Article By:
Lallalit Srijandorn
Tuesday, April 23, 2024 8:40 PM EDT
The EUR/USD pair holds above the 1.0700 psychological barrier during the early Asian session on Wednesday. The weaker-than-expected US PMI data for April drags the Greenback lower and creates a tailwind for EUR/USD.
In this article: FXE, UUP
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Article By:
Michael J. Kramer
Tuesday, April 23, 2024 8:20 PM EDT
Stocks finished the day higher, with the S&P 500 up 1.2%, following yesterday’s advance.
In this article: TSLA, SPX
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Article By:
Joshua Gibson
Tuesday, April 23, 2024 8:00 PM EDT
US Purchasing Managers Index (PMI) figures printed much softer than expected, sparking renewed hopes of a weakening US economy forcing the US Federal Reserve (Fed) to begin cutting rates sooner than previously expected.
In this article: OIL, UCO, USO
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Article By:
Christian Borjon Valencia
Tuesday, April 23, 2024 7:40 PM EDT
The Aussie Dollar recorded back-to-back positive days against the US Dollar and climbed more than 0.59% on Tuesday, as the US April S&P PMIs were weaker than expected.
In this article: FXA, UUP
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Article By:
Jim Van Meerten
Tuesday, April 23, 2024 6:40 PM EDT
SkyWest, Inc., through its subsidiaries, engages in the operation of a regional airline in the United States. It operates through two segments, SkyWest Airlines and SWC; and SkyWest Leasing.
In this article: SKYW
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Video By:
Michael Filighera
Tuesday, April 23, 2024 6:25 PM EDT
Both the NQ and ES pushed higher and pushing resistance higher and supply initial evidence of the possibility of the indexes moving to new ATH's before the next cycle trough hits.
In this video: NDX, SPX
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The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.
The only real cause of inflation is government spending. While banks can generate money -credit- through lending, they rely on projects and investments to support these loans.
The hope appears to be that robust results from the Mag 7 companies reporting this week will help restore confidence in the fundamental underpinnings and offset some of the Fed-centric worries.
In mid-January, the main development options for this year for EUR/USD and USD/JPY were considered . At least a short-term strengthening of the dollar was expected; there were still options in the medium term.
Evidence suggests the bigger trend is still up for the market and another 10% or more is possible before the year end.
The past, present and future of the Canadian cannabis sector, based on the performanceof the MCCCI, which is a proprietary index of 14 stocks.
Over the past year, Deutsche Bank’s share price rose about 49% from $10.88 to $16.24 as of Monday’s market close.
