FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
96,158,113Confirmed
2,049,612Deaths
68,201,616Recovered
Fetching Location Data…
Advertisement
Advertisement
David Becker
nasdaq

US stocks were mixed on Tuesday, with capital flowing into value and out of growth. Most sectors in the S&P 500 index were higher, led by consumer staples, technology bucked the trend. Crude oil prices moved higher on Wednesday following a larger than expected draw in oil inventories. The VIX volatility index was unchanged and is hovering near the 25% level, well off the highs made in March near 85, but still double the average seen in 2019. The JOLTs report showed that the number of new openings remained the same in September compared to August. Gold prices rebounded as the dollar eased, while yields remained buoyed.

ACA Likely to Remain In Tact

Several conservative Supreme Court justices on Tuesday joined liberals voicing skepticism that the entire Affordable Care Act must fall because Congress removed any penalty for failing to have insurance. Chief Justice John Roberts and Justice Brett Kavanaugh gave little credence to the highly technical arguments put forward by the ACA’s opponents.

Advertisement
Know where Gold is headed? Take advantage now with 

75% of retail CFD investors lose money

Advertisement

JOLTS Was Little Changed

The number of job openings was little changed at 6.4 million in  September, according to the US Labor Department. Hires and total separations were little changed at 5.9 million and 4.7 million, respectively. Within separations, the quits rate was little changed at 2.1 percent while the layoffs and discharges rate decreased to a series low of 0.9 percent.

Standoff Between Biden and Trump Could Create a Vacuum

Three days after the Associated Press and most media declared Mr. Biden the president-elect, the Trump administration has declined to make a typically routine technical designation that would grant the former vice president crucial transition resources. Mr. Biden’s advisers are urging the General Services Administration, to identify him as the winner of the election, arguing that Mr. Trump’s efforts to contest the results of the election have little chance of success.

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker

  • Your capital is at risk
IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US