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 […]

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 […]

Aon PLC shares will rise on Tuesday, surpassing the market

Shares in Aon PLC AON, + 0.01% reached 0.01% higher at $ 232.53 on Tuesday, on what turned out to be an all-encompassing rough trading session for the stock market, with the S&P 500 Index SPX, -0.81% fell 0.81% to 3,870.29 and the Dow Jones Industrial Average DJIA, -0.46% fell 0.46% […]

25 stocks of companies supported by rapid profit growth when the economy reopens

As the new COVID-19 cases decline, many investors expect economic growth to increase in 2021. John Buckingham, editor of the Prudent Speculator newsletter, has provided a custom 25-share screen that meets the following criteria: “Prudent Speculator thinks they are undervalued enough to justify a purchase today.” Expected earnings per share of […]

China Banking Regulator sees risk from “bubble” in real estate prices

BEIJING – China’s chief bank regulator warned of rising risks from the country’s real estate sector and from global financial markets, underlining Beijing’s focus on risk control after a robust pandemic recovery. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told reporters on Tuesday that he was worried […]

US stocks slide lower after best one-day rally in months

US equities traded lower on Tuesday, a day after major indices had their best daily gains in months as global bond yields halted their rapid and alarming rise. How does the stock index perform? Dow Jones Industrial Average DJIA, -0.21% fell 121.93 points, or 0.4%, to 31,413.58. S&P 500 SPX, -0.50% […]

China’s top bank regulator warns of asset bubbles on Wall Street and elsewhere

Stock market meetings on Wall Street and elsewhere look like bubbles and will eventually correct, China’s top banking authority warned on Tuesday. “The financial markets are trading at high levels in Europe, the United States and other developed countries, which is contrary to the real economy,” Guo Shuqing, head of the […]

Aon PLC shares rise on Monday, still underperforming the market

Shares in Aon PLC AON, + 2.11% increased 2.11% to $ 232.51 on Monday, on what turned out to be an all-encompassing favorable trading session for the stock market with the S&P 500 Index SPX, + 2.38% rose 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA, + 1.95% rising […]

Rocket Cos. Inc. stocks surpass the market on a strong trading day

Shares in Rocket Cos Inc. RKT, + 11.21% rose 11.21% to $ 24.30 on Monday on what turned out to be an all-around good stock market trading session with the NASDAQ Composite Index COMP, + 3.01% rose 3.01% to 13,588.83 and the Dow Jones Industrial Average DJIA, + 1.95% rising 1.95% […]

Stressed about saving for retirement? Focus on your ‘bottom line’

The cost of living is high – for some more than others – but some changes in spending can alleviate the stress of balancing financial commitments and saving for retirement. This week’s pension tips: Analyze your expenses and ask yourself if there are any changes you can make, both large and […]

5 industrial stocks that can benefit from rising inflation

Text size Boeing is one of five stocks that Evercore sees as benefiting rising inflation. David Ryder / Getty Images As inflation increases, industrial stocks can benefit– in the sector, five shares look quite promising inflation is rising as much as the markets have been signaling lately. Inflation expectations have been […]

Start of Air-Taxi Joby will be combined with SPAC Reinvent Technology

Joby Aviation, a startup of electric aircraft supported by Uber Technologies Inc., presented plans on Wednesday for publication through a combination of Reinvent Technology Partners, a blank check company with technology veterans Reid Hoffman and Mark Pincus. The companies said the deal would give Joby a total capital value of $ […]

Goldman Consumer Head leaves to run Walmart Fintech

A Goldman Sachs Group Inc. GS -2.53% manager who helped build his consumer banking business from scratch leaves to take on a similar task at Walmart Inc. WMT -1.54% Omer Ismail, a Goldman partner and head of its consumer unit Marcus, leaves the bank to run a recently announced Walmart startup […]

Jane Fraser meets update on Citigroup

Jane Fraser wants to simplify Citigroup Inc., C -2.27% the original mega bank. It will not be easy. On Monday, Fraser will take over as CEO of the third largest bank in the United States. When the industry’s problem children have the bank stabilized and built up their defenses, it turns […]