ADVFN US – Market Content Editor
-
Gold Edges Lower as Weaker Dollar Offsets Fed Rate-Hike Expectations
Gold prices moved slightly lower on Tuesday after rising earlier in the session, as a weaker U.S. dollar provided some support while investors assessed expectations for a Federal Reserve interest-rate increase and upcoming U.S. inflation data. At 03:15 ET (07:15 GMT), XAU/USD was down 0.1% at $4,402.49 an ounce, while Gold Futures declined 0.7% to…
-
Oil Nears $100 as Markets Assess Fed Rate Expectations and Iran Tensions: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were mixed on Tuesday as investors returned from the Labor Day holiday and assessed higher oil prices, rising bond yields, upcoming economic data and expectations for the Federal Reserve’s September policy meeting. Developments in the Middle East also remained in focus, while markets continued to assess a stronger-than-expected August U.S. employment report.…
-
U.S. Federal Interest Costs Reach $1.25 Trillion as Debt Burden Rises
U.S. federal net interest payments reached $1.25 trillion in 2025, equivalent to 18.5% of federal revenue, according to an analysis by investment management firm DoubleLine. The ratio surpassed the previous high of 18.4% recorded in 1991. The increase comes as total U.S. national debt has reached approximately $40 trillion and borrowing costs remain elevated compared…
-
Dow Futures Fall as Markets Assess Fed Rate Expectations and Higher Oil Prices
U.S. stock futures were mixed early Tuesday as investors returned from the Labor Day holiday and assessed higher oil prices, recent employment data and expectations for the Federal Reserve’s September policy meeting. Dow Jones Futures fell 0.8% to 53,034.0 points by 03:13 ET (07:13 GMT), while S&P 500 Futures declined 0.2% to 7,704.75 points. Nasdaq…
-
Novo Nordisk Semaglutide Trial Shows 40.4% of Children Moved Below Obesity BMI Threshold
Novo Nordisk (NYSE:NVO) said on Monday that 40.4% of children with obesity who received once-weekly semaglutide in its phase 3 STEP Young trial achieved a body mass index below the obesity threshold after 68 weeks. The study enrolled 165 children aged 6 to under 12 with obesity. Participants received either semaglutide or placebo alongside lifestyle…
-
Five Market Events to Watch This Week: U.S. Inflation, ECB Rates, Iran and Earnings
U.S. inflation figures, the European Central Bank’s interest-rate decision and developments in the Iran conflict are among the main events for markets this week, alongside earnings reports from Oracle (NYSE:ORCL) and Adobe (NASDAQ:ADBE). The U.S. trading week will be shortened by Monday’s holiday. Investors will then turn to economic data and central bank policy, with…
-
Novartis Shares Fall After Pelacarsen Misses Primary Goal in Late-Stage Heart Trial
Novartis AG (NYSE:NVS) shares fell more than 3% on Monday after the drugmaker said its experimental cardiovascular treatment pelacarsen did not meet the primary endpoint of a late-stage clinical trial. The company said on Friday that the Lp(a)HORIZON trial, which enrolled more than 8,000 patients with elevated levels of lipoprotein(a), or Lp(a), did not demonstrate…
-
At Least Five Killed in Amazon Prime Air Cargo Plane Crash at Miami Airport
At least five people were killed after an Amazon (NASDAQ:AMZN) Prime Air cargo aircraft overran a runway while landing at Miami International Airport on Sunday and struck several vehicles, according to local officials. Prime Air Flight 7598 overran the airport’s diagonal runway shortly before 2 p.m. EDT (1800 GMT), officials said at a news conference.…
-
Nvidia CEO Jensen Huang Says ‘AGI Has Arrived’ Following OpenAI GPT-6 Astra Launch
Nvidia (NASDAQ:NVDA) Chief Executive Jensen Huang said artificial general intelligence has arrived, pointing to OpenAI’s GPT-6 Astra as a milestone in the development of artificial intelligence systems. “AGI has arrived,” Huang wrote in a post on X on Sunday, congratulating OpenAI on the launch of Astra. OpenAI has described Astra as its most intelligent and…
-
Gold Falls Below $4,400 as U.S. Jobs Data Keeps Fed Rate Hike Expectations Elevated
Gold prices fell below $4,400 an ounce on Monday as stronger-than-expected U.S. employment data kept expectations for a Federal Reserve interest-rate increase elevated, while investors looked ahead to inflation figures due later this week. At 02:34 ET (06:34 GMT), spot gold fell 0.8% to $4,396.29 an ounce, while gold futures declined 0.8% to $4,441.85. Silver…