Turkey's central bank is seen keeping its policy rate on hold this week despite rising expectations for a hike as the lira hits record lows, but is expected to drive funding costs higher with more back-door measures, a Reuters poll showed on Monday.
Turkey's lira has been driven to record lows on concerns that lower interest rates, depleting FX reserves and a flood of easy credit could pave the way to a second currency crisis in as many years.
Britain's economy will not fully recover from its current historic downturn for at least two years, a Reuters poll of economists found, but there is only a slim chance the Bank of England will use negative interest rates to boost the upswing.
A full bounceback from the euro zone's deepest recession on record will take two years or more, according to a Reuters poll of economists who also said there is a high risk the job recovery underway reverses by the end of 2020.
India is staring at a protracted slowdown as coronavirus cases reach its countryside, with signs of recovery in the rural economy hailed by Prime Minister Narendra Modi "at best a mitigating factor", government officials and analysts said.
The energy sector has been in a tailspin since the beginning of 2020, with global supply surpassing demand. The pandemic flattened demand, and we had an unprecedented supply glut on our hands. The US energy sector actually ran out of places to put the excess oil for the first ti
Macy's (M) closed at $6.52 in the latest trading session, marking a -0.46% move from the prior day. This move lagged the S&P 500's daily loss of 0.44%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq lost 0.57%.
In the latest trading session, Salesforce.com (CRM) closed at $205.11, marking a +0.54% move from the previous day. This move outpaced the S&P 500's daily loss of 0.44%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.57%.
In the latest trading session, Zscaler (ZS) closed at $128.26, marking a +0.23% move from the previous day. This change outpaced the S&P 500's 0.44% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.57%.
Big Lots (BIG) closed at $48.88 in the latest trading session, marking a +1.58% move from the prior day. This move outpaced the S&P 500's daily loss of 0.44%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq lost 0.57%.
In the latest trading session, Carnival (CCL) closed at $14.60, marking a +1.32% move from the previous day. This change outpaced the S&P 500's 0.44% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.57%.
In the latest trading session, Domino's Pizza (DPZ) closed at $414.23, marking a +0.68% move from the previous day. This change outpaced the S&P 500's 0.44% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.57%.
In the latest trading session, Costco (COST) closed at $340.90, marking a +0.04% move from the previous day. This move outpaced the S&P 500's daily loss of 0.44%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq lost 0.57%.
In the latest trading session, PepsiCo (PEP) closed at $136.45, marking a -1.2% move from the previous day. This change lagged the S&P 500's 0.44% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.57%.
Anaplan (PLAN) closed at $47.63 in the latest trading session, marking a -1.14% move from the prior day. This change lagged the S&P 500's daily loss of 0.44%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.57%.
Nvidia (NVDA) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.
Nordson (NDSN) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.
L Brands (LB) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of a loss of $0.34 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.
Synopsys (SNPS) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
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