Nasdaq 100 rout intensifies At one point this morning the Nasdaq 100 was expected to open 1000 points lower in the cash session. The index has gapped lower, and is now trading below the 200-day SMA for the first time since March 2023. All gains since the beginning of May have been wiped out. April’s low around 17,000 is the...

EUR/USD Retail Sentiment Analysis Current Market Sentiment 48.19% of traders are net-long on EUR/USDThe ratio of short to long traders is 1.07 to 1Recent Changes: Net-long traders: 5.58% decrease since yesterday, 5.71% increase from last weekNet-short traders: 7.39% decrease since yesterday, 20.11% decrease from last weekAnalysis: The market is slightly bearish, with more traders shorting EUR/USD than going long.Typically, a...

Risk Aversion Sets in Signs of panic emerge via the VIX and well-known fear gaugeJapan posts a worrying start to the week for risk assetsWill the Fed be forced into front-loading the rate cutting cycle? Recommended by Richard Snow Signs of Panic Emerge via The VIX and a Well-Known Fear Gauge Fear Gauge Confirms Major Risk Off Move A well-known...

​​​FTSE 100 at two-month high ​The price has enjoyed a strong week, with further gains yesterday taking it to a two-month high after it broke higher at the end of last week.​The record high is in sight once more, and the uptrend is firmly in place. It would need a reversal back below 8200 to cancel out this view. FTSE...

12:25 PM EDT, 08/27/2024 (MT Newswires) -- US equity indexes and government bond yields traded mixed in midday trading Tuesday after a closely monitored consumer confidence gauge surprisingly increased. The S&P 500 and the Nasdaq Composite were fractionally changed at 5,620.9 and 17,736.6, respectively. The Dow Jones Industrial Average fell 0.2% to 41,173.7. Consumer discretionary, energy, and utilities led the...

(Reuters) - Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 were flat on Thursday, after AI-darling Nvidia's ( NVDA ) quarterly forecast failed to impress investors but a beat on both revenue and earnings expectations signaled resilient demand. Shares of the chip bellwether dropped nearly 5% in premarket trading after a largely in-line revenue forecast for the current...

NEW YORK, Aug 27 (Reuters) - U.S. Treasury yields rose on Tuesday, as investors assessed the likelihood that the U.S. economy will be able to avoid a recession and awaited a two-year note auction for signs of investor demand. The closely watched gap between yields on two- and 10-year Treasury notes, considered a gauge of growth expectations, reduced its inversion...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Q2 GDP second estimate, jobless claims data due at 8:30 a.m. ET * CrowdStrike ( CRWD ) slips on FY forecast cut after global tech outage * Salesforce ( CRM ) gains after upbeat quarterly results * Futures: Dow...

Brent Oil Price Analysis Expected Scenario Brent oil price managed to reach few pips away from our waited target at 82.40$, noticing that the price rebounds downwards clearly now, affected by stochastic negativity, to hint potential turn to decline on the intraday basis, to head towards visiting 80.08$ areas mainly. Therefore, the bearish bias will be expected today, noting that...

Wheat Price Analysis Expected Scenario The wheat price succeeded in achieving our awaited target at 629.20$ and surpassed it to close the daily candlestick below it, reinforcing the chances of continuing the domination of the bearish correction and opening the way to continue the decline in the upcoming sessions, targeting visiting 605.80$ as a next target. Therefore, the bearish trend...

Sugar Price Analysis Expected Scenario The sugar price ended yesterday with clear negativity, as it broke the 18.90$ level and settled below it, to fall under expected negative pressure in the upcoming sessions, targeting testing the 18.05$ level initially, noting that breaking this level will push the price towards 17.35$ as a next negative target. Therefore, the bearish bias will...

June 10 (Reuters) - Billionaire Elon Musk said on Monday he would ban Apple ( AAPL ) devices at his companies if the iPhone maker integrates OpenAI at the operating system level. That is an unacceptable security violation, Musk, who is the CEO of electric-vehicle maker Tesla and rocket maker SpaceX and owner of social media company X, said in...

The transfers were announced in two orders issued by the state's Home department on Friday evening and Saturday morning.

Bezos on Thursday accused American Media Inc (AMI), the Enquirer's owner, of trying to blackmail him with the threat of publishing "intimate photos" he allegedly sent to his girlfriend unless he said in public that the US tabloid's reporting on him was not politically motivated.

The US special representative for North Korea, Stephen Biegun, visited Pyongyang last week to work out details of the February 27-28 summit between President Donald Trump and North Korean leader Kim Jong Un.

Klobuchar said she would make a "big announcement" about her political plans at an event along the Mississippi River in Minneapolis.

NEW YORK, Sept 10 (Reuters) - Michigan's environmental agency on Tuesday issued a new air permit to Marathon Petroleum ( MPC ) covering emissions from its Detroit refinery, which will allow the refiner to boost crude throughput at the plant. In March, Marathon filed an application with the Michigan Department of Environment, Great Lakes, and Energy to run its refinery...

10:24 AM EDT, 09/11/2024 (MT Newswires) -- Designer Brands ( DBI ) shares slid over 16% in recent Wednesday trading after the company reported lower results for fiscal Q2 and cut its outlook for fiscal 2024. The company reported fiscal Q2 adjusted earnings of $0.29 per diluted share, down from $0.59 a year earlier. Three analysts polled by Capital IQ...

(Reuters) - The market for weight-loss treatments is expected to see 16 new drugs vying for a slice of the lucrative business currently dominated by Novo Nordisk and Eli Lilly ( LLY ), according to estimates from analysts at Morningstar and Pitchbook. In a joint report published on Monday, analysts estimated the market for obesity treatments could expand to $200...

09:08 AM EDT, 09/11/2024 (MT Newswires) -- Price: 69.65, Change: -0.69, Percent Change: -0.98 ...

Grayscales GBTC has dominated in the recent wave of outflows from US spot Bitcoin ETFs, which collectively recorded a total daily net outflow of $174.45 million on Monday. This marked a week of consecutive negative flows, with Grayscales GBTC alone accounting for $90 million of the outflows. No Inflows Across Spot Bitcoin ETFs Interestingly, BlackRocks IBIT did not record any...

The Crypto Fear and Greed Index, which measures market sentiment for Bitcoin and the broader cryptocurrency industry, has tanked to its lowest score in nearly 18 months. This development follows bitcoins drop below $60,000, reaching its lowest point since early May. Crypto Fear Greed Index Plummets The index fell 21 points on June 24, plunging into the Fear zone with...

Shiba Inu, alongside the rest of the cryptocurrency market, went through significant volatility during the past few days. The meme coin is currently down 3.6% on the week and is trading at around $0.00001734. As CryptoPotato reported earlier, SHIB made new lows following the latest decline. This has confirmed the ongoing negative sentiment, and the most imminent support lies at $0.000014....

Famous investor and author Robert Kiyosaki said on Monday that he was eagerly waiting to buy more Bitcoin after the asset’s price fell to $61,000 to start the day. This actually happened later on during the day, as BTC fell to a multi-month low of $58,500. But The Bitcoin Dip, Says Robert Kiyosaki The man behind the best-selling finance book...