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The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap
US stocks close sharply lower. Indices are down for the week. Read More »
The recent rise in Bitcoin and Ethereum, showing convincing upward movement, has brought renewed optimism to the market. Many participants now believe the crypto market, having passed through a prolonged downturn, is on the verge of a new bull cycle. The roughly 44% slump in market quotes from October through February may have been the
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The USD/CAD is currently locked in a tug-of-war as technical support meets a sharp fundamental shift in energy markets. While broad US Dollar strength provided an early lift, the pair has encountered a significant “ceiling” that remains unbroken. The Fundamental Context: Oil vs. Greenback The primary catalyst for the recent reversal is a 7.3% surge