Tag: markets

January 25, 2024

Amazon has pulled the plug on its UK home insurance venture – a comparison website – after launching in October 2022. “Over the last year, we have been evaluating various businesses and programs, and as a part of that we’ve […]

January 11, 2024

In the latest market close, U.S. Bancorp (USB) reached $43.40, with a -0.14% movement compared to the previous day. This change lagged the S&P 500’s daily gain of 0.57%. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq added 0.75%. […]

December 29, 2023

The FTSE 100 is expected to remain below its September and December highs at 7,747 to 7,769 on the last trading day of the year with markets closing early. UK house prices falling more than expected in December have not […]

October 28, 2022

As a trader gets started in forex trading, one of the first advantages they’re likely to come across is how much liquidity the forex market offers over other markets. The latest figures are roughly $5.1 trillion in daily traded volume […]

September 1, 2022

A gauge of U.S. factory activity remained unchanged last month, defying the doom-and-gloom narrative and worst predictions, and easing fears that the country is headed for hard landing, undermined by the rising interest rates environment aimed at curbing rampant inflation. […]

August 26, 2022

In the latest trading session, U.S. Bancorp (USB) closed at $47.76, marking a +1.21% move from the previous day. This move lagged the S&P 500’s daily gain of 1.41%. Elsewhere, the Dow gained 0.98%, while the tech-heavy Nasdaq lost 0.02%. […]

August 24, 2022

Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. This article will cover: What a bias is in trading Why traders need a bias How to develop […]

August 18, 2022

USD/JPY, like most dollar crosses, has witnessed a recovery as markets digest the short-lived notion of a Fed pivot following slightly cooler US CPI data last Wednesday.The softer dollar provided an opportunity for USD/JPY bulls to re-enter the trend at […]

February 23, 2022

Distinguished Programs is expanding its City Insurance program to select cities in California and Colorado, as well as launching new umbrella coverage eligibility for condos and rentals with underlying City Insurance policies. The City Insurance program is now available for […]

October 15, 2021

Global stocks have rallied significantly in the last two sessions as upbeat sentiment returns to markets. Continued growth in earnings from major US banks and asset managers have seen investors take a break from concerns about growth and stagflation, focusing […]

August 6, 2021

Shorting a stock involves selling a borrowed stock in the anticipation of buying the same stock back at a lower future price and pocketing the difference. Short selling is a normal part of an active trader’s plan as it presents […]

March 10, 2021

Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according to […]

March 1, 2021

Hilton Grand Vacations (HGV) – The timeshare company posted a wider-than-expected loss for its latest quarter, while revenue was also below Wall Street forecasts. Hilton Grand Vacations said the pandemic has created a challenging environment but said 85% of its […]

February 10, 2021

General Motors – Shares of the legacy automaker dropped about 3.5% after the company warned that a global semiconductor shortage could take a major bite out of its earnings in 2021. GM’s fourth-quarter results beat expectations on the top and […]

January 12, 2021

Albertsons (ACI) – The grocery store operator reported quarterly earnings of 66 cents per share, beating the 42 cents a share consensus estimate. Revenue also beat forecasts. Albertsons raised its full-year earnings forecast to $3.05 to $3.15 per share from […]

October 13, 2020

U.S. stock index futures rose in early morning trading after the major averages registered their first day of losses in five trading sessions. Futures contracts tied to the Dow Jones Industrial Average advanced 53 points. S&P 500 futures and Nasdaq […]

September 28, 2020

High-frequency trading is a financial innovation that deals with the use of computer software tools to carry out numerous transactions at the drop of a hat. It is a fintech and is also known as HFT. It employs the use […]

June 30, 2020

A federal face mask mandate would not only cut the daily growth rate of new confirmed cases of Covid-19, but could also save the U.S. economy from taking a 5% GDP hit in lieu of additional lockdowns, according to Goldman […]

June 17, 2020

Treasury prices struggled for direction on Wednesday as investors closely watched how individual U.S. states were going about reopening businesses and easing social restrictions with coronavirus cases rising in some areas of the country, just as the economy is starting […]

May 15, 2020

Stocks were well off their lows on Friday and fighting for altitude after data showed U.S. April retail sales plunged more than forecast and on reports the Trump administration will block shipments of semiconductors to China’s Huawei Technologies, stoking fears […]