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Russell 2000 leads the way with a gain of 1% The S&P and NASDAQ are both closing at record high levels. S&P and NASDAQ up for the fourth consecutive day Russell 2000 leads Way with a 1% gain Dow rises for the second consecutive day NASDAQ index closed above the 15,000 level for the first
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Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its policy to prohibit “sexually explicit conduct,” starting Oct. 1 — which has caused backlash
Capacity utilisation at domestic refineries rose to 91% in July compared to 83% a year earlier as fuel demand returned after lockdown restrictions were eased. The average utilisation at , the nation’s largest refiner, increased to 96% from 91% in July last year, as per the official data. , the owner of the world’s largest
Commodity currencies suffered last week but Canadian dollar was the worst performer. Loonie declined -2.93% in the past week, making it the weakest amongst major currency pairs. Other than the broad-based strength in US dollar amidst speculations of early taper by the Fed, the sharp selloff in crude oil price was the ultimate reason driving
In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom shares fell Tuesday after the department store chain reported fiscal second-quarter sales remained below pre-pandemic levels. Compared with a year earlier, sales more than doubled, as shoppers used Nordstrom’s anniversary sale as
Gold holds on above the psychological $1800 level in the count down to Fed’s Powell on Friday. The US dollar is consolidating ahead of the event, licking would at critical support in DXY near 92.80. Update: Gold (XAU/USD) extend the previous day’s weakness to refresh intraday low around $1,795, down 0.45% on a day during
NASDAQ and S&P up for the fourth consecutive day The US stocks opened and after a few minutes of trading, the major indices are trading higher. The gains are led by the NASDAQ index which has extended to a new record high. A snapshot of the market currently shows: Dow industrial average up 80 points
Richmond Fed manufacturing index (August) 9 vs 25 estimate Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT Written Fed manufacturing index for August 2021 Prior report was 27 (expected 20). Unrevised at 27 Shipments 6 versus 21 last month. New orders five versus 25. Number of employees 18 versus
New Delhi: Gold in the national capital on Tuesday jumped Rs 170 to Rs 46,544 per 10 grams despite rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,374 per 10 grams. Silver also gained Rs 172 to Rs 61,584 per kg, from Rs 61,412 per kg
New Zealand Dollar rises broadly today after a top RBNZ official indicated that the decision to refrain from rate hike was mainly due to communication difficulty. Instead, the central bank is actively considering a 50bps hike. Strong rebound in Asian stocks also supported other commodity currencies, but positive sentiment is not much carried through to
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Best Buy said Tuesday fiscal second-quarter sales rose nearly 20% as consumers upgraded devices and equipment and permanently embraced habits formed over the past year — from hybrid work to
Gold gained some positive traction during the early North American session and climbed to near three-week tops, around the $1,809 area in the last hour, albeit lacked follow-through. Worries that the continuous surge in the Delta variant infections could threaten the global economic recovery. The concerns drove some flows towards traditional safe-haven assets, including gold.
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