News

Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.

  • A mixed open for major indices with modest changes

    Major US indices are little changed to start the new trading day. The Dow industrial average is unchanged. The S&P index is up 0.08%, and the NASDAQ index is down -0.05%.

    The small-cap Russell 2000 is the biggest mover with a decline of -0.56%. There is consolidation in the media space as Warner Bros. Discovery have put themselves up for sale. Shares of Warner Bros. Discovery are up 9.72%. Netflix and Comcast are among the potential buyers.

    Shares Netflix are up 0.28%. Shares of Comcast are up 0.19%.

    Coca-Cola shares are higher after earnings, as are GM shares. Coca-Cola (KO) is trading at $2.25 or 3.29% at $70.64. General Motors (GM) are surging by $6.80 or 11.78% at $64.83

    • Coca-Cola Co (KO): EPS of $0.82 (BEAT vs. $0.78 expected) and Revenue of $12.5bn (BEAT vs. $12.39bn expected).

    • General Motors Co (GM): EPS of $2.80 (BEAT vs. $2.26 expected) and Revenue of $48.6bn (BEAT vs. $45.25bn expected).

    3M shares are trading higher by $3.47 or 2.24% after their beat on top and bottom lines (3M Co (MMM): EPS of $2.19 (BEAT vs. $2.07 expected) and Revenue of $6.52bn (BEAT vs. $6.24bn expected).

    Northrop Grumman missed on their revenues. Its shares are down $-13.61 or -2.26%. The CEO said expectations being moved lower going forward is due to delay timing of certain awards and programs.

    This article was written by Greg Michalowski at investinglive.com.

  • A mixed open for major indices with modest changes

    Major US indices are little changed to start the new trading day. The Dow industrial average is unchanged. The S&P index is up 0.08%, and the NASDAQ index is down -0.05%.

    The small-cap Russell 2000 is the biggest mover with a decline of -0.56%. There is consolidation in the media space as Warner Bros. Discovery have put themselves up for sale. Shares of Warner Bros. Discovery are up 9.72%. Netflix and Comcast are among the potential buyers.

    Shares Netflix are up 0.28%. Shares of Comcast are up 0.19%.

    Coca-Cola shares are higher after earnings, as are GM shares. Coca-Cola (KO) is trading at $2.25 or 3.29% at $70.64. General Motors (GM) are surging by $6.80 or 11.78% at $64.83

    • Coca-Cola Co (KO): EPS of $0.82 (BEAT vs. $0.78 expected) and Revenue of $12.5bn (BEAT vs. $12.39bn expected).

    • General Motors Co (GM): EPS of $2.80 (BEAT vs. $2.26 expected) and Revenue of $48.6bn (BEAT vs. $45.25bn expected).

    3M shares are trading higher by $3.47 or 2.24% after their beat on top and bottom lines (3M Co (MMM): EPS of $2.19 (BEAT vs. $2.07 expected) and Revenue of $6.52bn (BEAT vs. $6.24bn expected).

    Northrop Grumman missed on their revenues. Its shares are down $-13.61 or -2.26%. The CEO said expectations being moved lower going forward is due to delay timing of certain awards and programs.

    This article was written by Greg Michalowski at investinglive.com.

  • Japan PM Takaichi: It’s important that BoJ, Govt communicates closely & coordinate policy

    The newly elected Japanese Prime Minister Takaichi is speaking on the BOJ and government.

    • BoJ’s monetary policy is part of broader economic policy, which government holds responsibility

    • It’s most important that BoJ, Govt communicates closely and coordinate policy

    • Specific means of monetary policy up to BoJ to decide

    • Want to communicate closely with BoJ

    • BoJ’s 2% inflation target should be met not just through cost-push factors but price rises accompanied by wage gains

    • Hope BoJ conducts appropriate monetary policy to stably, sustainably achieve its inflation target

    • No immediate plan to revise Govt-BoJ joint agreement on economic policy

    • Want to deepen relationship of trust with President Trump through frank exchange of opinions

    The USDJPY has moved higher on the day, but is coming off highs for the day. Technically, the price high today did stall at a technical swing area near 152.11. However, on the downside, a move below the 200 hour MA at 151.496 is still needed to disappoint the buyers,and give sellers more confidence/control. Absent that and the buyers are still in firm control..

    This article was written by Greg Michalowski at investinglive.com.

  • Japan PM Takaichi: It’s important that BoJ, Govt communicates closely & coordinate policy

    The newly elected Japanese Prime Minister Takaichi is speaking on the BOJ and government.

    • BoJ’s monetary policy is part of broader economic policy, which government holds responsibility

    • It’s most important that BoJ, Govt communicates closely and coordinate policy

    • Specific means of monetary policy up to BoJ to decide

    • Want to communicate closely with BoJ

    • BoJ’s 2% inflation target should be met not just through cost-push factors but price rises accompanied by wage gains

    • Hope BoJ conducts appropriate monetary policy to stably, sustainably achieve its inflation target

    • No immediate plan to revise Govt-BoJ joint agreement on economic policy

    • Want to deepen relationship of trust with President Trump through frank exchange of opinions

    The USDJPY has moved higher on the day, but is coming off highs for the day. Technically, the price high today did stall at a technical swing area near 152.11. However, on the downside, a move below the 200 hour MA at 151.496 is still needed to disappoint the buyers,and give sellers more confidence/control. Absent that and the buyers are still in firm control..

    This article was written by Greg Michalowski at investinglive.com.

End of content

End of content