Commodities Archives - Page 81 of 260

2 minute read

ZK International Meets Nasdaq Standards; Overbought Trends In Materials Sector; Galiano Gold Updates On Asanko

December 26, 4:14 PM

Stainless steel and carbon steel engineer and manufacturer ZK International Group (NASDAQ: ZKIN) has regained compliance with Nasdaq over a bid price deficiency after the company's closing bid price exceeded $1.00 for 10 consecutive business days.

2 minute read

Nasdaq Surges 75 Points; Inspira Technologies Shares Spike Higher

By Avi Kapoor

December 26, 3:43 PM

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Tuesday. The Dow traded up 0.50% to 37,574.66 while the NASDAQ rose 0.50% to 15,068.50. The S&P 500 also rose, gaining, 0.45% to 4,776.17.

AZN

2 minute read

Crude Oil Rises Over 3%; US Home Prices Increase In October

By Avi Kapoor

December 26, 1:20 PM

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Tuesday. The Dow traded up 0.34% to 37,511.87 while the NASDAQ rose 0.43% to 15,057.13. The S&P 500 also rose, gaining, 0.34% to 4,770.79.

ADEX

2 minute read

Galiano Gold Emerges As A Mid-Tier Producer, Buys Majority Stake In Asanko Mine

By Stjepan Kalinic

December 26, 11:04 AM

Galiano is gearing up for continued exploration in 2024, aiming to achieve an annual gold production of around 240,000 ounces by 2030.

GAU

2 minute read

Dow Gains Over 50 Points; Chicago Fed National Activity Index Increases For November

By Avi Kapoor

December 26, 10:39 AM

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.09% to 37,418.31 while the NASDAQ rose 0.36% to 15,047.54. The S&P 500 also rose, gaining, 0.22% to 4,765.23.

ADEX

1 minute read

Asian Markets Mixed, Europe Closed, Crude Oil Falls below $75 While Gold Hits $2,070 – Global Markets Today While Us Was Sleeping

By Akanksha Bakshi

December 26, 7:30 AM

On Friday, December 22nd, the U.S. stock markets closed mixed amid the holiday weekend as investors reacted to cooler-than-expected inflation data, increasing expectations for Federal Reserve rate cuts in the new year.

ADIV

2 minute read

Gold Fields Divests Asanko Stake, White House Scrutinizes Nippon’s Bid for US Steel, ArcelorMittal Announces Companywide Audit: Friday’s Top Mining Stories

By Austin DeNoce

December 22, 5:24 PM

Gold Fields Limited announced that certain of its wholly owned subsidiaries have entered a share purchase agreement with Galiano Gold Inc. to sell its stake in the Asanko joint venture in Ghana. The payment includes $150 million in staggered cash payments, $20 million in Galiano shares and a 1% royalty on future gold production.

4 minute read

Dow Edges Lower; Nike Sales Miss Estimates

By Avi Kapoor

December 22, 3:47 PM

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index turning lower on Friday. The Dow traded down 0.05% to 37,385.32 while the NASDAQ rose 0.12% to 14,982.36. The S&P 500 also rose, gaining, 0.15% to 4,753.64.

ADN

2 minute read

S&P 500, Nasdaq 100 Aim For 8th Week Of Gains As Fed’s Inflation Gauge Cools: What’s Driving Markets Friday?

By Piero Cingari

December 22, 2:04 PM

The S&P 500 and Nasdaq 100 indices are on the verge of achieving an impressive eight consecutive weeks of gains following a more significant decline than expected in the Federal Reserve’s favored inflation gauge in November, the Personal Consumption Expenditures

ANSS

3 minute read

Is Lower Inflation A Green Light For 2024 Interest Rate Cuts? Markets Are Ending The Year ‘Surprised,’ CIO Says

By Piero Cingari

December 22, 1:42 PM

The Personal Consumption Expenditures (PCE) index inflation dropped to its lowest since March 2021, with economists weighing in on Fed's strategy for rate reductions in 2024.,The market continued to demonstrate resilience, with the SPDR S&P 500 ETF Trust (ARCA: SPY) experiencing a slight uptick, rising by 0.3%.

GLD