March 25, 2024
Disney Hits New 52 Week High On Analyst Upgrade
Shares of entertainment giant Disney gained 2.8% on Monday following an upgrade from Barclay’s based on the belief that the company’s turnaround plan is taking shape. Barclay’s analyst Kannan Venkateshwar upgraded Disney to Overweight from Equal Weight while also increasing his price target on the stock substantially to $135 from $95. With shares currently trading […]
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March 20, 2024
Asian Daily Market Review
Asian markets were largely higher on Wednesday following another record setting session overnight on Wall Street. Investors were also looking ahead to the U.S. Federal Reserve monetary policy decision just a day after Japan hiked its own interest rates and ended its negative interest rate policy. It’s expected for the Fed to keep interest rates […]
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March 20, 2024
European Daily Market Review
European markets were mixed and little changed for the most part as investors took a pause ahead of the Federal Reserve’s monetary policy decision in the U.S., due out later today. By the end of the session the pan-European Stoxx Europe 600, the broadest measure of European equities, was nearly unchanged with a slight gain […]
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March 20, 2024
U.S. Daily Market Review
U.S. markets held steady near unchanged levels for most of the session as investors waited to hear the latest from the Federal Reserve. When the report was released at 2pm EST markets headed steadily higher, with the Fed holding interest rates unchanged as expected, while also indicating that there will be three rate cuts by […]
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March 20, 2024
Cryptocurrency Daily Market Review
Crypto markets looked as if they were headed for a third consecutive losing session, with Bitcoin falling below the $65,000 level early in the session. However, the latest news from the Federal Reserve, in which the central bank kept interest rates on hold in the U.S. while forecasting three upcoming rate cuts by the end […]
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March 19, 2024
Japanese Yen Hits Lowest Level Of 2024
The Japanese Yen weakened to its worst level of 2024 against the U.S. dollar on Tuesday, climbing above the 150 level and approaching 151 by the end of the normal trading day in the U.S. The drop in the Yen occurred after the Bank of Japan delivered a historic rate hike overnight that ended the […]
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