wall street

  1. syamfx2020

    DAILY MARKET REPORT - Friday, July 03, 2020 - US markets closed

    U.S. stock markets are closed Friday in observance of Independence Day. Both the New York Stock Exchange (NYSE) and NASDAQ will be closed on Friday. Overall trading becomes a bit subdued as the US is on holiday and expects low and unusual volatility in the global markets today. EQUITIES Asian...
  2. syamfx2020

    FedEx surprised Wall Street with stronger-than-expected earnings

    The U.S. package delivery giant FedEx (NYSE: FDX) reported better-than-expected fourth-quarter earnings results on Tuesday after the market close. While the company reported a loss of $334 million in its fiscal fourth quarter but its revenue surpassed the expectations as the Covid-19 pandemic...
  3. syamfx2020

    Wall Street retreats from the top, while dollar making new high

    Wall Street opened slightly higher today but look like the trend is changing. In the currency market, $DXY is trying to break 97. The Dollar boosted after US Consumer Sentiment reported stronger than expected. The consumer sentiment for the US rose to 78.9 in June 2020 from 72.3 in the previous...
  4. syamfx2020

    Tiffany sales down 45% due to store closures

    The luxury jewellery maker Tiffany & Co (NYSE: TIF) released its first-quarter 2020 results on June 9. The company worldwide net sales declined 45% due to the retail stores closed across the global markets over COVID-19 lockdowns. The New York-based company shut down two of their stores during...