ADVFN US – Market Content Editor
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Winter storm Fern expected to weigh heavily on U.S. growth in Q1
Winter storm Fern is likely to deliver a notable, though temporary, blow to U.S. economic activity, with Bank of America estimating a drag of between 0.5 and 1.5 percentage points on first-quarter GDP growth. In a client note, BofA analyst Aditya Bhave said the bank is drawing lessons from Winter Storm Viola in 2021, arguing…
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U.S. durable goods orders jump sharply, topping expectations
U.S. economic data delivered a positive surprise as new orders for durable goods rose far more than anticipated, pointing to renewed momentum in the manufacturing sector. Durable goods orders increased by 5.3%, comfortably above economists’ expectations of a 3.1% rise. The indicator tracks changes in the value of new orders placed with manufacturers for long-lasting…
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Wall Street futures signal largely flat start to the week: Dow Jones, S&P, Nasdaq
U.S. equity futures are pointing to a mostly unchanged open on Monday, suggesting a lack of clear direction after the mixed showing seen in the previous session on Friday. Market participants appear hesitant to take strong positions ahead of the Federal Reserve’s monetary policy decision due on Wednesday. While the central bank is broadly expected…
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Atlas Critical Minerals reports strong rare earth recoveries at Brazilian project
Atlas Critical Minerals Corporation (NASDAQ:ATCX) said on Monday that early-stage metallurgical testing at its Alto do Paranaíba Project in Brazil delivered recovery rates of up to 97% for magnetic rare earth elements. The announcement helped drive the shares up around 45% over the past week, although InvestingPro data indicates the stock is currently trading well…
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Sangdong: Past, Present And Future｜Inside Almonty Korea’s Tungsten Mine
Explore the past, present, and future of the Sangdong Mine — one of Korea’s most important tungsten mines — in this inside look at Almonty Korea’s redevelopment and revitalization efforts. In this video, we speak with long-time mine workers, community leaders, and locals to understand how Sangdong shaped the region, how the mine has changed…
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Five market themes to track in the coming week
Markets head into a pivotal week with a closely watched Federal Reserve rate decision at the forefront, heightened by fresh concerns over the central bank’s independence following a criminal investigation involving Chair Jerome Powell. At the same time, heavyweight technology companies are set to report earnings, with investors eager for clearer evidence that massive artificial…
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U.S. airline shares dip ahead of open as major winter storm disrupts travel
U.S. airline stocks traded modestly lower in premarket deals on Monday, as investors reacted to mounting disruption from a powerful winter storm sweeping across large parts of the country. Sub-freezing temperatures, snow and ice spread across wide areas of the U.S. over the weekend, leaving around 118 million people in the eastern third of the…
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USA Rare Earth shares jump on report of $1.6bn U.S. government investment
Shares in USA Rare Earth (NASDAQ:USAR) surged about 50% after reports said the Trump administration is preparing to invest $1.6 billion in the Oklahoma-based rare earths producer, in what would be the largest federal commitment yet to the U.S. critical minerals industry. According to the Financial Times, the investment would leave the U.S. government with…
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Gold hits fresh highs above $5,100/oz as investors pile into safe havens
Gold pushed decisively above the $5,100 an ounce mark on Monday, extending last week’s powerful rally as investors sought refuge in the precious metal amid intensifying geopolitical uncertainty. Spot gold climbed almost 2.5% to a new record of $5,111.11 an ounce by 18:52 ET (00:52 GMT). U.S. gold futures mirrored the move, rising 2.5% to…
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Oil prices steady as markets balance geopolitical risks and supply outlook
Oil prices were little changed on Monday, holding on to recent gains as traders weighed rising geopolitical tensions against lingering concerns over a potential supply surplus, while also looking ahead to guidance from the Federal Reserve later this week. At 22:18 ET (03:18 GMT), Brent crude futures for March delivery slipped 0.1% to $65.84 a…