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Commodities

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Analyst Cuts Newmont Target; Compass Minerals Appoints CEO; Universal Stainless Update; Argentina’s Lithium Surge

By Austin DeNoce
January 17, 6:21 PM
Top Stories for Jan. 17, 2024: 1. BMO Capital analyst Jackie Przybylowski maintained an Outperform rating on Newmont Corporation (NYSE: NEM) but lowered her price target from $62 to $59.

CMP

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Israel’s Sights On Lebanon After Lessons Learned From Gaza Campaign, Says IDF Chief

By Neil Dennis
January 17, 4:26 PM
Israel Defence Forces chief of staff tells troops to be ready for fighting with Lebanon.

SPY

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  • Commodities
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Albemarle Liquidates Stake In Liontown Following Failed Takeover Bid

By Stjepan Kalinic
January 17, 3:21 PM
Failed takeover bids occurred in multiple stages, with Albemarle facing resistance at various premium prices.

ALB

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Dow Tumbles Over 150 Points; Charles Schwab Posts Upbeat Earnings

By Avi Kapoor
January 17, 3:16 PM
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 150 points on Wednesday. The Dow traded down 0.48% to 37,183.10 while the NASDAQ fell 1.15% to 14,772.10. The S&P 500 also fell, dropping, 0.91% to 4,722.52.

BFRG

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Ivanhoe Mines Resuscitates A Century-Old Kipushi Mine To Start Zinc Production

By Stjepan Kalinic
January 17, 1:16 PM
Ivanhoe Mines (OTC:IVPAF) signed a joint venture agreement with Gécamines, setting the stage for the resumption of operations…

IVPAF

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Gold Moves Lower; Phunware Shares Plummet

By Avi Kapoor
January 17, 12:43 PM
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday. The Dow traded down 0.04% to 37,345.91 while the NASDAQ fell 0.86% to 14,815.87. The S&P 500 also fell, dropping, 0.47% to 4,743.45.

BCEL

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Natural Gas Data Sparks Optimism For Chevron, BP, Shell And Natural Gas ETFs

By Surbhi Jain
January 17, 12:34 PM
Our chart shows a rebound in natural gas spot prices throughout January 2024, suggesting a trajectory reversal.

APA

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Nasdaq Down Over 200 Points; US Retail Sales Increase 0.6% In December

By Avi Kapoor
January 17, 11:20 AM
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 200 points on Wednesday. Following the market opening, the Dow traded down 0.26% to 37,264.12 while the NASDAQ fell 1.54% to 14,714.00. The S&P 500 also fell, dropping, 0.81% to 4,727.51.

BCEL

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VIX At 2-Month High: Fears Mount As Markets Re-Assess Rate Cut Premium

By Neil Dennis
January 17, 10:33 AM
The recent increase in the VIX may be partly influenced by one of several factors, including changing expectations around Federal Reserve interest rates, similar to what influenced its decline in October.

GLD

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UBS Covers Alcoa; Dakota Gold, U.S. GoldMining Reports Drilling Success; Idaho Strategic At Industry Events

By Austin DeNoce
January 16, 5:39 PM
Top Stories for Jan. 16, 2024: 1. UBS Group initiated coverage on Alcoa Corporation (NYSE: AA) with a Sell rating and price target of $29.

AA

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