miercuri, 10 februarie 2016

Market News - February 10th 2016

Federal Reserve Chair Janet Yellen will start later today the 2-days testimonial on Capitol Hill. The main topic will be the raising of interest rates.

Crude oil futures got higher by 2% reaching a level of above $28/barrel. This recover follows the 6% fall on Tuesday.

Disney shares (DIS) went down with 6%, even though ESPN got more subscribers and 'Star Wars' set a record box office totals.

ArmHoldings went down with 4,5% in London, the smartphone chip supplier suffering latley along with APPLE.

European bank stocks are recovering after the poor start of the year. Deutsche Bank set higher with 8%, because of the rumor of buying back few debts.

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