Morning wrap (02.12.2020)
US indices finished yesterday's session higher. S&P 500 gained 1.13%, Nasdaq jumped 1.28%, Dow Jones added 0.63% and Russell 2000 closed...
Market news
Macy's, the largest department store chain in the United States, faces mounting challenges as it navigates a critical turnaround effort amid accounting irregularities, activist pressure, and shifting consumer behavior. While the company's "Bold New Chapter" strategy shows early promise...
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The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing Wall Street analysts expectations. CEO of the company, Frank Lee commented results positively, as the company achieved sequential revenue growth...
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Oil: OPEC+ has postponed their production restoration timeline. The monthly production increase of 180,000 barrels will now begin from April next year, rather than the originally planned Q4 2024 The complete withdrawal of production cuts has been delayed by a year until the end of 2026 The...
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US indices finished yesterday's session higher. S&P 500 gained 1.13%, Nasdaq jumped 1.28%, Dow Jones added 0.63% and Russell 2000 closed...
Pfizer(PFE.US) and BioNTech (BNTX.US) requested regulatory clearance for their vaccine in Europe OECD sees brighter economic outlook Stocks in the...
Zoom Video (ZM.US) stock fell more than 13%, despite the fact that the communications technology company posted better-than-expected results for its third...
EURUSD - the pair managed to break above the 1.2000 level and is trading at the highest level since April 2018. This is mainly due to the weakness of the...
Oil: OPEC's decision to extend the larger production cut was postponed to Thursday, December 3 December 1 is a continuation of consultations,...
The Institute for Supply Management's (ISM) Manufacturing PMI in November declined 57.5 from 59.3 in the previous month. Today’s reading...
Pfizer(PFE.US) and BioNTech (BNTX.US) requested regulatory clearance for their vaccine in Europe S&P500 and Nasdaq hit record highs OECD sees...
Gold has been out of investors' grace as of late. However, a strong rebound can be spotted today. Gold price bounced off the lower limit of the downward...
European markets rally on Tuesday DE30 swings near 13,400 pts handle Munich Re expects to double profit in 2021 Stock market...
S&P 500 (US500) and Nasdaq (US100) futures managed to recover from yesterday's losses and both indices are closing in on all-time highs in early...
European markets seen opening higher Final PMI release from Europe ISM manufacturing data from the United States Fed Chair...
US indices finished yesterday's trading lower. S&P 500 dropped 0.46%, Dow Jones slipped 0.91%, Russell 2000 declined 1.97% and Nasdaq closed...
IMF warned that euro zone could see weaker growth in Q1 2021 Moderna's (MRNA.US) Covid-19 vaccine is 94.1% effective in final results OPEC...
Data giant S&P Global Inc (SPGI.US) shares rose more than 2.8% as it announced a $ 44 billion deal to buy IHS Markit Ltd (INFO.US), which provides...
Bitcoin investors had to wait nearly three years to celebrate a new all-time high. Today the most popular cryptocurrency traded as high as $19,786.24,...
Dow Jones nears best monthly gain since 1987 Nikola (NKLA.US) stocks slide 20% after updated deal with General Motors (GM.US) Moderna (MRNA.US)...
The value of building permits in Canada declined 14.6 % in October to CAD 8.2 billion, following an upwardly revised 18.6% gain in September but more ...
The long-awaited Ethereum protocol upgrade, also known as Serenity, will be officially launched on 1st December. New upgrade will transition the network...
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