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April 29, 2023
A quick look at yesterday: pronounced bearish sentiment in the market pushed the enterprise IT company into a notable 0.34% slide yesterday, falling 32 cents and ultimately closing at $94.72.
While price action maintains a negative bias, United States Core PCE Price Index (MoM) (Mar) released yesterday at 12:30 UTC with a figure of 0.3, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 236,400, while the previous figure was 244,600. Fresh CFTC Gold speculative net positions data from United States came out at 185,300.
Oracle was not the only decliner in the technology sector; Sony Group Corporation went down to $89.67, losing 5.7% after it closed at $95.09 yesterday.
On the other hand, positive performances could be seen by looking at other technology stocks as Intel traded at $31.06 after closing yesterday's trading day at $29.86 (up 4%). Intuit traded at $443.95 after closing yesterday's trading day at $429.16 (up 3.45%).
The stock has been trending positively for about a month. The enterprise IT company is up 55.62% from the significant low of $61.07 it hit 6 months ago.
