[ad_1] Monthly options expiration was likely a factor in trading today but, in any case, the dip buyers returned and stocks mounted a solid comeback, led by value. S&P 500 flat Nasdaq Comp -0.2% Russell 2000 +0.8% DJIA +0.1% Toronto TSX Comp +0.1% On the week: S&P 500 -2.1% Nasdaq -2.6% DJIA -2.2% This was
[ad_1] There was no major news coming out of the Fed chatter. Most of the focus was on interest rates, and stocks. Bitcoin fell toward technical support. Crude oil prices rebounded off of low levels and closed higher on the day, but down on the week. On Friday, if you were to look at the
[ad_1] Excitement is rising as the UF AWARDS Global 2023 Nomination Round is quickly coming to an end. With so many financial and fintech industry leaders battling for global recognition, the competition is tight. Setting the standard of global excellence in the financial services industry, the UF AWARDS Global 2023 honour the achievements and sustained
[ad_1] Closing changes: Stoxx 600 -1.0% German DAX -0.9% UK FTSE 100 -1.2% French CAC -1.2% Italy MIB -1.0% Spain IBEX -0.7% On the week: Stoxx 600 flat German DAX -0.7% UK FTSE 100 -0.5% French CAC +0.4% Italy MIB -1.0% Spain IBEX +0.7% There’s a doji star on the weekly Stoxx 600 chart. Stoxx
[ad_1] WTI crude oil daily chart Oil will be an interesting spot to watch as it fights for a sixth straight week of gains. It’s currently trading at $83.69, which is up 80 cents but more importantly is above the April high of $83.53. A close above that level The driver at the moment appears
[ad_1] The earnings season is almost over although Disney will release earnings tomorrow and Nvidia was scheduled to release later in the month. For today, the major releases showed: Lyft Inc (LYFT) BEAT: Q2 2023 USD: Adj. EPS 0.16, exp. -0.01, Revenue 1.02bln, exp. 1.02bln. Take-Two Interactive Software Inc (TTWO) MISS: Q2 2023 USD: EPS
[ad_1] Stoxx 600 daily Closing changes: Stoxx 600 +0.3% German DAX +0.4% FTSE 100 +0.5% French CAC +0.8% Italy MIB -0.2% Spain IBEX +0.7% Weekly: Stoxx 600 -2.5% German DAX -2.5% FTSE 100 -1.6% French CAC -2.1% Italy MIB -2.9% Spain IBEX -3.2% It was a rough week but there was something of a silver
[ad_1] SPX weekly Closing changes: S&P 500 -0.5% DJIA -0.5% Nasdaq Comp -0.4% Russell 2000 -0.2% Toronto TSX Comp +0.5% On the week: S&P 500 -2.3% DJIA -0.5% Nasdaq Comp -2.8% Russell 2000 -1.2% Toronto TSX Comp -1.4% July was a great month for stocks but August has gotten off to a slow start. The
[ad_1] A snippet on what Deutsche Bank is expecting from the Bank of England: expect a +25bps hike taking the Bank Rate to 5.25% it is a close call between that and +50bps Beyond next week’s decision, see two more +25bps hikes rate cuts potentially starting from Q2 of 2024 — Announcement due at 1100
[ad_1] Share: Oil prices aim to deliver the biggest monthly close of the year as interest rates from global central banks will peak sooner. Overall demand for oil will remain upbeat in the US economy as fears of a recession fade. WTI prices delivered a breakout of the Descending Triangle chart pattern. West
