The Kospi Index moved deeper into correction as the biggest South Korean stocks resumed their freefall. It plunged to 6,806, its lowest level since May 4, and 26% below its highest point this year. This sell-off will likely continue this week as the South Korean Central Bank is expected to hike rates and geopolitical tensions
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China’s technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year. This article examines the key catalysts expected to drive Hong Kong stocks this week. Hang
Goldman Sachs stock has pulled back more than 6% from its year-to-date high and has gradually formed a risky chart pattern ahead of its second-quarter earnings on Tuesday. The stock was trading at $1,055 and appears vulnerable to further downside despite expectations for strong earnings. Goldman Sachs stock is at risk of falling after earnings
The Roundhill Memory ETF (DRAM) slumped by over 8% in the pre-market session as the volatility in the industry escalated. It dropped to $937, down by 25% from its highest point this year. SK Hynix stock crashed in South Korea DRAM ETF is a relatively new fund that was launched in April to give investors
GE Aerospace stock has rallied strongly over the past year, gaining about 43% as robust demand for commercial aviation and sustained defense spending in the United States and other key markets continued to support growth. The stock was trading at around $359 in pre-market trading, with investors awaiting the company’s earnings report for fresh insight
UnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision to boost Medicare Advantage payments by a larger-than-expected rate. UNH jumped and peaked at $434 last week, up by 66% from its lowest point this year. This surge mirrored that of other health
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped by 50% from its highest point this year, with the market capitalization falling from over $18.40 billion in May to the current $9.28 billion, and technicals suggest that it has more downside to go. The
West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and open interest rising to $113 million and $222 million, respectively. Brent rose to $78, with a trading volume of $63 million. Iran closes Strait of
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387. This article highlights some of the top catalysts for South Korean stocks this week. Kospi Index chart | Source: TradingView Kospi Index to react
Bitcoin price has held steady in the past few days, moving from this month’s low of $57,725 to the current $64,000. It has flipped a crucial resistance level into support and formed a bullish pattern, pointing to more gains as the Crypto Fear and Greed Index rises. Bitcoin price rises as the Crypto Fear and