In trading on Tuesday, shares of Alcoa Corporation (Symbol: AA) entered into oversold territory, changing hands as low as $28.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
The European Commission's decision to compensate for the costs of delivering Ukrainian grain to European seaports will improve the ability to export Ukrainian food without interruption, a senior Ukrainian official said on Tuesday.
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), has bought 60,000 metric tons of Romanian wheat in an international tender, it said on Tuesday.
Soft wheat exports from the European Union so far in the 2023/24 season that started on July 1 reached 4.06 million metric tons by Sunday, compared with 5.12 million a year earlier, data published by the European Commission showed on Tuesday.
Dick's Sporting Goods shares slumped as much as 24.5% on Tuesday as the footwear retailer slashed its full-year profit target after missing expectations for the second quarter.
The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next few weeks after a series of troubling close-call aviation incidents.
Canada will challenge what Ottawa described as "unfair, unjust and illegal" U.S. duties on Canadian softwood lumber products, the trade ministry said on Tuesday.
Wall Street was set to open higher on Tuesday as optimism around Nvidia's keenly awaited earnings report kept megacap growth stocks on a strong footing, while a pullback in yields on longer-dated government bonds also provided some support.
Chicago soybean and corn futures ticked higher on Tuesday as investors weighed above-average results in Ohio during a Midwest crop tour against hot, dry weather in U.S. growing belts.
Novelis is still buying some aluminium from Rusal under contracts agreed before Russia invaded Ukraine, but since the war started last year it has shunned new deals with the Russian firm, the U.S.-based company's Chief Executive Steve Fisher told Reuters.
Copper prices rose on Tuesday for the fourth session, buoyed by firm consumption data in China, more Chinese monetary support measures and a weaker dollar.
The Indonesian government is reviewing a plan to merge state-owned airlines Garuda Indonesia and Pelita Air, a unit of energy firm Pertamina [PERTM.UL], to ensure affordable airfares, an executive said on Tuesday.
Macy's posted a drop in quarterly profit on Tuesday, dragged down by heavy discounting and higher promotions to clear spring and early summer merchandise.
Hospital patients were evacuated onto a ferry in the Greek port city of Alexandroupolis on Tuesday away from a wildfire raging uncontrolled for a fourth day as a new heatwave hit southern Europe.
Macy's posted a drop in quarterly profit on Tuesday, dragged down by heavy discounting and elevated promotion to clear spring and early summer merchandise.