Topline U.S. stocks plunged in early Wednesday trading as concerns about the health of the global banking industry continued to weigh on the market, with one high-profile Wall Street bigwig cautioning...
Tag: Points
Dow opens down 500 points as Credit Suisse reignites bank woes
U.S. stocks opened sharply lower on Wednesday, wiping out all of the prior session’s gains and then some as a punishing selloff in shares of Credit Suisse CS reignited anxieties about the banking sect...
Dow Jones Dives 500 Points On Renewed Banking Fears As Credit Suisse Crashes 28%
The Dow Jones Industrial Average dived more than 500 points Wednesday, as Credit Suisse (CS) crashed 28% on reports the company’s largest investor, Saudi National Bank, withdrew funding. Meanwhi...
Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off
Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank...
Dow futures dive over 400 points as Credit Suisse woes reignite bank sector angst, with retail sales data ahead
U.S. stock futures were sliding on Wednesday as fresh concerns over the health of Credit Suisse sparked renewed banking sector anxiety. That’s as investors awaited fresh retail sales data. How are sto...
USD/CNY rare chart pattern points to more downside
The USD/CNY price drifted upwards slightly on Wednesday after the latest Chinese economic numbers. It rose to a high of 6.8808, which was a few points above this week’s low of 6.8375. The price is sti...
‘Head Fake Rally’? Dow Jumps 400 Points On Bank Stocks’ $37 Billion Recovery
Topline A massive recovery for bank stocks led a broader market rally Tuesday as investors shook off their deepest concerns about the sector-wide effects from the failures of Silicon Valley Bank and S...
ssv.network news points to Avorak AI as potential partner in algorythmic trading bot for 2023
As algorithmic trading is popular in cryptocurrency, many investors are turning to advanced AI technologies. ssv.network news highlights the increasing role of AI technology in crypto markets in 2023 ...
Dow Plunges Nearly 1,500 Points In Worst Week Since June As Bank Stocks Collapse
Topline Major indexes fell on Friday as bank stocks struggled following the sudden collapse of one of Silicon Valley’s biggest lenders, which launched a failed bid to help shore up cash during t...
MATIC Price Analysis Points to 8-10% Relief Rally Ahead, But There’s a Catch
Published 6 seconds ago Silicon Valley Bank (SIVB), a crypto-friendly bank, experienced a significant decline of 60.4% in its share price on March 9th. This decline had a ripple effect on the crypto m...
Aviva share price doji pattern points to a false breakout
Aviva (LON: AV) share price formed a long-legged doji pattern after climbing to a record high this week. It jumped to an all-time high of 467.2p after the company published strong financial results on...
Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from U.S. Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-b...
Dow Plunges Over 500 Points As Bank Stocks Collapse
Topline Major stock indexes fell on Thursday as shares of banks across the nation collapsed following a stark warning from one of Silicon Valley’s biggest lenders, which said it hopes to raise b...
Dow Jones Rallies 175 Points On Surprise Jump In Jobless Claims; Silvergate Crashes 40%
The Dow Jones Industrial Average briefly rose 175 points Thursday after the Labor Department’s surprise jump in first-time jobless claims. The price of Bitcoin declined 2% Thursday, as crypto ba...
Dow Falls Nearly 600 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Dow Falls 500 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Dow Falls 400 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline In a semiannual report to Congress beginning Tuesday at 10 a.m., Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected, saying the central bank will continue to up the t...
Rolls-Royce share price chart points to a 30% jump to 200p
Rolls-Royce (LON: RR) share price continued soaring this week as the outlook of its business improved. The stock surged to a high of 152.85p, the highest level since March 2020. It has soared by more ...
Dow Jones Futures: As Market Rally Revives, Tesla Among 7 Stocks Near Buy Points
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla stock, Apple (AAPL), Caterpillar (CAT) and a new solar IPO are in or near buy zones. X The stock ma...
Man Group share price cup and handle points to more upside
Man Group (LON: EMG) share price went parabolic, becoming the best performer in the FTSE 250. The stock surged to a high of 271.2p on Tuesday, slightly below its all-time high of 273p. It has surged b...
Dow Jones Rallies 300 Points After Economic Data; Tesla Stock Surges On Production Ramp
The Dow Jones Industrial Average rallied 300 points Monday as investors digested an early round of economic data. Tesla (TSLA) stock jumped 4% after the electric-vehicle leader said its German product...
More News That Points To No Recession
Coils of copper wire rods in a storage facility. Photographer: Andrey Rudakov/Bloomberg © 2021 Bloomberg Finance LP Its now more than half a year since Wall Street’s Cassandras warned of an imminent u...
General Electric Leads Five Stocks Near Buy Points Showing Strength
General Electric (GE) leads five stocks to watch for the week ahead as GE stock hovers in a buy zone. Toll Brothers (TOL), Booking Holdings (BKNG), Textron (TXT) and SPC Commerce (SPSC) are all showin...
Dow Jones Dives 500 Points On Hot Inflation Report; Tesla Stock Skids Below $200
The Dow Jones futures Industrial Average dived 500 points Friday on a hotter-than-expected inflation report. Meanwhile, Square-parent Block (SQ) jumped 2%, even after reporting fourth-quarter earnings...
Dow Falls 400 Points As Surprisingly Hot Inflation Data Threatens More Aggressive Fed Policy
Topline The stock market resumed a recent sell-off on Friday after the Federal Reserve’s most closely watched inflation indicator came in hotter than expected—adding to a slew of recent data poi...
NTSB Ohio train derailment report points to overheated wheel
Workers continue to clean up remaining tank cars, Tuesday, Feb. 21, 2023, in East Palestine, Ohio, following the Feb. 3 Norfolk Southern freight train derailment. Matt Freed | AP Federal authorities o...
Dow Jones Tumbles Nearly 700 Points, S&P 500 Nears Key Support; Here’s What To Do Now
Dow Jones futures tilted higher after hours, along with S&P 500 futures and Nasdaq futures. Palo Alto Networks and Coinbase reported late Tuesday, with Wingstop and chip giant Nvidia due Wednesday...
Dow falls over 400 points, dragged down by earnings, rising bond yields
U.S. stocks ended sharply lower on Tuesday, with major indexes suffering the worst daily percentage declines in over two months, as downbeat guidance from major retailers, rising Treasury yields and e...
Dow Jones Dives 500 Points After Economic Data; Home Depot, Walmart Tumble On Earnings
The Dow Jones Industrial Average lost more than 500 points Tuesday morning amid the release of economic data in a holiday-shortened week. Meanwhile, retail giants Home Depot (HD) and Walmart (WMT) rep...
ITV share price Elliot Wave pattern points to a pullback soon
ITV (LON: ITV) share price has been among the best-performing FTSE 250 companies in 2023. The vulnerable stock jumped to a year-to-date high of 97p on February 9, which was ~82% above the lowest point...
Legendary Trader Peter Brandt Spots Major Turning Points on Bitcoin (BTC) Chart
Veteran trader Peter Brandt spots “major” turning points on the Bitcoin (BTC) price chart. The renowned trader was replying to a tweet from @htltimor, who pointed out a price pattern on th...
DAX index technical analysis points to a temporary pullback
European stocks are having a great year, with key indices nearing their all-time high. The same trend is happening in Germany, the biggest economy in the region. The DAX index spiked to a high of €15,...