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Investing.com– Gold prices rose on Wednesday, gaining more ground as safe haven demand was buoyed by heightened tensions over Russia and Ukraine, although resilience in the dollar limited overall gains. The yellow metal rebounded sharply from two-month lows this week, taking some relief from mild weakness in the dollar. But…
Investing.com– The S&P500 eked out a gain Wednesday, as Treasury yields rebounded from session lows despite in-line inflation data teeing up a December rate cut. At 4.00 p.m. ET (18:02 GMT), the rose 47 points, or 0.1%, the index was up 0.02%, while the fell 0.2%. US CPI data meet expectations…
By Niket Nishant, Manya Saini and Nupur Anand (Reuters) – The banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who are expected to ease capital rules and merger approvals, industry experts and analysts said. The President-elect’s picks…
Elon Musk has gone all in on supporting former President Donald Trump for reelection.Musk could gain influence at the federal level if Trump is elected president.It’s unclear what a Harris administration would mean for Musk and his business empire. The stakes are high for Elon Musk and his business empire…
By Lisa Pauline Mattackal (Reuters) – U.S. stock indexes slipped in choppy trading on Monday, as investors braced for a pivotal week for global markets in which Americans will elect a new president and the Federal Reserve is likely to cut its benchmark policy rate. Caution prevailed as the winner…
Investing.com– Oil prices fell in Asian trade on Monday, retreating after a flare-up in Middle East tensions sparked their biggest weekly gain in over a year, with focus squarely on the long-running Israel-Hamas war. Some positive U.S. payrolls data also aided oil’s rally last week, on bets that the economy…
Investing.com — The Dow eked out a gain Wednesday, underpinned by stronger jobs data but upside was limited by rising Middle East tensions. By 4:00 p.m. ET (2000 GMT), the contract rose 39 points, or 0.1%, the index was flat. and the gained 0.1%. ADP employment rises more than expected The ADP National…
By Tom Westbrook SINGAPORE (Reuters) -The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a 50-basis-point rate cut and flagged that its easing cycle would be measured. The hit a record high overnight and although it closed slightly lower, futures rose…
By Hyunjoo Jin SEOUL (Reuters) – Japanese products, from cars to beer, whisky and clothes, have been rising in popularity in South Korea, rebounding from consumer boycotts in 2019 on the back of improving bilateral relations and the cheaper yen. The monthly sales of Japanese cars, including Toyota Motor (NYSE:)…
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks particularly vulnerable during a market correction. Last month, Alphabet (NASDAQ:) Inc’s lost 4.7% of its market value as a slowdown in YouTube’s…
