In this article BBBY Customer shopping in a Bed Bath & Beyond store Courtesy: Bed Bath & Beyond Bed Bath & Beyond shares tumbled nearly 10% in premarket trading Thursday after the home goods retailer missed analysts’ expectations for fiscal third quarter. Chief Executive Mark Tritton said a lack of inventory due to supply chain
Month: January 2022
Gold in the national capital on Friday tumbled Rs 301 to Rs 46,415 per 10 gram in line with a decline in international prices of the precious metal, along with a rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,716 per 10 grams. Silver also tumbled Rs
The leisure and hospitality sector led hiring in December as restaurant and bar managers added wait staff, cooks and bartenders to payrolls ahead of the holidays. That sector saw net job growth of 53,000 workers, with eateries accounting for 42,600 of that gain and hotels, motels and other accommodation businesses adding 10,000. Amusement parks, casinos
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USD/TRY adds to Tuesday’s gains well above 13.00. The lira loses further ground after a positive start of the year. Focus remains on the next CBRT event later in the month. The Turkish lira accelerates losses and pushes USD/TRY to new 2-day highs in the 13.60 region midweek. USD/TRY stronger after Turkey’s CPI USD/TRY posts
Markets turned mixed as traders await FOMC minutes. The much stronger than expected US private job data provides little inspiration to the markets. Dollar pares back some gains but remain the second strongest for the week next to Sterling. Yen is also recovering but remains the worst performing, followed by Canadian. Euro is mixed together
The US major stock indices are closing mixed: The Dow industrial average is closing up 214.57 points or 0.59% at 36799.64. That is a new record close. Intraday, the price it reached a new all-time record high 36934.84. The index has 2 record closes in 2022. The S&P index closed down -3.04 points or -0.06%
There are minor changes in the major currencies space so far today, with the overall market mood being rather tentative. The dollar had a decent showing but owes much to a surge in USD/JPY, which has calmed down. This comes as 10-year Treasury yields also test the upper bound of its recent wedge pattern: That
In this article GME A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares fell more than 5% in extended trading on Wednesday, after the video game retailer reported that its losses
Gold was flat in early Asian trade on Wednesday, as traders weighed prospects of early interest rate increases by the U.S. Federal Reserve against surging COVID-19 infections globally. FUNDAMENTALS * Spot gold was little changed at $1,813.91 per ounce by 0133 GMT. U.S. gold futures were flat at $1,813.80. * Benchmark 10-year Treasury yields rose
Commuters arrive from Metro North Railroad trains in Grand Central Station in New York. Timothy A. Clary | AFP | Getty Images Workers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the Labor Department reported Tuesday. The so-called quits level surged to 4.53 million for the
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The USD/JPY edges higher in the year’s last trading day, up some 0.03%. A risk-off market mood put capped the downtrend of the USD/JPY. USD/JPY Price Forecast: The upward bias to continue, a break above 115.20 would open the door for a test of the YTD high at 115.52. As of year-end looms, the USD/JPY
Overall outlook in the markets are unchanged, with US futures pointing to slightly higher open. DOW and S&P 500 could continue their record runs. Selloff in Yen remains the main theme while Sterling is strong together with Aussie and Kiwi. Euro and Dollar are both soft and bounded in range against each other. Technically, a