Author: Matthew Collom
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Becoming the largest conflict-free tungsten supplier in the world
If you’ve been following critical minerals, here’s why tungsten, and Almonty Industries (NASDAQ: ALM, TSX: AII, ASX:AII), should be on your watchlist. This article is being disseminated on behalf of Almonty Industries, a third-party issuer and is intended for informational purposes only. 1. A Critical national security metal Tungsten is officially classified as a critical mineral by…
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Stock Market Closes Lower Amid Renewed Economic Worries
The S&P 500 ended lower on Tuesday as unexpected weakness in U.S. services sector data raised fresh concerns about the strength of the economy, just as the corporate earnings season continues. At the closing bell (4:00 p.m. ET), the Dow Jones Industrial Average slipped by about 62 points, or 0.1%. The S&P 500 dropped 0.4%,…
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U.S. Stocks Edge Higher as Palantir Shines, Trade Deficit Shrinks
U.S. stock futures traded slightly higher on Tuesday, steadying after recent market swings as investors digested more corporate earnings reports. At 09:35 ET, the Dow Jones Industrial Average rose 60 points (0.1%), while the S&P 500 and NASDAQ Composite each gained 0.1%. Markets rallied on Monday, rebounding from last week’s sharp decline driven by renewed…
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Markets Rebound: S&P 500 Climbs on Renewed Hopes for Fed Rate Cuts, Tech Stocks Lead
U.S. equities advanced sharply on Monday, reversing steep losses from Friday as investor confidence grew around the prospect of an earlier interest rate cut from the Federal Reserve. Gains in major technology firms, buoyed by strong earnings, helped fuel the rally. By the close of trading at 4:00 p.m. ET, the Dow Jones Industrial Average…
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U.S. stocks climb on rising rate cut hopes; earnings season heats up
U.S. stocks rebounded Monday, reversing Friday’s payroll-driven sell-off as investors grew optimistic about potential interest rate cuts. At 09:35 ET, the Dow Jones Industrial Average rose 268 points (0.6%), the S&P 500 gained 45 points (0.7%), and the NASDAQ Composite added 210 points (1%). Friday’s sharp decline saw the S&P 500 record its worst day…
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US Stock Market Outlook: Caterpillar, Palantir, and Cybersecurity in Focus as August Begins
August kicked off with a thud for Wall Street, as the Nasdaq and S&P 500 posted their worst weekly declines since late May. The Dow Jones Industrial Average fared even worse, notching its steepest weekly drop since early April. For both the Nasdaq and S&P 500, it marked the first time they fell below their…
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U.S. Stocks Slide Sharply on Weak Jobs Report; Amazon Disappoints
U.S. equities dropped sharply on Friday following disappointing jobs data and mixed corporate earnings from major tech firms, including Amazon and Apple. Markets also reacted to a fresh wave of tariff announcements from the White House. As of 09:35 ET, the Dow Jones Industrial Average was down 480 points, or 1.1%, the S&P 500 dropped…
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U.S. Stock Futures Drop Amid New Tariffs, Amazon Miss; Eyes on Jobs Report
U.S. stock futures declined Friday evening as investors weighed the impact of newly announced tariffs from former President Donald Trump, disappointing earnings from Amazon, and awaited key labor market data. As of 05:55 ET, Dow Jones futures were down 375 points (-0.9%), S&P 500 futures lost 55 points (-0.9%), and Nasdaq 100 futures slipped 218…
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Stock Market Today: S&P 500 Slips After Touching Record Highs Despite Microsoft, Meta Surge
The S&P 500 closed slightly lower Thursday after briefly hitting a new intraday high, as strong earnings from Microsoft and Meta Platforms failed to offset broader market weakness. At 3:08 p.m. ET, the Dow Jones Industrial Average dropped 330 points, or 0.7%. The S&P 500 slipped 0.01% after reaching a record 6,427.02 earlier in the…
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U.S. Markets Rally on Strong Meta and Microsoft Earnings; Economic Data in Focus
U.S. equities climbed on Thursday, driven by impressive earnings from tech heavyweights Microsoft and Meta Platforms, as investors absorbed a wave of economic updates. As of 9:35 AM ET, the Dow Jones Industrial Average rose by 100 points, or 0.2%. The S&P 500 advanced 48 points, or 0.8%, while the tech-focused NASDAQ surged 270 points,…