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 […]

Gold gets first win in 6 sessions

Gold futures ended higher on Tuesday due to a decline of five sessions that pushed prices to their lowest level in over eight months. “The downturn in gold may be over” now that the global outlook may show some weak points, says Edward Moya, senior market analyst at Oanda. Global bond […]

Dow flat despite gains for shares in Dow Inc., Merck

Shares of Dow Inc. and Merck posted positive growth Tuesday afternoon, sending the Dow Jones Industrial Average to positive territory. Dow DJIA, + 0.12% most recently traded 13 points higher (0.0%) as shares of Dow Inc. DOW, + 3.35% and Merck MRK, + 0.97% has contributed to the index’s intraday rally. […]

Gold prices extend losing streak to 5 sessions

Gold futures gave up early Monday gains to stretch losses to a fifth straight session despite a pause in the rise in Treasury returns. Today’s “pause in bond market sales has not yet changed the story,” Adrian Ash, head of research at BullionVault, told MarketWatch. Bond prices go upside down to […]

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 […]

Boeing, Dow Inc. stock gains lead to Dow’s 666 point search

Dow Jones Industrial Average skyrocketed Monday morning with shares of Boeing and Dow Inc. giving the strongest returns for the blue-chip average. Shares in Boeing BA, + 6.33% and Dow Inc. DOW, + 4.81% contributes about a third of the index’s intraday rally, as Dow DJIA, + 2.25% was last traded […]

Suspicion of securities scandals is spreading in the Chinese market

SHANGHAI – In October 2020, a lawyer in Shanghai received tips about Huawei Technologies’ plan to sell the Honor smartphone device as a budget brand to the handset distributor Digital China Group. The lawyer in the 40s says that a leading head of Digital China put a word or two in […]

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 $ […]

Walt Disney, Goldman Sachs stock gains contribute to Dow’s 169-point jump

The Dow Jones Industrial Average is up Monday morning with shares of Walt Disney and Goldman Sachs seeing positive gains for the index. Shares in Walt Disney HAZE, -1.02% and Goldman Sachs GS, -2.53% contributes to the blue-chip meter’s intraday rally, like the Dow DJIA, -1.50% trades 169 points, or 0.5%, […]

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 […]

Warren Buffett once again encourages investors to invest in America

Billionaire Warren Buffett encouraged investors to keep their faith in America’s economy and the business that his Berkshire Hathaway conglomerate owns in a reassuring letter to its shareholders on Saturday. Buffett spoke after Berkshire Hathaway Inc BRK.A, -0.88% BRK.B, -1.30% reported earnings for the fourth quarter increased due to a soaring […]

Opinion: The stock market has failed again – what to look for next

After moving sideways for almost two weeks, the stock market finally broke on 23 February. The initial decline was very strong and brought the S&P 500 index down to almost 3800 – which breaks the support at 3870 (highs in January). But the Bears once again managed to take control, and […]

Dow closes 470 points lower as rising returns saddle stocks with weekly losses

The Dow Jones Industrial Average finally slipped below the 31,000 milestone on Friday, while the Nasdaq Composite made a small profit and covered a volatile week on Wall Street triggered by an increase in government returns. What did major indices do? Dow Jones Industrial Average DJIA, -1.50% tumbled 469.64 points, or […]

Strange 12 months offer investors little guidance for the rest of 2021

Text size A field of flags at the National Mall ahead of Joe Biden’s graduation ceremony in January. Eric Baradat / AFP / Getty Images It is almost impossible to believe that it has been just over a year since the coronavirus hit the global markets. So much has happened and […]