ADVFN US – Market Content Editor
-
Gold Continues To Rise Past $3,120, Hitting All-Time Peak
Gold prices (PM:XAUUSD) have soared above $3,120 per ounce on Monday morning, fuelled by concerns about the potential economic fallout of U.S. President Trump’s tariff war together with geopolitical worries. A fresh wave of investments into the safe-haven of the gold market has boosted the price . The spot gold price hit its all-time high…
-
Troubling Economic Data Leads To Sell-Off On Wall Street
Extending the pullback seen over the two previous sessions, stocks moved sharply lower during trading on Friday. The major averages came under pressure early in the session and saw further downside as the day progressed. The tech-heavy Nasdaq posted a particularly steep loss, plunging 481.04 points or 2.7 percent to a six-month closing low of…
-
U.S. Consumer Prices Up As Estimated In February
A report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of February, although core consumer prices rose by slightly more than expected. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen…
-
Dow Jones, S&P, Nasdaq, Inflation Data May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Friday, with stocks likely to extend the pullback seen over the two previous sessions. The futures came under pressure following the release of the Federal Reserve’s preferred readings on consumer price inflation. While the Commerce…
-
U.S. Stocks Fluctuate Before Closing Mostly Lower
After recovering from an initial move to the downside, stocks showed a lack of direction over the course of the trading session on Thursday. The major averages bounced back and forth across the unchanged line before eventually closing lower. With the lower close on the day, the major averages extended the sharp pullback seen on…
-
U.S. Economy Grew More Than Expected In Q4 of 2024
The U.S. economy grew by slightly more than previously estimated in the fourth quarter of 2024, according to revised data released by the Commerce Department on Thursday. The report said gross domestic product surged by 2.4 percent in the fourth quarter compared to the previously reported 2.3 percent jump. Economists had expected the pace of…
-
Dow Jones, S&P, Nasdaq, U.S. Stocks May Lack Direction Following Yesterday’s Pullback
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the sharp pullback seen in the previous session. While President Donald Trump’s announcement that he will impose 25 percent tariffs on auto imports…
-
U.S. Stocks Move Sharply Lower Amid Tech Sector Weakness
Stocks moved sharply lower over the course of the trading day on Wednesday, giving back ground after trending higher over the past few sessions. The tech-heavy Nasdaq led the pullback amid significant weakness in the technology sector. The major averages climbed off their worst levels going into the close but remained negative. The Nasdaq plunged…
-
U.S. Manufactured Durable Goods Orders Up Unexpectedly In February
New orders for U.S. manufactured durable goods unexpectedly increased in the month of February, according to a report released by the Commerce Department on Friday. The Commerce Department said durable goods orders climbed by 0.9 percent in February after spiking by an upwardly revised 3.3 in January. Economists had expected durable goods orders to slump…
-
Dow Jones, S&P, Nasdaq, Ongoing Tariff Uncertainty May Lead To Choppy Trading On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after trending higher over the past few sessions. Lingering uncertainty about President Donald Trump’s tariff plans may key some traders on the sidelines ahead…