ADVFN US – Market Content Editor
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Nike Shares Jump on Positive Outlook as CEO Highlights Progress in Turnaround Efforts
Nike’s (NYSE:NKE) stock surged over 9% in premarket trading Friday after the company reported fiscal fourth-quarter results that exceeded analyst expectations. CEO Elliott Hill’s comments during the earnings call, expressing confidence that the business is on an upswing, helped fuel investor enthusiasm. Hill declared, “It’s time to turn the page,” signaling optimism about the company’s…
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Gold Prices Slip Toward Four-Week Low as Israel-Iran Truce Holds and Inflation Data Looms
Gold prices declined modestly in Asian markets on Friday, nearing their lowest levels in almost a month. The sustained ceasefire between Israel and Iran eased geopolitical uncertainties, reducing the metal’s appeal as a safe-haven asset. Meanwhile, market focus shifted toward upcoming U.S. inflation figures, which could impact Federal Reserve policy decisions. Spot gold dropped about…
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Oil Prices Gain Slightly as Middle East Tensions Ease, But Weekly Losses Remain Significant
Oil prices experienced a modest uptick in Asian trading on Friday, supported by indicators of steady demand in the United States. Yet, both Brent and West Texas Intermediate (WTI) benchmarks are still set to close the week with substantial losses, reflecting diminished worries about supply disruptions in the Middle East. By 21:10 ET (01:10 GMT),…
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Dow Jones, S&P, Nasdaq, U.S. Stock Futures Tick Higher as Investor Confidence Builds; Eyes on Inflation and Fed Signals
U.S. equity futures pointed to a strong start on Wall Street Friday morning, as easing global tensions and supportive trade signals helped lift market sentiment. By 03:33 ET, Dow Jones futures were up 149 points (0.3%), while S&P 500 and Nasdaq 100 futures rose 0.3% and 0.4%, respectively. Optimism Grows Amid Geopolitical Calm and Trade…
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Dollar Falters as Euro Advances; Market Awaits U.S. Inflation Data
The U.S. dollar made a slight move upward in early Friday trading but stayed pinned near its lowest levels in over two years, weighed down by fading geopolitical tensions and improving global trade sentiment. In contrast, the euro continued to strengthen, supported by upbeat inflation figures from key eurozone economies. Dollar Faces Headwinds from Easing…
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Nasdaq, S&P 500 Close Just Shy Of Record Highs
After ending the previous session little changed, stocks showed a strong move to the upside over the course of the trading day on Thursday. With the upward move, the Nasdaq and the S&P 500 ended the day just shy of their record closing highs. The major averages all posted strong gains on the day. The…
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Julong Holding Shares Surge 55% in Debut on Nasdaq
Julong Holding Limited (NASDAQ:JLHL) made a strong market entry Thursday, with its stock climbing 55% above its IPO price to close at $6.21 per share. The company initially priced its offering at $4.00 per share. The firm, known for delivering smart integrated solutions, sold 1.25 million Class A ordinary shares during its public offering, raising…
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Aldeyra Shares Climb on FDA Backing for PVRL Drug Trial Design
Aldeyra Therapeutics Inc. (NASDAQ:ALDX) saw its stock rise by 8% after announcing a key agreement with the U.S. Food and Drug Administration (FDA) concerning its planned clinical trial for ADX-2191, a treatment candidate for primary vitreoretinal lymphoma (PVRL), a rare and aggressive eye cancer. The company received a Special Protocol Assessment (SPA) Agreement Letter from…
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Goldman Sachs Stock Reaches Record High on Buybacks and Market Momentum
Goldman Sachs Group Inc. (NYSE:GS) has reached a new all-time high, with shares climbing to $672.46. This milestone reflects a strong 50.42% gain over the past year, underscoring growing investor confidence in the global financial powerhouse. The firm’s surge has been fueled by a mix of strategic initiatives, including aggressive stock buybacks and a favorable…
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Disney Shares Climb to 52-Week High, Fueled by Strategic Deals and Analyst Optimism
The Walt Disney Company (NYSE:DIS) stock surged to a new 52-week peak of $120.67, bringing its market capitalization to $216 billion. The milestone reflects a strong year of gains, with shares rising 18.4% over the past 12 months, underpinned by a 5.4% revenue growth and a price-to-earnings ratio of 24.3. Disney’s solid performance is being…