Western Union levels up 0.6% in yesterday's session; traders eye opening bell in 3 days time

Published: May 27 2023, 08:21 GMT+0

Western Union levels up 0.6% in yesterday's session; traders eye opening bell in 3 days time

A quick look at yesterday: Western Union Co recovered from the previous trading session's losses and went up to $11.71 yesterday after it traded lower at $11.45.

On the flip side, Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

This rally in Western Union's share price coincided with other financials stocks as American Express added 4.08% to its value, and traded at $157.24. Goldman Sachs traded at $332 after closing yesterday's trading day at $323.88 (up 2.51%). The Blackstone Group Inc. gained 2.6%, as it traded at $85.7.

The international money transfer firm reached a significant high of $18.14 around 11 months ago but has lost 35.83% since then.

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