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Sector Update: Financial
Sector Update: Financial
Apr 1, 2025
01:40 PM EDT, 04/01/2025 (MT Newswires) -- Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%. The Philadelphia Housing Index was easing 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.6%. Bitcoin (BTC-USD) was increasing 2.3% to $85 203, and...
US Equity Indexes Mixed Ahead of New Slate of Trump Tariffs
US Equity Indexes Mixed Ahead of New Slate of Trump Tariffs
Apr 1, 2025
12:40 PM EDT, 04/01/2025 (MT Newswires) -- US equity indexes were mixed midday Tuesday, with communication services and consumer discretionary sectors emerging as top gainers, a day before the Trump administration announces a new slate of reciprocal tariff. The Nasdaq Composite rose 0.9% to 17,460.2, with the S&P 500 0.5% up at 5,637.4 and the Dow Jones Industrial Average 0.2%...
US STOCKS-Wall Street bounces back as investors await Trump tariffs
US STOCKS-Wall Street bounces back as investors await Trump tariffs
Apr 1, 2025
* Indexes up: Dow 0.1%, S&P 500 up 0.4%, Nasdaq up 0.9% * PVH rises after upbeat annual forecast * J&J falls after judge rejects $10 bln baby powder settlement (Updates with early afternoon prices) By Sruthi Shankar and Pranav Kashyap April 1 (Reuters) - U.S. stock indexes bounced off session lows on Tuesday, helped by gains in heavyweight technology...
TSX up 127 Points at Midday, Led by Gains in Info Tech, Utilities
TSX up 127 Points at Midday, Led by Gains in Info Tech, Utilities
Apr 1, 2025
12:17 PM EDT, 04/01/2025 (MT Newswires) -- The Toronto Stock Exchange, which opened lower on Tuesday, is now up 127 points at midday with most sectors higher. Info tech and utilities, up 1.3% and 1%, respectively, are the biggest gainers. Telecoms, down 1.2%, is the biggest decliner. Market focus is on President Trump, who will unveil his tariff plans at...
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Equitrans boosts cost estimate for Mountain Valley natgas pipe
Equitrans boosts cost estimate for Mountain Valley natgas pipe
Apr 30, 2024
April 30 (Reuters) - Equitrans Midstream Corp ( ETRN ) said on Tuesday it expects to complete the construction and final commissioning activities on its Mountain Valley natural gas pipeline by the end of May at an estimated cost of $7.85 billion. That is higher than the $7.57 billion to $7.63 billion cost estimate the company gave in February. Equitrans...
MPLX Q1 Net Income, Revenue Rise
MPLX Q1 Net Income, Revenue Rise
Apr 30, 2024
08:42 AM EDT, 04/30/2024 (MT Newswires) -- MPLX LP ( MPLX ) reported Q1 net income Tuesday of $0.98 per diluted unit, up from $0.91 a year earlier. Analysts polled by Capital IQ expected $0.96. Revenue and other income for the quarter ended March 31 was $2.85 billion, up from $2.71 billion a year earlier. Four analysts surveyed by Capital...
Air Products and Chemicals Fiscal Q2 Adjusted Earnings Rise, Sales Fall; Sets Fiscal Q3 Adjusted EPS Outlook
Air Products and Chemicals Fiscal Q2 Adjusted Earnings Rise, Sales Fall; Sets Fiscal Q3 Adjusted EPS Outlook
Apr 30, 2024
08:44 AM EDT, 04/30/2024 (MT Newswires) -- Air Products and Chemicals ( APD ) reported fiscal Q2 adjusted earnings Tuesday of $2.85 per diluted share, up from $2.74 a year earlier. Analysts polled by Capital IQ expected $2.70. Sales for the quarter ended March 31 were $2.93 billion, down from $3.20 billion a year earlier. Analysts surveyed by Capital IQ...
--Street Color: Sysco Names CEO Kevin Hourican Chair
--Street Color: Sysco Names CEO Kevin Hourican Chair
Apr 30, 2024
08:45 AM EDT, 04/30/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 75.68, Change: -1.54, Percent...
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Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
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