were rising premarket Wednesday, with The Health Care Select Sector SPDR Fund (XLV) 0.4% higher and the iShares Biotechnology ETF (IBB) up 0.8%. Humana (HUM) shares were up more than 10% after the company raised its 2025 outlook. ...
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Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Jun 11, 2024
June 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Tuesday: ** KKR & Co ( KKR ) has agreed to buy a significant minority stake in Quick Quack Car Wash, the investment firm told Reuters and sources familiar with the deal said KKR would pay $850 million. ** Italian energy company Eni...
Altair Engineering Insider Sold Shares Worth $1,211,139, According to a Recent SEC Filing
Altair Engineering Insider Sold Shares Worth $1,211,139, According to a Recent SEC Filing
Jun 11, 2024
03:55 PM EDT, 06/11/2024 (MT Newswires) -- James Ralph Scapa, 10% Owner, Director, Chief Executive Officer, on June 10, 2024, sold 13,000 shares in Altair Engineering ( ALTR ) for $1,211,139. Following the Form 4 filing with the SEC, Scapa has control over a total of 135,238 shares of the company, with 134,045 shares held directly and 1,193 controlled indirectly....
Children's Place Leadership Changes Signal Positive Shift, Concerns Remain, UBS Says
Children's Place Leadership Changes Signal Positive Shift, Concerns Remain, UBS Says
Jun 11, 2024
04:01 PM EDT, 06/11/2024 (MT Newswires) -- Children's Place's (PLCE) recent changes suggest positive developments, UBS Securities said in a report emailed Tuesday. With new majority shareholder Mithaq, Chairman Turki S. AlRajhi (also CEO of Mithaq), and President/Interim CEO Muhammad Umair, there's a fresh leadership lineup, UBS said, adding that given their recent involvement, management's learning curve may be steep....
Family owners of Badia Spices explore $1.2 billion-plus sale, sources say
Family owners of Badia Spices explore $1.2 billion-plus sale, sources say
Jun 11, 2024
June 11 (Reuters) - The family behind Badia Spices is exploring a sale of the Hispanic food company that could value it at over $1.2 billion, including debt, according to sources familiar with the matter. The company is working with investment bank Raymond James to solicit acquisition offers, the sources said. It generates around $100 million in 12-month earnings before...
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Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)
Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)
May 31, 2024
Bitcoins price went on a volatile ride in the past 24 hours by dumping to $67,100 and later skyrocketing to almost $70,000 before it was stopped. The altcoins are with minor gains overnight, while Pepe has resumed its bullish trajectory with a 9% daily surge. BTCs Down and Up and Down Ride After a quiet weekend in which BTC stood...
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S
May 31, 2024
According to sources familiar with the matter, the SEC has instructed prospective issuers to submit amended S-1 forms by Friday, May 31st. This follows the approval of the 19b-4 forms on May 23, marking a significant milestone in the process. Spot Ethereum ETF Approval Progresses The recent approval of the 19b-4 forms marked a significant milestone, achieved through a last-minute...
BTC Price Consolidation Continues but All Signs Point to a Run Toward New ATH: Bitcoin Price Analysis
BTC Price Consolidation Continues but All Signs Point to a Run Toward New ATH: Bitcoin Price Analysis
May 31, 2024
Bitcoin’s price has been consolidating for almost 3 months now after making a new all-time high around the $74K mark. Since then, the asset has failed to produce a new peak, but a new rally might begin soon. Technical Analysis By TradingRage The Daily Chart Bitcoin’s price action has been choppy on the daily timeframe, as the market has been...
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
May 31, 2024
USD/JPY Analysis, Sentiment and Chart Japanese Yen Prices, Charts, and Analysis Tokyo CPI rises to 2.2% in May.USD/JPY traders wait for US inflation data. Recommended by Nick Cawley Get Your Free JPY Forecast Tokyo Inflation Report Signals Rising Price Pressures in May The latest Tokyo inflation report, widely regarded as a leading indicator for national inflation trends, reveals increasing price...
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