Commodities Archives - Page 63 of 260

3 minute read

Dow Turns Lower; Fed Keeps Rates Unchanged

January 31, 3:26 PM

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 1.5% on Wednesday. The Dow traded down 0.21% to 38,384.83 while the NASDAQ fell 1.53% to 15,272.34. The S&P 500 also fell, dropping, 1.02% to 4,874.63.

ASH

2 minute read

US Steel Q4 Earnings Preview: All Eyes On Nippon’s $14.1 Billion Deal

By Surbhi Jain

January 31, 2:16 PM

U.S. Steel stock is up about 70% over the past year. Despite sound financials, it's considered a speculative bet as investors prefer Nucor.

NISTF

2 minute read

Oil’s Comeback: Middle East Turmoil Pumps Life Into 2024 Markets

By Neil Dennis

January 31, 1:51 PM

Oil prices rise in response to Middle East tensions and risks of conflict. US crude up 8% in 2024, Brent up 6%, US Oil Fund up 9.2%.

COP

3 minute read

Crude Oil Down 2%; Alphabet Shares Fall After Q4 Results

By Avi Kapoor

January 31, 1:11 PM

U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling more than 200 points on Wednesday. The Dow traded up 0.08% to 38,497.13 while the NASDAQ fell 1.41% to 15,291.02. The S&P 500 also fell, dropping, 0.81% to 4,885.29.

GNPX

2 minute read

Hecla Mining Eyes Latin American Expansion For Accelerated Growth

By Stjepan Kalinic

January 31, 11:53 AM

U.S. silver producer Hecla is setting its sights on new growth after posting dimmed results for the fourth quarter of 2023.

3 minute read

Nasdaq Tumbles 150 Points; US Private Sector Adds 107,000 Jobs In January

By Avi Kapoor

January 31, 10:41 AM

U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 150 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.13% to 38,517.77 while the NASDAQ fell 1.07% to 15,344.69. The S&P 500 also fell, dropping, 0.47% to 4,901.66.

CNXA

2 minute read

Asia And Europe Markets Mixed, Crude Oil Dips, Gold Remains Above $2,050 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

January 31, 8:43 AM

US stock markets closed mixed, Nasdaq declined, economic data positive, Asian markets higher, Eurozone and commodities mixed, US futures and forex varied.

ADIV

2 minute read

Return Of US Sanctions On Venezuela’s Oil Sector Could Trigger Revenue Loss, Fuel Shortages, Analysts Warn

By Benzinga Neuro

January 30, 10:06 PM

Analysts and executives fear that the reimposition of sanctions could lead to a reduction in Venezuela's oil revenue, making it harder for the country to meet its energy needs. The move could also discourage new energy investments and increase the risk of domestic fuel shortages.

CVX

2 minute read

Energy Stocks ‘A Hedge Against Things Getting More Out of Control’ In Middle East, Says Veteran Investor

By Piero Cingari

January 30, 5:32 PM

Ed Yardeni suggests owning energy stocks to hedge against oil price shocks due to geopolitical volatility. He also discusses tech sector concentration and Fed's policy dilemma.

XLE

2 minute read

TimkenSteel CEO Sells Shares; Cleveland-Cliffs, Nucor Unveil Q4 And Full-Year 2023 Results

By Austin DeNoce

January 30, 4:25 PM