The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire between the US and Iran, which drove energy prices lower. This article looks at some of the key catalysts for S&P 500 and the key
XRP price retreated for the fourth consecutive day, even as demand in its exchange-traded funds (ETF) continued this week. Ripple dropped to $1.1305, a few points below this week’s high of $1.2875, mirroring the performance of other cryptocurrencies. XRP ETF inflows point to resilient demand Data compiled by SoSoValue shows that there is resilient demand
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is it safe to buy the dip? Celestica announces a major US investment Celestica, a top
The FTSE 100 Index remained in a narrow range this week as focus shifted to the key UK macro data and actions from the Federal Reserve and the Bank of England (BoE). It was trading at 10,440 points on Wednesday, up from this month’s low of 10,122. Bank of England interest rate decision The FTSE
The USD/CHF exchange rate rose modestly after the Federal Reserve left interest rates unchanged on Wednesday, with investors now turning their attention to the Swiss National Bank’s upcoming monetary policy decision. It was trading at 0.7988, up slightly from this week’s low of 0.7900. US dollar jumps after FOMC decision The USD/CHF pair drifted upwards
The crypto market is on edge today, June 18, as investors react to the hawkish Federal Reserve decision and the ongoing boom in the stock market. Bitcoin price retreated below $65,000, while the market capitalization of all tokens fell by 3% to $2.2 trillion. Some of the top laggards were coins like Audiera, DeXe, SPX6900,
UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision. NatWest share price jumped to 638p, its highest level since February 9 this year, and 26% above its lowest point in March. Lloyds Bank soared to 105.80p, its
BitMine stock price has crashed this year as Tom Lee’s Ethereum bet backfires. BMNR dropped to $15.70 on Wednesday, down substantially from last year’s high of $160. This retreat may continue as Cathie Wood pares back her holdings and as the Ethereum price remains under pressure. BitMine stock has slipped amid soaring unrealized losses Tom
International Business Machines (NYSE: IBM) stock price retreated sharply today, June 18, continuing a downward trend that started on June 2nd this year. It plunged to $245.8, down by 26% from its highest point this month. IBM stock slumps after Accenture’s weak earnings IBM shares were in the red today, after Accenture, a top global
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of $162. So, will the stock continue its bearish trajectory or stage a comeback? Reasons why the Palantir stock has slumped There are three main reasons