Commodities Archives - Page 163 of 260

3 minute read

Gold Edges Higher; PayPal Shares Tumble Despite Upbeat Earnings

May 9, 2:30 PM

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping around 50 points on Tuesday. The Dow traded down 0.01% to 33,616.00 while the NASDAQ fell 0.43% to 12,204.79. The S&P 500, also fell, dropping, 0.24% to 4,128.12.

CHRS

3 minute read

Crude Oil Down 1%; Under Armour Earnings Top Views

By Lisa Levin

May 9, 12:46 PM

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 50 points on Tuesday. The Dow traded down 0.07% to 33,593.48 while the NASDAQ fell 0.52% to 12,193.35. The S&P 500, also fell, dropping, 0.32% to 4,124.88.

ARIS

2 minute read

Fed Chair Jerome Powell Grapples With Record Low Confidence Levels Amid Escalating Financial Worries

By Piero Cingari

May 9, 10:45 AM

American citizens' trust in Federal Reserve Chair Jerome Powell has reached an all-time low, dipping below the trust levels of any other Fed Chair in history, according Gallup survey released Tuesday. The data comes at a time when insurance costs for U.S.

GLD

3 minute read

Nasdaq Down 50 Points; US Small Business Optimism Index Drops In April

By Lisa Levin

May 9, 10:01 AM

U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.08% to 33,593.40 while the NASDAQ fell 0.48% to 12,198.35. The S&P 500, also fell, dropping, 0.38% to 4,122.42.

ENSC

2 minute read

Where’s Gold Headed Amid Inflation, Banking Jitters? Analyst Predicts Possible Levels

By Bhavik Nair

May 9, 8:39 AM

Gold prices trended cautiously on Monday as investors and traders braced for the release of the consumer price…

GLD

2 minute read

If You Invested $10,000 In Exxon Mobil When Oil Prices Went Negative In March 2020, Here’s How Much You’d Have Now

By Piero Cingari

May 8, 4:45 PM

Exxon Mobil Corp. (NYSE: XOM) is one of the top-performing companies in the United States since the stock market and oil prices crashed in March 2020, at the height of pessimism during the early stages of the Covid-19 pandemi

AAPL

3 minute read

Nasdaq Edges Higher; Six Flags Reports Upbeat Results

By Lisa Levin

May 8, 2:39 PM

U.S. stocks traded mixed toward the end of trading, with the S&P 500 and Nasdaq Composite turning higher later during the session on Monday. The Dow traded down 0.20% to 33,606.80 while the NASDAQ rose 0.14% to 12,252.53. The S&P 500, also rose, gaining, 0.04% to 4,138.09.

BLCM

2 minute read

Tech Takes Vengeance On Energy After Awful 2022, While Fed Rate Peaks And Oil Losses Shape Stock Performance

By Piero Cingari

May 8, 12:21 PM

Technology stocks have taken huge revenge on energy in recent months, with the performance difference between the Technology Select Sector SPDR Fund (ARCA: XLK) and the Energy Select Sector SPDR Fund (ARCA: XLE) climbing to 27% year-to-date and 42%, respectively, from November 2022 lows.

AAPL

3 minute read

Crude Oil Rises Over 2%; US Wholesale Inventories Unchanged For March

By Lisa Levin

May 8, 12:04 PM

U.S. stocks traded slightly lower midway through trading, with the Nasdaq Composite dropping around 20 points on Monday. The Dow traded down 0.14% to 33,626.85 while the NASDAQ fell 0.18% to 12,212.88. The S&P 500, also fell, dropping, 0.02% to 4,135.53.

BLCM

1 minute read

Goldman Sachs Reiterates $100 Brent Price Forecasts, Expects Oil To Rally If US Avoids Recession

By Piero Cingari

May 8, 10:45 AM

Despite the sharp declines experienced by oil prices in recent weeks, Goldman Sachs (NYSE: GS) reiterated its forecast for Brent prices at $95 dollars by December 2023 and at $100 for April 2024.