DAX is attempting a recovery following a 6% drop. The global energy shock is fueling stagflation anxiety, notably causing a record 12% plummet in the South Korean KOSPI index. Market performance is mixed: Technology and Read more…
The ISM Services index rose sharply in February, climbing 2.3 points to 56.1. This marks the highest reading since mid-2022 and extends the expansion streak to 20 consecutive months. Growth also broadened across industries, with Read more…
Wall Street is turning more bullish on Chevron. Bank of America raised its price target on the energy giant to $206 from $188 on Monday, keeping a Buy rating in place as tensions in the Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal It’s that time of the year Read more…
With the aftereffects of the U.S.-Iranian strike on Iran that killed Iranian Supreme Leader Ayatollah Khamenei now in their fifth day, hundreds of thousands of travelers have been left stranded in several Middle Eastern countries. Read more…
Markets Since the start of the conflict in the Middle East, markets this week already discounted a first bunch of risks related to energy supply, inflation and other sources of potential damage for the overall Read more…
US service sector activity strengthened sharply in February, with the ISM Services PMI rising from 53.8 to 56.1, well above market expectations of 53.8, marking the highest level since July 2022. The data point to Read more…
T-Mobile is benefiting from a major shift in how consumers choose internet services. The carrier’s 5G home internet service has surged in popularity as consumers nationwide stray away from traditional internet providers. In response, T-Mobile Read more…
Daily Pivots: (S1) 157.24; (P) 157.60; (R1) 158.06; More… Intraday bias in USD/JPY is turned neutral with current recovery. On the upside, above 157.96 will extend the rebound from 152.25 to retest 159.44 high. On Read more…
Daily Pivots: (S1) 0.7775; (P) 0.7827; (R1) 0.7870; More…. A temporary top is formed at 0.7877 with current retreat. Intraday bias in USD/CHF is turned neutral first. Further rise is expected as long as 0.7671 Read more…