Copper was trading down for a third day on Monday as metal traders in New York shrug off the increasing likelihood of a strike at the world's largest copper mine and the impact of fiscal stimulus in top metal consumer China.Copper touched $2.76 or $6,080 a tonne on the Comex market, down a stomach churning 17% or $1,270 a tonne since hitting four-year highs early June.Labour action in Chile and Pe...Read More
Copper was trading down for a third day on Monday as metal traders in New York shrug off the increasing likelihood of a strike at the world's largest copper mine and the impact of fiscal stimulus in top metal consumer China.Copper touched $2.76 or $6,080 a tonne on the Comex market, down a stomach churning 17% or $1,270 a tonne since hitting four-year highs early June.Labour action in Chile and Pe...Read More
Commodity investors have a mass of information to deal with this week: earnings season is in full flow; the oil market is tracking OPEC's decision to add supplies; and there are likely to be developments on global trade spats, especially on China. Raw materials are set to close out July with another loss after retreating in June. Let's see what August brings.Read full newsRead More
(Reuters) - The Nasdaq Composite fell more than 1 percent on Monday for the third straight session, as disappointing forecasts from a clutch of technology and internet companies fueled worries about the continued growth of the high-flying tech sector.Gains by energy companies, as oil prices rose, and bank stocks ahead of the Federal Reserve meeting helped the benchmark S&P 500 cut its losses.T...Read More
(Reuters) - The Nasdaq Composite fell more than 1 percent on Monday for the third straight session, as disappointing forecasts from a clutch of technology and internet companies fueled worries about the continued growth of the high-flying tech sector.Gains by energy companies, as oil prices rose, and bank stocks ahead of the Federal Reserve meeting helped the benchmark S&P 500 cut its losses.T...Read More
WASHINGTON (Reuters) - A Republican senator who had been a holdout threw his support behind U.S. President Donald Trump's Supreme Court nominee Brett Kavanaugh on Monday, improving chances the judge will win Senate confirmation despite a pitched battle by Democrats to block him.U.S. Senator Rand Paul had expressed concerns over Kavanaugh's positions on privacy issues, but said Kavanaugh had eased...Read More
Analysts may need to rethink their opinions on two stocks selling off todayThe U.S. stock market is in decline today, led by another huge pullback in the tech sector. Three names in particular traders should watchare hamburger enthusiast Habit Restaurants Inc (NASDAQ:HABT), dermatology expert Sienna Biopharmaceuticals Inc (NASDAQ:SNNA), and Chinese video sharing platform Bilibili Inc (NASDAQ:BILI)...Read More
If you're a U.S. citizen over the age of 18, please pay close attention to the following public message.If you're a U.S. citizen over the age of 18, please pay close attention to the following public message.In short, one of the "Big 3?EUR? credit reporting agencies - a firm that gathers and monitors the personal financial data of millions of Americans - was hacked, exposing the information of nea...Read More
Short-term options traders are still more call-heavy than usualFireEye Inc (NASDAQ:FEYE) is scheduled to report second-quarter earnings after the market closes this Wednesday, Aug. 1. Ahead of the earnings, the cybersecurity stock is trading down 4.5% at $15.44, but holding above key technical support. Nevertheless, put buyers are making a rare appearance, betting on bigger losses through week's e...Read More
"Arctic Star Reports Spring Exploration Program Results from Diagras Property, Northwest Territories, Canada -- #ArcticStar $ADD $ADD.CA $ADD.V #Timanti @ArcticStarExpl #Finland #Diamond #Mining #Diagras -- Read the News Release here: https://t.co/uc1RDOCFqu"Read full newsRead More
"#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews #HEMPstocks #CBD #hempPhivida (@Phivida)(CSE: $VIDA // OTCQX: $PHVAF) Graduates to the #OTCQX Best Market - Trading asRead full newsRead More
TransCanada Corp. won a small, but important battle Monday after the U.S. State Department released a somewhat positive review for the company's proposed $8 billion Keystone XL oil pipeline, predicting "moderate" environmental impacts from its construction and operation.The alternate route approved by Nebraska regulators is expected to have minor to moderate effects on three of the eight environme...Read More
TransCanada Corp. won a small, but important battle Monday after the U.S. State Department released a somewhat positive review for the company's proposed $8 billion Keystone XL oil pipeline, predicting "moderate" environmental impacts from its construction and operation.The alternate route approved by Nebraska regulators is expected to have minor to moderate effects on three of the eight environme...Read More
What the Dow/Nasdaq divergence could mean for stocksLast week, the Dow Jones Industrial Average (DJI) notched a weekly gain of 1.57%, thanks to a strong stretch for blue-chip stocks. While the Nasdaq Composite (IXIC) tagged an all-time high on Wednesday, July 25, the index endedin the red for the week -- down 1.06% -- due to a rough round of earnings reactions in the tech and social media sectors....Read More
(Kitco News)- Goldprices are slightly down in early-afternoon U.S. trading Monday. Meantime, silverprices posted slim gains. Both metals visited both sides of unchangedtoday in lackluster summertime trading. December gold futures were last down$1.10 an ounce at $1,231.60. September Comex silver was last up $0.037 at $15.53an ounce.Thegold and silver markets remain in the grips of the chart-based b...Read More
(Kitco News) - Gold prices are slightly down in early-afternoon U.S. trading Monday. Meantime, silver prices posted slim gains. Both metals visited both sides of unchanged today in lackluster summertime trading. December gold futures were last down $1.10 an ounce at $1,231.60. September Comex silver was last up $0.037 at $15.53 an ounce.The gold and silver markets remain in the grips of the chart-...Read More
Several layers of potential resistance are converging near hereProcter & Gamble Co (NYSE:PG) is slightly lower in afternoon trading, last seen down 0.4% at $80.25. This slight pullback comes just ahead of the stock's fiscal fourth-quarter earning report, which is slated to surface tomorrow, July 31, before the market opens. Below, we will take a look at how the Dow name has been performing on the...Read More
• Renewed USD weakness helps to bounce off an important horizontal support. • Reviving safe-haven demand provides an additional boost and remains supportive. • Pickup in the US bond yields/Fed rate hike prospects might cap any further up-move. Gold extended its steady climb from an intraday low level of $1219 and is currently pl...Read More
The Fed meeting will kick off tomorrowThe Dow Jones Industrial Average (DJI) is lowerto start the week, despite a strong earnings report from blue chip Caterpillar (CAT). The S&P 500 Index (SPX) is in the red as well, and the Nasdaq Composite (IXIC) is sharply lower due to a pullback in FAANG and tech stocks. Elsewhere, markets are preparing for the start of the Fed meeting tomorrow, while oil...Read More
"Arctic Star Reports Spring Exploration Program Results from Diagras Property, Northwest Territories, Canada -- #ArcticStar $ADD $ADD.CA $ADD.V #Timanti @ArcticStarExpl #Finland #Diamond #Mining #Diagras -- Read the News Release here: https://t.co/qjdTjv6imS"Read full newsRead More