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Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
May 29, 2024
Nvidia (NVDA), Nasdaq 100, US Dollar Charts and Analysis Nvidia now worth USD2.8 trillion after latest rally.US dollar and gold tread water ahead of Friday’s Core PCE release. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar Nvidia's stock surged by 7% overnight as the AI chip behemoth...
Yen tries to recoup from four-week trough amid brisk developments in Japanese yields
Yen tries to recoup from four-week trough amid brisk developments in Japanese yields
May 29, 2024
Yen rose in Asian trade on Thursday against a basket of major rivals, on track for the first profit in three sessions against the US dollar amid attempts to move away from four-week lows. The gains came as Japanese 10-year treasury yields spike to 13-year highs, underpinning the yen. The Price The USD/JPY pair fell 0.25% to 157.26, with a...
Euro moves in a negative zone ahead of German inflation data
Euro moves in a negative zone ahead of German inflation data
May 29, 2024
Euro fell in European trade on Wednesday against a basket of major rivals while moving away from two-week highs against the dollar on profit-taking as investors shun risks ahead of major German inflation data. Such data will provide important clues on the mainline inflation direction in the whole eurozone, which in turn would help determine the likely path ahead for...
Aussie gains ground after hot Australiann inflation data
Aussie gains ground after hot Australiann inflation data
May 28, 2024
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, resuming gains following hot inflation data. Such data heaped pressure on the RBAs policymakers, and hurt the odds of Australian rate cuts this year. The Price The AUD/USD rose 0.3% today to 0.6666, with a session-low at 0.6639. The pair lost 0.1% on Tuesday, the...
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Sector Update: Health Care Stocks Mixed Premarket Wednesday
Sector Update: Health Care Stocks Mixed Premarket Wednesday
Oct 15, 2025
09:14 AM EDT, 10/15/2025 (MT Newswires) -- Health care stocks were mixed premarket Wednesday, with the Health Care Select Sector SPDR Fund ( XLV ) down 0.3% and the iShares Biotechnology ETF (IBB) 0.7% higher. Abbott Laboratories ( ABT ) shares were down nearly 4% after the company reported Q3 net sales that missed analysts' estimates and cut the top...
Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Oct 15, 2025
09:21 AM EDT, 10/15/2025 (MT Newswires) -- Energy stocks were advancing pre-bell Wednesday, with the Energy Select Sector SPDR Fund ( XLE ) 0.9% higher. The United States Oil Fund ( USO ) was up 1.2% and the United States Natural Gas Fund ( UNG ) was 1% lower. Front-month US West Texas Intermediate crude oil was 0.9% higher at...
Sector Update: Financial Stocks Edge Higher Premarket Wednesday
Sector Update: Financial Stocks Edge Higher Premarket Wednesday
Oct 15, 2025
09:17 AM EDT, 10/15/2025 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.7%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.8% lower. Bank of America ( BAC )...
Sector Update: Energy
Sector Update: Energy
Oct 15, 2025
09:06 AM EDT, 10/15/2025 (MT Newswires) -- Energy stocks were advancing pre-bell Wednesday, with the Energy Select Sector SPDR Fund (XLE) 0.9% higher. The United States Oil Fund (USO) was up 1.1% and the United States Natural Gas Fund (UNG) was 1.4% lower. Front-month US West Texas Intermediate crude oil was 1.1% higher at $59.34 per barrel at the New...
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Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Mar 22, 2024
March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
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Bullish? USDC Stablecoin Hits One
Bullish? USDC Stablecoin Hits One
Jun 26, 2024
Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity. As such, USDCs recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks. USDC Deposits Surge According to IntoTheBlocks Head of Research, Lucan Outumuros latest findings,...
Ethereum ETFs To Haul $15 Billion Within 18 Months, Bitwise Predicts
Ethereum ETFs To Haul $15 Billion Within 18 Months, Bitwise Predicts
Jun 26, 2024
Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped drive BTC to new all-time...
Somebody Sent Julian Assange $500,000 In Bitcoin – Who Was It?
Somebody Sent Julian Assange $500,000 In Bitcoin – Who Was It?
Jun 26, 2024
Julian Assange’s Bitcoin wallet received $500,000 worth of Bitcoin from a mystery donor on Tuesday, on-chain data shows. The donation follows the whistleblower’s release from the United Kingdom’s high-security Belmarsh prison on Monday, after reaching a plea deal with U.S. authorities following five years behind bars. Bitcoin Brings Assange Home According to blockchain data, a donation of 8.2 BTC ($492,254)...
FTX Update: Creditors to Vote on Cash or Crypto Repayment Plan
FTX Update: Creditors to Vote on Cash or Crypto Repayment Plan
Jun 26, 2024
Creditors of the bankrupt cryptocurrency exchange FTX are now faced with the option of receiving their assets in cash or crypto. A filing in the United States Bankruptcy Court for the District of Delaware revealed that Judge John Dorsey had approved the solicitation packages and ballots needed for the exchange’s customers to communicate their preferences. The deadline for voting is...
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