ADVFN US – Market Content Editor
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Goldman Sachs Forecasts Copper Prices to Reach $15,600 per Tonne by December 2027
Goldman Sachs expects copper prices on the London Metal Exchange (LME) to reach $15,600 per tonne by December 2027, representing an increase of approximately 13% from current spot levels. The investment bank’s forecast follows a period of rising copper prices, with the metal trading at just under $10,000 per tonne during the previous year. Goldman…
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Gold Recovers Above $3,900 After 13-Month Low as Fed Rate Expectations Weigh on Weekly Performance
Gold prices rose on Friday, recovering above $3,900 per ounce after reaching a 13-month low in the previous session, although the precious metal remained on course for a weekly decline amid higher US Treasury yields, a firmer dollar and expectations of further Federal Reserve interest rate increases. Spot gold advanced 1% to $3,915.31 per ounce…
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Oil Prices Decline as Brent and WTI Head for Second Consecutive Weekly Loss
Oil prices declined on Friday, reversing gains recorded during the previous two sessions, as investors assessed developments in US-Iran relations, continued security risks in the Persian Gulf and recovering production among OPEC members. Brent crude futures fell 0.1% to $95.71 per barrel at 04:36 GMT, while US West Texas Intermediate (WTI) futures declined 0.4% to…
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US Stock Futures Edge Lower as Nvidia Leadership Changes Offset Cisco and Applied Materials Forecasts: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures traded slightly lower on Friday as investors assessed developments surrounding Nvidia (NASDAQ:NVDA), alongside financial updates from Cisco Systems (NASDAQ:CSCO) and Applied Materials (NASDAQ:AMAT), disruptions affecting Microsoft (NASDAQ:MSFT) services and movements in commodity markets. At 03:01 ET (08:01 GMT), Nasdaq 100 futures were down 74 points, or 0.3%, while S&P 500 futures…
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AI spending fears shake Wall Street as investors seek safety
Bruce Campbell and James Black examine AI spending fears, Wall Street volatility, gold prices, Fed policy and critical minerals opportunities.
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Nvidia CEO Exit Drags Wall Street Lower Despite Midday Rebound Attempt
U.S. stocks closed modestly lower on Thursday, with the major averages giving back an afternoon recovery as shares of Nvidia (NVDA) tumbled following the resignation of founder and CEO Jensen Huang. The chipmaker’s sell-off weighed heavily on the tech-heavy Nasdaq and the broader S&P 500, while gains in energy stocks and some of Nvidia’s chip…
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Small-cap stocks strengthen as mega-cap momentum fades
Bruce Campbell examines strengthening small-cap stocks, weakening mega-cap technology and shifting US market leadership in Markets in Motion.
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Nvidia Shares Fall 10% as Jensen Huang Resigns After 33 Years, Colette Kress Named Interim CEO
Nvidia (NASDAQ:NVDA) shares declined 10% on Thursday following the announcement that co-founder and Chief Executive Jensen Huang had resigned with immediate effect after 33 years leading the semiconductor company. The departure comes amid reports of allegations concerning Huang’s personal conduct and questions about corporate governance and potential national security implications. Nvidia announced that Executive Vice…
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US Initial Jobless Claims Rise to 200,000, Exceeding Economists’ Forecasts
Initial claims for unemployment benefits in the United States increased more than expected during the week ended November 7, 2026, according to figures released Thursday by the US Department of Labor. New applications for unemployment benefits rose by 9,000 to 200,000, compared with the previous week’s revised total of 191,000. Economists had anticipated an increase…
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US Stock Futures Decline as Nvidia Shares Fall 8.5% Amid CEO Uncertainty: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a lower opening on Thursday, suggesting that Wall Street could reverse some of the previous session’s gains as technology shares came under renewed pressure. Nvidia (NASDAQ:NVDA) fell 8.5% in pre-market trading after gaining 2.9% on Wednesday, following reports that the company’s board was considering the future of Chief Executive…