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Gold extended its upward momentum on Tuesday, marking a third straight session of gains following last week’s notable rebound. Spot gold rose 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. Meanwhile, U.S. gold
SpaceX shares sank 13.6% on August 5 and closed at $108.27. The selloff followed the company’s first quarterly report since its June initial public offering. Investors weighed strong revenue growth against $18.37 billion in capital spending during the quarter. Artificial
Gold stayed close to a seven-week high on Thursday after its largest daily advance since February. Spot gold gained 0.5% to $4,265.22 an ounce by 0330 GMT. The metal had surged 4.4% during Wednesday’s session. December U.S. gold futures rose
The U.S. dollar remained sharply lower against the Japanese yen on Tuesday after a rapid reversal in foreign exchange markets. The yen traded near 157.35 per dollar during early Asian hours. It had reached about 155.20 on Monday, its strongest
U.S. stocks rose sharply Monday as large technology companies advanced and crude oil prices fell. The Dow Jones Industrial Average gained 693.38 points, or 1.32%, to close at a record 53,178.41. The S&P 500 climbed 1.48% to 7,600.50. The Nasdaq
The US hits 60 countries with new duties as Donald Trump rebuilds tariff wall, implementing a sweeping set of import taxes that range between 10 percent and 12.5 percent. These latest levies officially took effect early Friday, seamlessly replacing a
Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached
WASHINGTON, D.C. / RankWire.AI / – U.S. consumer prices fell 0.4 percent in June, reversing a sharp monthly increase recorded in May. Annual inflation slowed to 3.5 percent from 4.2 percent one month earlier. The June decline marked the largest
Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose
