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A mix day for US stocks in up and down session

A mix day for US stocks in up and down session

The major US indices are closing the day mixed. The Dow industrial average of 30 stocks closed higher. The broader S&P and NASDAQ indices of closed higher. The final numbers are showing: Dow industrial average rose +38.04 points or 0.09% at 40,974.98S&P index...

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Citi says a 50 basis point Fed cut in September is likely

Citi says a 50 basis point Fed cut in September is likely

There is an interesting dynamic this week with non-farm payrolls on Friday and the FOMC blackout period starting Friday at midnight. If the jobs report is middling, it doesn't leave much time for officials to signal that a 50 basis point cut is likely. Of course, they...

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US stocks start to move lower again

US stocks start to move lower again

The US major indices are moving lower again with the NASDAQ index down -0.31%. The S&P index is down -0.29%.The major indices opened lower today but then rebounded intraday. The NASDAQ index traded up 96.35 points at session highs, while the broader S&P index...

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OPEC+ lifeline falls flat, WTI settles down $1.14

OPEC+ lifeline falls flat, WTI settles down $1.14

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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