Netflix earnings spark a rally, Housing Market Cools, Bitcoin higher
[ad_1] No one expected Netflix to trigger a decent risk-on rally for the other mega-cap tech stocks, but that is exactly what is happening. Stocks are rising as Wall Street…
Oil hovers above USD 100, gold struggles
[ad_1] Oil Crude prices tentatively breached the USD 100 level after the Bank of America fund manager survey showed global growth optimism was at an all-time low. Earlier in…
Earnings push stocks higher, building permits decline, euro rallies as markets expect half-point ECB hike, bitcoin tries to hold USD 22k
[ad_1] US stocks are rallying as corporate earnings haven’t been terrible and on optimism that Russia won’t delay the restart of gas flows on Nord Stream 1 pipeline. Earnings…
Oil rises above USD 100, gold rebounds
[ad_1] Oil higher after Biden’s trip disappoints Crude prices are back where they belong, over the USD 100 a barrel level, after President Biden’s trip to the Mideast did not…
Bank earnings keep rally mode going, homebuilder sentiment plunges, bitcoin bottom
[ad_1] Wall Street is starting to find its footing as investor Fed tightening fears eased and after both strong banking earnings from Goldman Sachs and Bank of America. It is…