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Few high-impact events are expected in the coming days, with a shorter trading week in the U.S. due to the Thanksgiving holiday. This could lead to some consolidation of the most recent market moves. ....
USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year. ....
S&P 500 turns lower after failing to clear trendline resistance at 4,140, a sign that bullish momentum may be vanishing just as sentiment begins to sour again. ....
Provided by Dow Jones Stocks Tumble as Delta Variant Sends Investors to Bonds U.S. stock indexes, oil prices and government-bond yields slid, amid concerns that the spread of the Delta coronavirus variant would hold back the global economy. Oil Prices Slide on Fears Delta Variant Will Crunch Demand Crude falls alongside stocks and government-bond yields as traders fret about a possible economic slowdown. U.S. Coronavirus Recession Lasted Two Months, Ended in April 2020 The announcement from the National Bureau of Economic Research also marks April as the official start of the economic recovery from the initial shock of the Covid-19 pandemic last spring. ....