Google Makes a Discount for Traders
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Wall Street tumbles, geopolitical risks weigh ahead of revenues
On Wednesday, American shares slumped, hitting the day's minimums, with concern over geopolitical risks applying pressure on market sentiment as market participants readied for the start of American corporate profits reports.
Concerns over ascending tensions between North Korea, Syria, Russia and the United States drove traders into gold as well as other safe-haven assets. They also backed the CBOE Volatility index, Wall Street's fear indicator, which concluded above 15 for the first time since Election Day.
On Tuesday, US Secretary of State Rex Tillerson delivered a message from world powers to Russia, denouncing Russian support for Bashar al-Assad.
Additionally, contributing to the dour mood, North Korea state media officially warned of a nuclear attack on America if provoked because a US Navy strike group headed for the western Pacific.
Shares, soared steeply after the November 8 election on optimism that newly elected Donald Trump will drive the US economy, have been going down since the beginning of March. For instance, on Tuesday, the S&P 500 stood below its 50-day moving average, though managed to close above the major technical level.
Similar
What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
What to expect from Microsoft event?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Latest news
The Yen Sets New Lows
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
Experts are Waiting for US Stocks to Rise
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO Supports The USD
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
