ADVFN US – Market Content Editor
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Gold Powers to Fresh Record Above $5,260/oz as Safe-Haven Demand Builds
Gold prices surged to new all-time highs on Wednesday, climbing beyond $5,200 an ounce as investors sought safety amid geopolitical tensions, policy uncertainty and a sharply weaker U.S. dollar. Spot gold briefly touched a record $5,266.38 per ounce, while April gold futures peaked at $5,297.86 per ounce. The rally was mirrored across precious metals, with…
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Fed Call and Earnings Wave Take Center Stage as Markets Brace for Volatility: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures were mostly higher early Wednesday as investors positioned cautiously ahead of a packed session featuring a key Federal Reserve policy decision and a heavy slate of corporate earnings. The Fed is widely expected to keep interest rates unchanged, while several mega-cap technology groups are set to report results after U.S. markets close.…
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S&P 500 Reaches Record Closing High But Dow Gives Back Ground
Following the upward move seen in the previous session, the major U.S. stock indexes moved in starkly opposite directions during trading on Tuesday. While the Nasdaq and the S&P 500 saw further upside, the narrower Dow showed a notable pullback. The Nasdaq jumped 215.74 points or 0.9 percent to a nearly three-month closing high of…
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Futures rise on tech earnings optimism despite UnitedHealth plunge ahead of Fed decision — Dow Jones, S&P 500 and Nasdaq
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Tuesday, with stocks likely to see further upside following the strength seen in the previous session. Tech stocks may help to lead an early advance on Wall Street, as reflected by the 0.6 percent increase by the tech-heavy Nasdaq 100…
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U.S. markets watch S&P home prices, consumer confidence, and $70 billion Treasury auction today
Standard & Poor’s is due to release its report on home prices in major metropolitan areas in the month of November at 9 am ET. The annual rate of home price growth is expected to dip to 1.2 percent in November from 1.3 percent in October. At 10 am ET, the Conference Board is scheduled…
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NEO Battery Materials positions itself for the battery revolution
By: Stefan Feulner, Apaton Artificial intelligence, autonomous systems, drones, and robotics are causing global energy demand to skyrocket. But this is precisely where the weak point of digitalization becomes apparent. Conventional lithium-ion batteries are reaching their physical limits in terms of charging time, energy density, and cost. NEO Battery plans to break through this bottleneck.…
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U.S. Stocks Move To The Upside Ahead Of Key Tech Earnings
Following the mixed performance seen during last Friday’s session, stocks moved mostly higher during trading on Monday. With the upward move, the major averages further offset the steep drop seen last Tuesday. The major averages moved to the downside going into the end of the day but remained in positive territory. The Dow advanced 313.69…
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Micron shares slip as Samsung moves closer to Nvidia HBM4 approval
Micron Technology (NASDAQ:MU) shares declined 2% on Monday after reports indicated that Samsung Electronics (KS:005930) is nearing certification from Nvidia (NASDAQ:NVDA) for its next-generation high-bandwidth memory chip, potentially positioning it as the first supplier to bring HBM4 to market. According to Bloomberg, Samsung has reached the final stage of Nvidia’s qualification process after delivering initial…
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Booz Allen Hamilton shares slide after U.S. Treasury scraps contracts
Shares of Booz Allen Hamilton (NYSE:BAH) dropped 8% on Monday after the U.S. Treasury Department said it had terminated all of its contracts with the consulting group, pointing to concerns around data security. The Treasury said it cancelled 31 individual contracts with Booz Allen Hamilton, amounting to about $4.8 million in annual spending and roughly…
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Trade Desk names Tahnil Davis interim CFO as shares slide
Shares of Trade Desk (NASDAQ:TTD) fell 4.8% after the company said it has appointed Tahnil Davis as Interim Chief Financial Officer. Davis will report directly to CEO and co-founder Jeff Green, taking over the role from Alex Kayyal. Alongside the leadership update, the digital advertising group reiterated its financial guidance for the fourth quarter. Trade…