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Dollar resumes gains ahead of US sentiment data
Dollar resumes gains ahead of US sentiment data
Jun 25, 2024
The US dollar rose in European trade on Tuesday, resuming gains and almost touching seven-week highs ahead of important US data on housing prices and consumer sentiment. The data will reveal important clues on the future path of US interest rates and monetary policy this year. The Price The dollar index rose 0.1% today to 105.59, with a session-low at...
Nvidia (NVDA) Technical Outlook – Further Losses or Short
Nvidia (NVDA) Technical Outlook – Further Losses or Short
Jun 25, 2024
Nvidia (NVDA) Technical Outlook Nvidia back below $3 trillion market capitalization.A technical chart gap may be a sign of further losses to come. Recommended by Nick Cawley Building Confidence in Trading Nvidia has shed nearly 16% of its market value in the last three trading sessions as sellers take control of the world’s largest chipmaker. Nvidia became the world’s largest...
Sterling prepares to trade above $1.27 as it regains footing
Sterling prepares to trade above $1.27 as it regains footing
Jun 25, 2024
Sterling rose in European trade on Tuesday for the second session against the dollar away from five-week lows, with the currency preparing to trade above $1.27. Current gains are expected to be short-term as sterling faces persistent political risks due to elections in the UK and France, while the Bank of England prepares to cut interest rates in August. The...
Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Jun 25, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow Jones at one-month high ​The index continues its strong performance, hitting its highest monthly level on Monday.​The 40,000 highs from April and May now loom large, and a close above these will take the price to new record highs. The price established a higher low at the end of...
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Sector Update: Financial
Sector Update: Financial
Mar 10, 2026
09:09 AM EST, 12/19/2025 (MT Newswires) -- Financial stocks were steady premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) inactive. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was slightly higher. Paychex ( PAYX ) stock was up more than 1% after...
Sector Update: Health Care
Sector Update: Health Care
Mar 10, 2026
08:58 AM EST, 12/19/2025 (MT Newswires) -- Health care stocks were mixed premarket Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) declining 0.1% and the iShares Biotechnology ETF (IBB) advancing by 0.1%. BioMarin Pharmaceutical ( BMRN ) has agreed to acquire Amicus Therapeutics ( FOLD ) for $14.50 per share in cash, or a total equity...
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday Amid Economic Data Releases
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday Amid Economic Data Releases
Mar 10, 2026
08:59 AM EST, 12/19/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.3% higher in Friday's premarket activity amid a data-filled week that buoys hopes of more rate cuts. US stock futures were mixed, with S&P 500 Index futures down...
Sector Update: Tech Stocks Advance Premarket Friday
Sector Update: Tech Stocks Advance Premarket Friday
Mar 10, 2026
09:14 AM EST, 12/19/2025 (MT Newswires) -- Technology stocks were advancing premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.5% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 0.9%. Oracle (ORCL), Silver Lake, and MGX have signed deals with ByteDance's TikTok to form a new US joint venture overseeing the American...
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UK chip parts supplier Morgan Advanced flags revenue hit as trade tariff woes hit demand
UK chip parts supplier Morgan Advanced flags revenue hit as trade tariff woes hit demand
Feb 28, 2025
(Reuters) - Semiconductor parts supplier Morgan Advanced Materials on Friday forecast a drop in organic revenue this year due to uncertain demand, sparked, in part, by U.S. President Donald Trump's tariff threats. The company -- which has manufacturing plants in the U.S. as well as in Trump's key tariff targets of Mexico, Canada and China -- said it was prepared...
Lenovo wins appeal in UK fight with Ericsson over interim patent licence
Lenovo wins appeal in UK fight with Ericsson over interim patent licence
Feb 28, 2025
LONDON (Reuters) - Lenovo ( LNVGF ) on Friday won an appeal in Britain in its attempt to get an interim licence to use Ericsson's patents, in the latest ruling in the companies' global licensing dispute over 5G wireless technology. Lenovo ( LNVGF ) sued Ericsson at London's High Court in 2023, one of several cases brought by Lenovo (...
Brazil's Totvs exits competitive process to buy StoneCo's Linx
Brazil's Totvs exits competitive process to buy StoneCo's Linx
Feb 27, 2025
SAO PAULO, Feb 27 (Reuters) - Brazilian software company Totvs said on Thursday it has decided to withdraw from the competitive process to buy StoneCo's ( STNE ) unit Linx, according to a securities filing. Totvs did not provide further details on the decision. ...
Belgium's Proximus to consider internal and external CEO candidates, earnings upbeat
Belgium's Proximus to consider internal and external CEO candidates, earnings upbeat
Feb 28, 2025
Feb 28 (Reuters) - Belgian telecoms group Proximus said on Friday it will consider internal and external candidates for its next CEO and that interim leadership will be decided by the board soon. Earlier this month, current head Guillaume Boutin unexpectedly announced his departure to join Vodafone ( VOD ) and lead its investments and strategy arm. The former phone...
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Judge blocks 'disturbing' Trump executive order against law firm Jenner & Block
Judge blocks 'disturbing' Trump executive order against law firm Jenner & Block
Mar 28, 2025
(Reuters) -A U.S. judge temporarily blocked key parts of Donald Trump's executive order targeting law firm Jenner & Block on Friday - calling parts of it reprehensible and disturbing - even as another firm, Skadden Arps, reached a deal with the Republican president to avoid a similar directive. Washington-based U.S. District Judge John Bates during a hearing in a lawsuit...
Trump pardons BitMEX co-founders, White House official says
Trump pardons BitMEX co-founders, White House official says
Mar 28, 2025
March 28 (Reuters) - U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said on Friday. In addition, former employee Gregory Dwyer and an entity owning and operating the crypto exchange received full and unconditional pardons, BitMEX confirmed in an emailed statement to Reuters. CNBC was the first to report that on...
Musk's xAI buys Musk's X social media platform for $33 billion
Musk's xAI buys Musk's X social media platform for $33 billion
Mar 28, 2025
(Reuters) -Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train...
Trump pardons BitMEX co-founders, White House official says
Trump pardons BitMEX co-founders, White House official says
Mar 28, 2025
(Reuters) -U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said on Friday. In addition, former employee Gregory Dwyer and an entity owning and operating the crypto exchange received full and unconditional pardons, BitMEX confirmed in an emailed statement to Reuters. CNBC was the first to report that on Thursday, Trump granted...
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