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Oracle Stocks Gained $8B in a Single Day

market news summary European stocks closed lower on Tuesday due to weak data from the services sector in China and the Eurozone, fueling concerns about global economic slowdown. However, gains in energy company stocks helped limit the losses. The European Stoxx 600 index closed down 0.2%, extending its losses for the fifth consecutive session. BusinessContinue Reading
Written on September 6, 2023 at 7:39 am
Categories: News Technical Analysis
The Markets Are Waiting for Today’s NFP Report, Unemployment Rates, and Wage Data

market news summary European stocks closed with little change on Thursday, as losses in shares of companies producing basic and luxury consumer goods offset gains in real estate and financial companies, including UBS. Meanwhile, a set of economic data presented a mixed picture for the Eurozone. The STOXX 600 European index ended the day downContinue Reading
Written on September 1, 2023 at 6:26 am
Categories: News Technical Analysis
The Nasdaq Index Closes Above 15,000 Points for the First Time in a Month

market news summary In a statement issued by the artificial intelligence chip giant Nvidia, the company clarified that the US administration has expanded export restrictions to include other regions, including countries in the Middle East. However, the company did not specify the names of these countries. The United States has not only imposed restrictions onContinue Reading
Written on August 31, 2023 at 7:17 am
Categories: News Technical Analysis
Oil Prices Rise as the Dollar Weakens and the US Prepares for Hurricane Adalia

market news summary A survey of job openings and labor turnover conducted by the Ministry of Labor revealed that the number of job vacancies reached 8.827 million in July, marking a decrease for the third consecutive month. Another report indicated a decrease in consumer confidence in the United States to 106.1 in August, compared toContinue Reading
Written on August 30, 2023 at 9:50 am
Categories: News Technical Analysis
Gold Is Rising Supported by the Decline of the Dollar

market news summary European indices closed higher at the end of Monday’s trading, supported by sectors exposed to China due to Beijing’s measures to bolster the rising stock market. The STOXX 600 European index ended the session with a 0.9% increase, marking its best one-day performance in a month. Technology stocks led the gains withContinue Reading
Written on August 29, 2023 at 12:29 pm
Categories: News Technical Analysis
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