Defense contractor Lockheed Martin lifted its annual profit and sales forecasts, but shares slid 5%. Maryland-based company now expects per-share profit of $26.65 for 2024, above its earlier forecast of $26.10 to $26.60.
The last session saw Microsoft’s stock gain 2.4%. The CCI indicates an overbought market.
Microsoft’s stock gained 2.4% in the last session.
The CCI points to an overbought market.
Support: 409.15 | Resistance: 446.53
The Euro-Dollar pair saw a minor dip of 0.1% in the last session. The RSI indicates an oversold market.
EUR/USD corrected downwards by 0.1% in the last session.
The RSI points to an oversold market.
Support: 1.0741 | Resistance: 1.0868
Oil prices rose nearly 2%, recouping some of last week’s more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
The Oil-Dollar pair exploded 1.4% in the last session. The MACD is giving a negative signal.
Support: 66.981 | Resistance: 72.471
The dollar climbed, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can afford to be patient in cutting rates while investors positioned for the Nov. 5 presidential election.
The Aussie fell 0.8% against the Dollar in the last trading session. The ROC is giving a negative signal.
Support: 0.656 | Resistance: 0.6773
Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to CoinShares. Digital investment products continue on a positive trend amid optimism over a potential Republican election win in the United States election, CoinShares said .
