Gold resumes slipping as bond yields rise and dollar companies

Gold futures fell sharply on Wednesday as US government interest rates resumed rising and the dollar strengthened, pushing up precious metal prices. The move comes a day after Gold gave its first win in six sessions. “Gold once again ignores anything but these bond yields,” Fawad Razaqzada, a market analyst at […]

Shares mixed after reports of weak jobs in the private sector

US stock markets were mixed in morning trading on Wednesday after a report of slight increases in jobs in the private sector. The Dow Jones Industrial Average lost 76 points, or 0.2 percent, the S&P 500 fell 7 points, or 0.2 percent, and the NASDAQ fell 90 points, or 0.7 percent. […]

Craftsman Michaels Companies will be bought by Apollo Global for $ 5 billion

Reusable bags are displayed under a checkout counter at a Michael’s craft store in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Artisan Michael’s company said on Wednesday that it had agreed to be bought by the venture capital company Apollo Global Management in a deal valued at $ 5 […]

Cboe Files with US SEC again to list VanEck’s Bitcoin ETF

Another attempt at a US-approved Bitcoin ETF is on the horizon from the Chicago Board Options Exchange (Cboe). The organization’s application to the SEC aims to build on an earlier S-1 submission initiated by VanEck. CryptoPotato reported by the end of 2020 that the US investment giant with about $ 50 […]

Asian markets are gaining momentum as US bond prices fall

Stocks advanced in Asia on Wednesday after a shaky day on Wall Street, when the S&P 500 returned most of its gains from a day earlier. Investors have recovered from a easing in bond prices that has eased concerns about possible rate hikes. Bond yields have fallen and the yield on […]

SPAC is now a $ 700 billion market: Morning Brief

Get Morning Brief sent directly to your inbox every Monday to Friday at 06:30 ET. Subscribe Wednesday, March 3, 2021 Goldman Sachs puts the SPAC boom in context. Since last year we wrote about David Kostin’s equity strategy team at Goldman Sachs explains 2020 the year of SPAC. In the few […]

Stocks slide one day after stunning rally

Text size Bond yields and central bank policy remain highly attentive to investors. Karen Bleier / Getty Images The US stock index closed modestly lower on Tuesday after Monday’s fantastic rally. The dynamics were familiar: concerns about rising bond yields remained in the spotlight, along with optimism about the economic recovery […]

Utah leads states with the hottest housing markets

Fox Business Flash headlines are here. Check out what’s clicking on The coronavirus pandemic sent Americans on the move among high unemployment and negative job growth by 2020, which led some states in the West and Midwest to have the country’s hottest housing markets. Utah had the strongest housing market […]

Watch out, PayPal. Square just launched its own bank

The company announced Monday that the bank has commenced operations after completing the approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. It will act as an independently controlled subsidiary Square Inc. (SQ). Dorsey is also the CEO and founder of Twitter (TWTR). Salt […]

China’s focus on bubble risks is a warning sign for the stock market

(Bloomberg) – For investors worried about an end to the era of cheap and plentiful debt, China gave just one more reason to worry. The nation’s leading bank regulator shook markets on Tuesday with a warning about the need to reduce leverage amid the growing risk of bubbles globally and in […]

What realtors say to expect from the housing market for the rest of 2021

Drazen Zigic / Getty Images / iStockphoto The housing market has experienced so many changes in the last year, including some who have never seen before. Thirty-year mortgage rates hit historic lows of 2.65% in the week ending January 7, 2021, according to data from Freddie Mac, and fell about one […]

Gold price forecast – Gold markets show a neutral candlestick

Gold markets has gone back and forth during the trading session on Tuesday to show signs of support at the important $ 1700 level. At this point, the market is trying to decide whether we should turn around and break down significantly or not, or should we turn around and recover […]

Why zoomed logs today | The motley fool

What happened Shares of Zoom video communication (NASDAQ: ZM) fell 9% on Tuesday after the fourth quarter of the cloud communications leader. So what Zoom’s revenue increased 369% year-over-year to $ 882.5 million. The use of Zoom’s cloud-based video, voice and chat tools continued grow on a quick clip – and […]