Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed in cautious trade on Tuesday amid lingering global trade tensions and rising geopolitical risks in the Middle East. Investors also waited to take cues from upcoming corporate earnings results and the minutes of the U.S. Federal Reserve’s latest policy meeting, due Wednesday. Chinese stocks gave up early gains to end lower after the release of inflation... Read More

European Shares Set To Open On Mixed Note

European Shares Set To Open On Mixed Note
European stocks may open on a mixed note Tuesday amid Brexit uncertainty and escalating tensions between Saudi Arabia and the West. The British pound suffered further falls as investors braced themselves for a “no deal Brexit.” A no-deal Brexit is “more likely than ever before,” European Council President Donald Tusk warned in a letter to EU leaders Monday, but he... Read More

Asian Markets Mostly Higher With Modest Gains

Asian Markets Mostly Higher With Modest Gains
Asian stock markets are mostly higher on Tuesday with markets attempting a rebound after recording losses in the previous session, despite the weak cues overnight from Wall Street and as investors shift focus to upcoming corporate earnings results. Nevertheless, gains are modest in most markets amid worries about higher oil prices following rising tensions between Saudi Arabia and the West... Read More

Stocks Fluctuate Before Closing Mostly Lower – U.S. Commentary

Stocks Fluctuate Before Closing Mostly Lower – U.S. Commentary
Stocks fluctuated over the course of the trading session on Monday following the rebound seen last Friday. After recovering from an early move to the downside, the major averages spent the day bouncing back and forth across the unchanged line. The major averages ended the day firmly in negative territory. The Dow fell 89.44 points or 0.4 percent to 25,250.55,... Read More

Stocks Regain Ground After Early Move To The Downside – U.S. Commentary

Stocks Regain Ground After Early Move To The Downside – U.S. Commentary
After an early move to the downside, stocks have regained ground over the course of the trading session on Monday. The major averages have climbed well off their worst levels of the day. Currently, the major averages are turning in a mixed performance. While the Dow is up 5.89 points or less than a tenth of a percent at 25,345.88,... Read More

Stocks Move Mostly Lower In Morning Trading – U.S. Commentary

Stocks Move Mostly Lower In Morning Trading – U.S. Commentary
Stocks have moved mostly lower in morning trading on Monday, partly offsetting the rebound seen last Friday. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are all in negative territory, although the Dow is down just 22.39 points or 0.1 percent at 25,317.60. The Nasdaq is down 72.83... Read More

Cryptocurrency Daily Roundup – Oct. 15

Cryptocurrency Daily Roundup – Oct. 15
Cryptocurrencies, led by Bitcoin, opened the week with solid gains after some sharp losses last week when the market joined the global financial market sell-off. Some analysts attributed the latest surge in cryptocurrency prices to a possible flight of investors from the controversial stablecoin Tether due to the recent rumors regarding the feasibility of its 1:1 peg to the US... Read More

Lululemon upgraded on analytics and e-commerce strength

Lululemon upgraded on analytics and e-commerce strength
Lululemon Athletica Inc. LULU, +0.77% was upgraded to outperform from neutral at Wedbush on the company’s strong fundamentals, including data analytics and technology, that puts them on the path to growth. Wedbush has a $176 price target on Lululemon. Wedbush analyst Jen Redding says in a note that the athleisure retailer has potential for e-commerce growth, a bigger men’s business,... Read More

U.S. Retail Sales Growth Falls Well Short Of Estimates In September

U.S. Retail Sales Growth Falls Well Short Of Estimates In September
Retail sales in the U.S. crept up by much less than expected in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said retail sales inched up by 0.1 percent in September, matching the uptick seen in August. Economists had expected retail sales to climb by 0.5 percent. The uptick in... Read More