Gold getty The gold stock ETFs and the silver stock ETFs have dropped from this year’s highs but they’re still up from this time last year. That Costco is now limiting customers to one purchase of a gold bar rather than two is some real background: the expectation remains that tariff-related inflation will lead to
Gold getty The gold stock ETFs and the silver stock ETFs have dropped from this year’s highs but they’re still up from this time last year. That Costco is now limiting customers to one purchase of a gold bar rather than two is some real background: the expectation remains that tariff-related inflation will lead to
Investors cheered President Trump’s tariff reductions and deals with trading partners China and the UK, but Wall Street points out that the tariff rates are still relatively high. “The US effective tariff rate remains significantly higher than it was at the start of the year,” Solita Marcelli, chief investment officer Americas for UBS Global Wealth
Investors cheered President Trump’s tariff reductions and deals with trading partners China and the UK, but Wall Street points out that the tariff rates are still relatively high. “The US effective tariff rate remains significantly higher than it was at the start of the year,” Solita Marcelli, chief investment officer Americas for UBS Global Wealth
Walmart (WMT) shares rose about 2% premarket after the company reported mixed earnings and said it would hike prices to navigate President Trump’s tariffs. America’s largest retailer has been seen as well-positioned to weather tariffs, as around 60% of its sales are in groceries, Yahoo Finance’s Brooke DiPalma reported. Its size also means it has
US stock futures diverged early Friday after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT). S&P 500 (ES=F) futures edged up 0.1%, while Nasdaq 100 futures (NQ=F) rose 0.3%. Dow Jones Industrial Average futures (YM=F) fell 0.3%, after the index led a broad Wall Street slide on Thursday. The
Amazon’s MGM Studios (AMZN) is getting creative control of the storied “James Bond” franchise as the company looks to deepen its position in the streaming wars, the company announced on Thursday. The studio will form a joint venture to acquire the intellectual property rights from producers Barbara Broccoli and her stepbrother Michael Wilson. The pair,
US stocks pulled back on Thursday as investors scrutinized Walmart (WMT) earnings and trod carefully amid the fallout from President Trump’s planned tariffs and policy shifts. The S&P 500 (^GSPC) dropped 0.6% after the benchmark closed at a record high for the second day in a row on Wednesday. The Dow Jones Industrial Average (^DJI)
Stocks rose Thursday as Wall Street took in signals that pointed to a still-strong US consumer and labor market. The Nasdaq Composite (^IXIC) popped almost 1.2%, while the benchmark S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) rose about 1%. In focus early Thursday were earnings from retail giant Walmart (WMT), as well