Tag: market
Gold Down, Set For Second Consecutive Monthly Loss as Dollar Strengthens
Gold was down on Tuesday morning in Asia. A strengthening dollar and rising U.S. Treasury yields impacted demand for the U.S. currency-priced yellow metal,...
European Stocks Higher; China’s COVID News, Spanish Inflation in Focus
European stock markets traded higher Monday, helped by gains in Asia as major Chinese cities begin to ease mobility restrictions even as elevated Spanish...
Gold Up, Dollar Down as Asian Risk Appetite Grows
Gold was up on Monday morning in Asia, firming in volatile trading. A weaker dollar gave the yellow metal a boost, but a move...
Equities rise, yields fall after data shows U.S. inflation may have peaked
By Elizabeth Dilts Marshall NEW YORK (Reuters) - World shares rose and the yield on benchmark U.S. Treasuries weakened on Friday after data showed that...
Gold prices slip as Fed affirms aggressive policy stance
Gold prices slipped on Thursday as the U.S. Federal Reserve's aggressive monetary policy tightening plan dimmed the metal's appeal, with additional pressure from a...
Dow Futures Rise 120 Pts; Nvidia Guidance Weighs on Tech Sector
U.S. stocks are seen opening marginally higher Thursday, with the tech-heavy Nasdaq underperforming after a disappointing update from influential chipmaker Nvidia. At 7 AM ET...
Morgan Stanley Prefers US Small Caps Over Large Caps
In a note on SMID caps released Friday, Morgan Stanley equity strategist Michelle Weaver said the firm currently prefers US small caps over large...
Hope Blooms for China Stocks as Analysts Stop Cutting Estimates
(Bloomberg) -- A stabilization in earnings expectations is adding to optimism that the worst may be over for China’s beleaguered stocks. Analysts have stopped cutting...
Wall St ends down with strong jobs data keeping the pressure on for rate hikes
By Sinéad Carew, Devik Jain and Anisha Sircar (Reuters) - Wall Street's three major stock indexes ended lower on Friday after a solid jobs report...
Analysis – Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
By Ben Klayman and Joseph White (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary...
Exclusive – Tesla’s Musk feels ‘super bad’ about economy, needs to cut 10% of salaried staff
SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of...
Texas school shooting victims take action against gunmaker
By Tom Hals (Reuters) -The father of a 10-year-old girl slain in the Uvalde, Texas, school shooting and a school employee have taken initial steps...