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Breaking News
Nov 10, 2022
  • U.S. initial jobless claims rose 7,000 to 225,000 for the week ending November 5 and on a seasonally adjusted basis claims gained 19,054 to 205,027.
    • Cryptocurrency exchange FTX, valued at $32 billion a few months ago, is likely to collapse after the rival Binance walked away from the rescue deal.
      • The S&P 500 soared 5.5% and the Nasdaq Composite jumped 7.4%, best one-day gain since April 2020, after October inflation moderated to 7.7%.
        • Gold jumped $49.50 or 2.9% to $1,755 an ounce after the dollar dropped the most against a basket of currencies in 13 years.
          • ZipRecruiter soared after the company expanded its share repurchase program.
            • Six Flags said attendance fell 33% to 8 million and per capita guest spending rose 17% to $61 in the third quarter.
            • Nov 8, 2022
              • Eurozone retail sales in September increased 0.4% from August after struggling in previous three months.
                • French trade deficit in September soared to
                  • Luxury goods makers LVMH and Hermes declined after China reported rising coronavirus cases in Guangzhou, China.
                    • Danish costume jewelry retailer Pandora soared 8% after sales increased 10% to DKK 5.2 billion and the company reiterated its annual outlook.