Commodities Archives - Page 71 of 260

3 minute read

Gold Down 1%; PNC Financial Posts Upbeat Earnings

January 16, 3:14 PM

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 350 points on Tuesday. The Dow traded down 0.93% to 37,243.85 while the NASDAQ fell 0.58% to 14,885.45. The S&P 500 also fell, dropping, 0.66% to 4,752.36.

ALLK

3 minute read

Iran Emerges From Shadows With Direct Strike In Iraq

By Neil Dennis

January 16, 2:43 PM

Iran attacks alleged Israeli espionage base in Iraq, first overt military action in Israel-Hamas conflict; world condemns it; markets little affected.

2 minute read

First Quantum Temporarily Halts Ravensthorpe Nickel Mine Operations, Suspends Dividend

By Stjepan Kalinic

January 16, 1:36 PM

The Ravensthorpe nickel operation will witness a 30% reduction in its workforce. First Quantum will continue nickel sales from existing stockpiles.

3 minute read

Crude Oil Edges Lower; Morgan Stanley Posts Upbeat Revenue

By Avi Kapoor

January 16, 12:53 PM

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling more than 150 points on Tuesday. The Dow traded down 0.46% to 37,421.80 while the NASDAQ fell 0.02% to 14,969.24. The S&P 500 also fell, dropping, 0.17% to 4,775.50.

ALLK

2 minute read

Alcoa Q4 Earnings Preview: All Bets On An Aluminum Market Turnaround, Green Energy Transition

By Surbhi Jain

January 16, 12:27 PM

Alcoa will be releasing its fourth-quarter earnings on Jan. 17. Wall Street analysts are expecting the company to report $2.63 billion in revenue.

2 minute read

Samsung SDI Invests in Canada Nickel, Ignoring Short-Term Market Oversupply

By Stjepan Kalinic

January 16, 12:10 PM

Samsung SDI announced a $18.5 million investment in Canada Nickel, marking the latest investment in the emerging Canadian mining company.

AAL

2 minute read

Shell Suspends Red Sea Shipments As Yemen’s Houthi Strikes Intensify: ‘An Attack On The Global Economy,’ Blinken Says

By Piero Cingari

January 16, 12:02 PM

Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebels, fueling regional tensions.

BOAT

3 minute read

Dow Dips 200 Points; Goldman Sachs Earnings Top Views

By Avi Kapoor

January 16, 10:49 AM

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.56% to 37,384.20 while the NASDAQ fell 0.69% to 14,869.02. The S&P 500 also fell, dropping, 0.53% to 4,758.60.

ALLK