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Notable Two Hundred Day Moving Average Cross - PXJ

2 days 11 hours ago
In trading on Wednesday, shares of the Invesco Oil & Gas Services ETF (Symbol: PXJ) crossed below their 200 day moving average of $42.52, changing hands as low as $41.16 per share. Invesco Oil & Gas Services shares are currently trading down about 5.4% on the day. The

Meta raised €9B from its debut euro bond sale that drew a record €53B of orders, paying ~1.4x the risk premium Alphabet offered for similar bonds this week (Bloomberg)

2 days 11 hours ago

Bloomberg:
Meta raised €9B from its debut euro bond sale that drew a record €53B of orders, paying ~1.4x the risk premium Alphabet offered for similar bonds this week  —  Meta Platforms Inc. raised €9 billion from a debut euro debt bond sale that drew a record €53 billion of orders …

Democrats Clinch Huge Midterm Wins

2 days 11 hours ago
On the early edition of Balance of Power, hosts Joe Mathieu and Kailey Leinz discuss Dems sweep into power in Congress. On today's episode, Bloomberg reporters from key states along with Rep. Glenn Ivey (D-MD), member of Appropriations Committee, Fmr. Rep. Charlie Dent (D-PA), Rep. Joe Morelle (D-NY), Ranking Member, Committee on House Administration. Our political panel, Rick Davis, Partner at Stonecourt Capital and Bloomberg Politics Contributor & Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor also react to the results. Finally, Joe Lavorgna  Chief Economist at SMBC Nikko Securities, and Gautam Mukunda, lecturer at Yale School of Management and Bloomberg Opinion contributor react to the Democratic wins. (Source: Bloomberg)

Wheat Posting Modest Midweek Gains

2 days 11 hours ago
The wheat complex is posting higher trade on Wednesday. Chicago SRW contracts are up 4 to 5 cents across the front months. KC HRW futures are showing 1 to 3 cent gains at midday. MPLS spring wheat is up 1 to 2 cents in the front months on Wednesday. Census...