March 12, 2025 9:16 am
Key moments DXY recovers to approximately 103.55, rebounding from a four-month low. Technical analysis indicates an oversold RSI, suggesting potential consolidation. Key support identified in the 103.00-103.10 range, with resistance at 104.40. DXY Technicals: 103.55 Rebound, Support at 103.00, Resistance at 104.40 The US Dollar Index (DXY), which measures the dollar’s value against a basket […]
Read moreMarch 11, 2025 3:36 pm
Key moments The Nasdaq Composite (IXIC) index dropped roughly 0.5% on Tuesday. Tuesday’s decline occurred after a major 4% crash that occurred on the day prior. The broader market saw losses, with the S&P 500 and Dow Jones Industrial Average declining by approximately 0.8% and 1.1%, respectively. Wall Street’s tech-centric index, the Nasdaq Composite (IXIC), […]
Read moreMarch 11, 2025 2:11 pm
Key moments The ASX 200 experiences a 1.2% drop in morning trading, reversing gains from the previous day, influenced by substantial overnight losses in US markets. Technology stocks within the ASX demonstrate a more severe decline, with the S&P/ASX All Technology Index falling by 2.8%. Growing fears of a potential recession in the US, coupled […]
Read moreMarch 11, 2025 12:15 pm
h2>Key moments Delta Air Lines reduces its first-quarter revenue and earnings per share forecasts, citing decreased consumer and corporate confidence. The company attributes the lowered outlook to softening domestic demand, despite stable performance in premium, international, and loyalty revenue streams. Delta’s revised projections trigger a significant drop in its stock price and impact the broader […]
Read moreMarch 11, 2025 11:18 am
Key moments Unilever CEO announces plans to accelerate the disposal of underperforming food brands within the European and smaller market divisions. The company aims to streamline its portfolio, focusing on high-profit brands like Knorr and Hellmann’s. Unilever outlines cost-cutting measures, including job reductions and the spin-off of its ice cream business, to enhance overall efficiency. […]
Read moreMarch 11, 2025 11:17 am
Key moments Robinhood’s stock experienced a significant decline, reaching a multi-month low of $35.63 after a 20% drop. Tuesday saw the share price briefly fall to $33.46, reflecting heightened volatility and investor concern. Demonstrating confidence in Robinhood’s future, SPX Gestao de Recursos Ltda. acquired 64,500 shares. A Sharp 20% Decline Sent Robinhood’s Stock Reeling Robinhood’s […]
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