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The Australian Dollar rebounded sharply last week after Chinese authorities’ pledge to support the economy boosted market sentiment. A robust Australian jobs report also lifted the commodity currency. more...
In trading on Friday, shares of Microsoft crossed above their 200 day moving average of $300.84, changing hands as high as $301.00 per share. more...
From their continued gains in the stock market to their $143 in revenue over the last fiscal year, Microsoft has had one lucky break after the other. What does this mean for their stock prospects? Our AI can answer that. Microsoft Corp closed down 0.9% on Wednesday, ending the midweek at $220.86 on volume approaching 23 million trades. Overall, the stock is up almost 38.6% for the year, in spite (or rather, because of) the pandemic. ...
Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month. more...
The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.5%. Stocks jumped after a bigger-than-expected increase in jobs last month: The Labor Department reported that 4.8 million jobs were added in June—more than the 2.9 million expected. The unemployment rate fell to 11.1%, down from 13.3% in May. The jobs data for June was collected ...
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