Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and more
Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 4% after announcing founder Sir Richard Branson will be aboard its...
Fed Chair Powell met with Coinbase CEO Brian Armstrong in May
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Federal Reserve Chairman Jerome Powell met in May with Brian Armstrong, the CEO of...
Biden on June jobs report: ‘Our economy is on the move, and we have Covid-19 on the run’
U.S. President Joe Biden delivers remarks on the June jobs report in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, July 2, 2021. Kevin Lamarque | Reuters WASHINGTON — President Joe Biden responded to...
Week Ahead – RBA Meeting and Fed Minutes to Spice Things Up
It’s a relatively quiet summer week for global markets. The only central bank meeting will be in Australia, where the Reserve Bank could take the first step towards exiting cheap money. In America, the minutes of the latest FOMC meeting...
Weekly Focus – Signs of Global Peak in Manufacturing?
Risk sentiment was generally positive this week, as inflation fears continue to fade although the spread of the delta variant of Covid-19 has increased worries of new outbreaks. The reflation trade continued to lose steam, as tech stocks lead the...
U.S. adds 850,000 jobs in June, better than expected
Job growth leaped higher in June as businesses looked to keep up with a rapidly recovering U.S. economy, the Labor Department reported Friday. Nonfarm payrolls increased 850,000 for the month, compared with the Dow Jones estimate of 706,000 and better...
US: Hiring Perks Up in June, But So Does Unemployment
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NZDUSD Recovers a Tad but Bearish Pressures Weigh on the Pair
NZDUSD is improving above the red Tenkan-sen line at 0.6979 after a mixed US NFP payroll report was released. The simple moving averages (SMAs) and the Ichimoku lines continue to sponsor bearish demeanours; however, the negative slope of the 50-period...
Dollar Struggles to Ride on Strong NFP, Retreating Mildly
Dollar struggles to ride on stronger than expected non-farm payroll growth, and it’s indeed retreating notably in early US session. Stocks are also not too enthusiastic so far, with DOW futures up only around 0.2% at the time of writing....
Stocks making the biggest moves in the premarket: Virgin Galactic, Krispy Kreme, Apollo Global & more
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space...