Big box retailers have struggled in recent months as the post pandemic boom is over and now, they must contend with supply chain issues, rising inflation and diminishing consumer appetite.
Equity traders are squaring up their positions ahead of the release of the minutes from the latest Federal Reserve meeting.
WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
Caterpillar manufacturers heavy equipment and it supplies industries like mining, construction, and transportation.
EUR/USD is in a downtrend and the MACD indicator shows that momentum is negative, implying the bears are in control.
Fears the US economy might be heading for an actual recession have resurfaced because of the brutal New York Fed manufacturing index report.
Zoom’s share price saw a spectacular rise and fall in the past few years. The company floated on the stock market in April 2019.
Equity traders pounced on the weaker-than-expected US CPI data as the Federal Reserve might not be as hawkish as initially feared.
BP’s share price recently rallied thanks to the company’s booming second quarter earnings.
Bed Bath & Beyond’s share price jumped yesterday as the meme stock craze returned to fold.
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