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FX traders heed Draghi "don't short" advice on euro
LONDON - European Central Bank chief Mario Draghi's warning not to bet against the euro has given traders pause and should see the currency rise in coming weeks though any delay in implementing anti-crisis measures will see it punished.
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Standard Chartered Falls Most in 24 Years on Iran Probe
Standard Chartered Plc (STAN) fell the most in almost 24 years as an analyst estimated it may face costs of $5.5 billion after being accused of violating U.S. money laundering laws over its dealings with Iranian banks.
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Oil Near Two-Week High on U.S. Supplies; Brent Tops $110
Crude climbed to the highest level in more than two months after better-than-estimated corporate earnings bolstered optimism that economic growth will accelerate.

 

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Business News
  • Market Close Report: NASDAQ Composite index closes at 7,950.04 down -6.07 points
    Wednesday s session closes with the NASDAQ Composite Index at 7 950 04 The total shares traded for the NASDAQ was over 2 31 billion Declining stocks led advancers by 1 17 to 1 ratio There were 1409 advancers and 1645 decliners for the day On the NASDAQ Stock Exchange 33 stocks reached a 52
  • Tompkins Financial Corp (TMP) Shares Cross Below 200 DMA
    In trading on Wednesday shares of Tompkins Financial Corp Symbol TMP crossed below their 200 day moving average of 83 14 changing hands as low as 82 92 per share Tompkins Financial Corp shares are currently trading off about 0 3 on the day The chart below shows the one year performance
  • DTV Crosses Below Key Moving Average Level
    In trading on Wednesday shares of DTE Energy Co Symbol DTV crossed below their 200 day moving average of 52 36 changing hands as low as 51 96 per share DTE Energy Co shares are currently trading down about 1 6 on the day The chart below shows the one year performance of DTV shares
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