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Investing.com– The S&P500 closed at record highs Friday, after hitting unprecedented milestones intraday, spurred by ongoing optimism that a second Trump administration is likely to boost economic growth. At 4.00 p.m. ET (2100 GMT) the gained 0.4% to close at record high after briefly hitting a record 6,013.2. The also closed at…
The United States is preparing for civil unrest surrounding the election.Election Day itself isn’t as high of a risk as the postelection period, analysts say.While the 2022 midterms passed peacefully, tensions are higher during a presidential election. The turmoil that took place after the last US presidential election has left…
By Shariq Khan NEW YORK (Reuters) – U.S. oil producers Exxon Mobil (NYSE:) and Chevron (NYSE:) posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record high oil production cushioned the blow from a plunge in fuel margins. The two focused on expanding oil and gas production as…
Investing.com — Gold prices steadied just below record highs in Asian trade on Thursday as safe haven demand remained underpinned by anticipation of key economic cues and a tight U.S. presidential race. The yellow metal hit a series of record highs this week, largely shrugging off a stronger dollar as…
Investing.com– Gold prices hit a record high in Asian trade on Wednesday as safe haven demand was boosted by increased political uncertainty in the U.S. and Japan, as well as anticipation of more cues on interest rates. The yellow metal had a slow start to the week as a less…
By Joanna Plucinska LONDON (Reuters) – Europe’s major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and limited planes, with no sign of delivery delays from planemakers Boeing (NYSE:) and Airbus improving any time soon. While demand has remained stable, costs…
Investing.com– Gold prices hit a record high in Asian trade on Monday, extending a rally from last week as uncertainty over the U.S. election and anticipation of Israel’s retaliation against Iran fueled safe haven demand. Other precious metals also advanced, with silver in particular racing to a 12-year peak, while…
Investing.com– Gold prices hit a record high in Asian trade on Friday, benefiting from safe haven demand with just weeks left to a closely contested U.S. presidential election, while an interest rate cut by the European Central Bank also helped. rose 0.4% to a record high of $2,705.26 an ounce,…
By Jatindra , Saurabh Sharma and Ira Dugal ODISHA, India (Reuters) – Nearly two years of elevated food inflation in India is leaving less in the lunch boxes of impoverished children, as government funded school meals suffer cutbacks because of rising prices of vegetables, fruits and pulses. The three-decades old…
By Sarah El Safty and Muayad Kenany DUBAI/NAJAF, Iraq (Reuters) – A bumper harvest and a hefty grain surplus in Iraq, typically one of the Middle East’s biggest wheat importers, has left the government with the prospect of a net loss of nearly half a billion dollars, according to Reuters…