Wall Street’s semiconductor index lost over $500 billion in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs on exports of advanced semiconductor technology to China.
Sterling strengthened and hit a one-year high against the dollar.
The Pound-Dollar pair saw a minor rise of 0.2% in the last session. The ROC is giving a positive signal.
GBP/USD saw a minor rise of 0.2% in the last session.
The ROC is currently in positive territory.
Support: 1.2917 | Resistance: 1.3006
Oil prices climbed about 2.4% on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower economic growth in China.
The Oil-Dollar pair skyrocketed 2.4% in the last session. The Ultimate Oscillator is giving a positive signal.
WTI/USD exploded 2.4% in the last session.
The Ultimate Oscillator is giving a positive signal.
Support: 79.4033 | Resistance: 82.6233
The Bitcoin-Dollar pair exploded 4.6% in the last session. The Stochastic indicator is giving a positive signal.
BTC/USD skyrocketed 4.6% in the last session.
The Stochastic indicator is currently in positive territory.
Support: 584861 | Resistance: 627381
Apple’s shares rose 2.5% to a record high after Morgan Stanley raised its price target on the iPhone maker’s shares and designated the stock as a “top pick,” citing the company’s AI efforts as a boost to device sales.
Britain’s FTSE 100 closed lower, pressured by weaker commodity prices and U.S. political uncertainty, while shares of luxury retailer Burberry plunged to a 14-year low. The blue-chip FTSE 100 index fell 0.85%, while the mid-cap FTSE 250 dipped 0.1%.
