Commodities Archives - Page 61 of 260

3 minute read

Gold Moves Lower; ISM Services PMI Beats Estimates

February 5, 1:08 PM

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Monday. The Dow traded down 1.04% to 38,253.72 while the NASDAQ fell 0.86% to 15,493.97. The S&P 500 also fell, dropping, 0.70% to 4,923.81.

CHEA

2 minute read

Capstone Copper Announces Multimillion-Dollar Financing To Support Its Chilean Expansion

By Stjepan Kalinic

February 5, 1:04 PM

Capstone Copper Corp. and Orion Mine Finance arranged a CA$375 million bought deal with RBC Capital Markets, expected to close on Feb. 8, 2024.

CSCCF

2 minute read

Enbridge’s ‘Once-In-A-Generation Opportunity’ Triggers Golden Cross Ahead Of Q4 Earnings

By Surbhi Jain

February 5, 12:06 PM

Enbridge (ENB) stock shows signs of renewed investor confidence ahead of earnings.

3 minute read

Dow Tumbles 150 Points; McDonald’s Sales Miss Views

By Avi Kapoor

February 5, 11:01 AM

U.S. stocks traded lower this morning, with the Dow Jones index falling around 150 points on Monday. Following the market opening Monday, the Dow traded down 0.41% to 38,494.03 while the NASDAQ fell 0.15% to 15,605.04. The S&P 500 also fell, dropping, 0.18% to 4,949.49.

CHEA

2 minute read

Asian Markets Close Lower, Europe Up, While Crude Oil And Gold Fall – Global Market Overview While The US Slept

By Akanksha Bakshi

February 5, 7:51 AM

U.S. stock markets closed higher on Friday, boosted by strong economic data and earnings. Asian and European markets show mixed trend.

ADIV

2 minute read

BMO Downgrades Gold Fields; Reliance Steel Acquires Cooksey Iron; Law Firm Probes Contango ORE; US Steel Shares Q4, Yearly Results

By Michael Cohen

February 2, 5:26 PM

Top Stories for Feb. 2, 2024: 1. BMO Capital analyst Andrew Kaip downgraded Gold Fields Limited (NYSE: GFI) from Market Perform to Underperform and lowered his price target from $14 to $12.

CTGO

3 minute read

S&P 500 Gains Over 1%; Amazon Earnings Top Expectations

By Avi Kapoor

February 2, 3:32 PM

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 1.8% on Friday. The Dow traded up 0.49% to 38,705.29 while the NASDAQ rose 1.81% to 15,639.81. The S&P 500 also rose, gaining, 1.20% to 4,965.03.

AMZN

3 minute read

Biden The Master Oil Trader Part III? President Refills Emergency Stash As Crude Price Slides

By Neil Dennis

February 2, 2:09 PM

The U.S., under Biden, produces more oil than at any point under Trump. Here's how the SPR is replenishing its stash of crude.

USO

3 minute read

Nasdaq Rises Over 200 Points; Apple Posts Upbeat Earnings

By Avi Kapoor

February 2, 1:08 PM

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 200 points on Friday. The Dow traded up 0.19% to 38,593.49 while the NASDAQ rose 1.55% to 15,600.39. The S&P 500 also rose, gaining, 0.97% to 4,953.70.

AAPL

2 minute read

Endeavour Mining Resumes Operations Following Strike At Major Gold Mine

By Stjepan Kalinic

February 2, 11:45 AM

Endeavour Mining PLC has resumed operations at its Hounde gold mine in Burkina Faso after an 11-day strike. Political instability and legal investigations pose challenges.

EDVMF