China's slowing growth will have a significant effect on global copper demand. Over the past 5 years, China has averaged out to a little over half of the total Continue...Read More

Police have two people in custody after shooting at their vehicle in response to a security breach at President Trump's Mar-a-lago estate on Friday.Continue...Read More

"Although our goal is to protect as much instructional time as possible, we also need to do everything we can to ensure our students and staff are healthy and in the best environment to foster learning," the district wrote on its website.Continue...Read More

Despite Russia closing its eastern border with China, at least two Chinese citizens infected with the virus still made it into Russia. Continue...Read More

"Something has gone terribly wrong with the world's monetary system. It's evident that some kind of fundamental reformContinue...Read More

The price of stainless steel in the European domestic market was unchanged this week, despite monthly allow surcharges increasing slightly for February, sources told Fastmarkets on Friday January 31.In fact, prices are more likely to move down than up because of recent losses in the nickel market, sources said. The February surcharges are based on alloy component prices during the period December...Read More

Bob Moriarty of 321gold discusses a junior explorer that has taken on two major gold properties in Nevada. In every precious metals cycle there comes a time where a company has good assets but for one reason or another has failed to garner traction and has to pretty much give away projects. That point came for Canarc (CCM-V) last year. They pretty much gave away a high-grade gold project with ove...Read More

An operations update on one of the company's projects is provided in an Echelon Wealth Partners report. In a Jan. 28 research note, analyst Ryan Walker reported that Echelon Wealth Partners raised its target price on Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) to CA$1.35 per share from CA$1 after updating gold price and forex assumptions in its model on the company. The company's shares are curren...Read More

Monthly European alloy steel surcharges have increased slightly in January but there were already expectations in the market for decreases in March because of falling nickel costs, sources told Fastmarkets on Friday January 31.Fastmarkets' calculation on Friday of the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe, was ?,?1,434-1,448 ($1,581-1,596) per tonne f...Read More

Amazon shared a blowout earnings reportThe seemingly endless worry surrounding the impact of the wide-spreading coronavirus on the economy, trade, travel, and health sent the Dow 600 points south on the day to close out January. In fact, all three indexes closed deep in the red, with the S&P off a triple digit pullback as well. However, paring some of the Nasdaq's losses throughout the day was an...Read More

The coronavirus outbreak is raising concerns about the global economy Stocks started the week on a slow note due to ongoing concerns around the coronavirus, sending the Dow Jones Industrial Average (DJI) reeling and the Cboe Volatility Index (VIX) surging higher. This theme looks to be continuing as the week wraps up too, with the Dow eyeing a huge pullback at the time of this writing. Traders mon...Read More

Sea stock has added an enormous 222% over the past 12 monthsSoftware name Sea Ltd. (NYSE:SE) more than tripled in 2019, and over the last few months have been on a steady trend higher. Just last week SE touched a record high of $46.50, and is not far off this afternoon, trading at $45.24 at last check. With a layer of support embedded in the rising 20-day moving average, and the shares now up 222%...Read More

Entertainment Arts' fourth-quarter revenue outlook missed the mark Video game specialist Electronic Arts Inc. (NASDAQ:EA) just stepped into the earnings confessional last night, and sentiment surrounding the firm's fiscal third-quarter report is mixed. While EA did post profits of $2.52 per share and revenue of $1.98 billion, both of which beat analysts' estimates, the stock can't shake its less-t...Read More

The Dow is eyeing its first monthly close in the red since AugustThe Dow Jones Industrial Average (DJI) has slipped even further below breakeven by midday as fears over the coronavirus completely overshadow any other corporate news. The S&P 500 Index (SPX) isn't close behind, while the Nasdaq Composite Index (IXIC) erased its early morning gains, despite an impressive earnings report from Amazon....Read More

AMZN, VRTX, and DECK stocks are earnings winners this morningEarnings have been in focus all week on Wall Street, and that's continuing today, with a number of big names making notable moves after their quarterly reports. Leading the way of course is Amazon.com, Inc. (NASDAQ:AMZN), as the e-commerce company surges 9.3% to trade at $2,044.83 following the company's better-than-expected quarterly re...Read More

A tweet from a Bloomberg reporter said Marathon was exploring the sale of its Speedway unit Bloomberg is reporting that Marathon Petroleum Corp (NYSE:MPC) is exploring the sale of its Speedway unit, alongside an IPO, and that has shares of the oil refining specialist soaring in pre-market trading. This comes after an announcement in October that the company would spin off its gas and convenience s...Read More

IMB's CEO Ginni Rommetty will be replaced by its cloud business head Arvind KrishnaDow name and chip concern IBM (NYSE:IBM) is moving 4% higher in electronic trading, set to open near $142.22, after news broke that the company's CEO Ginni Rometty will step down in April. Rometty will be replaced by the company's cloud business head Arvind Krishna, who last year headed the company's $34 billion acq...Read More

The WHO has declared the coronavirus a global public health emergencyU.S. stock futures are pointing to a mixed open for stocks, with earnings and the latest coronavirus headlines in focus. Traders are cheering a blowout report from FAANG name Amazon.com (AMZN), while Caterpillar (CAT) shares are moving lower due to the blue chip's disappointing 2020 outlook. Meanwhile, the World Health Organizati...Read More

European steel association Eurofer forecasts a modest recovery in apparent steel consumption in 2020, with risks relating to import volumes, Eurofer said on January 30."2019 was another challenging year for the steel sector, with declines in steel consumption and import levels, which - while down compared to 2018 - were still very high compared to historical levels," director general of Eurofer, A...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 376,40146,30986,056192,300553,114654,757685,479 Change from Prior Reporting Period 1,608-10,789-55,418-20,145-11,234-73,955-77,441 Traders 22856825857311180 Small Speculators LongShortOpen Interest 60,78230,060715,539 -4,335-849-78,290 non reportable posi...Read More