Gold steadied after a volatile session on Wednesday as traders assessed the outlook for Jerome Powell’s tenure as Federal Reserve chair after more speculation that President Donald Trump may axe him. Bullion was below $3,350 an ounce after rising 0.7% in the previous session. The president said he’s “not planning on doing anything” to remove
Crude oil prices opened weaker today following Wednesday’s release of U.S. oil inventory data that confirmed API’s estimate of a build. Regardless of the fact that the build, at 3.8 million barrels as estimated by the EIA, followed several weeks of draws, it pushed prices lower in the last trading day before the July 4th
US Stock Market Live: Futures on Wall Street are currently pointing to a negative start to Tuesday’s trading session, even as investors brushed aside concerns arising from the Moody’s downgrade. Monday’s session saw the resultant gap-down from the downgrade being swiftly bought into, as benchmark indices recovered all their losses to end above the flat
US Stock Market Highlights: The S&P 500 rose for a fourth consecutive session on Thursday (May 15), buoyed by easing trade tensions between the US and China after both sides agreed to temporarily cut tariff rates. A dip in Treasury yields also provided support to equities. The benchmark index gained 0.41% to close at 5,916.93.
US Stock Market Live: US stock futures, particularly the Dow Jones are trading under pressure, as the risk-on rally appeared to have faltered on Wall Street. The Dow Jones futures are down 200 points, while those on the S&P 500 and Nasdaq are trading just below the flat line. The S&P 500 and Nasdaq gained
US Stock Market Updates: The S&P 500 climbed 0.72% to close at 5,886.55 on Tuesday (May 13), recovering into positive territory for the year as easing US-China trade tensions lifted investor sentiment for a second straight session. The tech-heavy Nasdaq Composite outperformed, jumping 1.61% to end at 19,010.08, powered by strong gains in chip stocks.
US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the
US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the
US Stock Market LIVE: US stocks are rallying on Thursday (May 8) after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries, the first of what Wall Street hopes will be enough agreements to keep a recession from hitting the economy. The
US Stock Market Live: Futures on Wall Street erased early losses and are now trading around the flat line after the US Federal Reserve, on expected lines, left interest rates unchanged overnight. The Dow futures are 20 points lower, while the S&P 500 and Nasdaq futures are at the flat line. Goldman Sachs has raised