Dow sheds nearly 400 points as U.S stocks finish mostly lower after Goldman Sachs, Morgan Stanley earnings
U.S. stocks ended mostly lower on Tuesday, with the Dow Jones Industrial Average snapping a four-day win streak after Goldman Sachs reported poor earnings results. The S&P 500 also ended lower, but the Nasdaq Composite eked out a gain as investors focused on whether the early 2023 rally has legs.How stocks traded The S&P 500 […]
GBP/USD is subdued around 1.2200 after printing a four-week high
US Consumer Sentiment improved, while inflation expectations edged lower. UK’s GDP for the fourth quarter contracted and flashed a gloomy economic outlook. GBP/USD traders are eyeing UK CPI, Retail Sales, and US Retail Sales data. The Pound Sterling (GBP) slid slightly vs. the US Dollar (USD) Friday, following the release of the University of Michigan […]
The holiday PC market stunk for everyone except Apple, report says
A sharp drop in global shipments of personal computers in the holiday quarter wrapped up a year of such declines, but Apple Inc. reportedly suffered the least. Global PC shipments fell 28.1% to 67.2 million units in the fourth quarter from a year ago, research firm International Data Group reported Tuesday. All manufacturers except for […]