STRASBOURG, France (Reuters) - German Chancellor Angela Merkel on Tuesday told the European Parliament that a European digital tax should only be introduced if broader global efforts fail.“We think the best thing would be to find an international solution in an international context ... but if that doesn’t work, we can’t wait forever but rather need to act at the European level a...Read More

The S&P tends to perform well during the short holiday weekThanksgiving week is typically a low-volume trading week, with U.S. stock markets open fewer than four days (Black Friday is a half-day for Wall Street). This week, I'll look at what stocks have done in the past during the week of Thanksgiving, while also finding which stocks tend to do well -- and which stocks don't -- during the holiday...Read More

(Kitco News)- A lack of fear in financialmarkets is keeping a lid on gold prices, according to Europe’s largestprecious-metals retailer.Despite the equity markets’continued correction following the worst month since the 2008 financial crisis,analysts at Degussa said in their latest market report that investors aren’tfleeing into gold because they aren’t afraid of a bear sto...Read More

Fred Imbert| @foimbertPublished 15 Hours AgoUpdated1 Hour AgoCNBC.com show chapters Markets will bounce 'all over the place' on White House's trade statements, Nuveen's Bob Doll says   7 Hours Ago |04:18 Stocks fell in volatile trading on Tuesday, failing to regain their footing after suffering steep losses in the previous session.The Dow Jones Industrial Aver...Read More

TLT call traders love to "buy low," and the trend continued after a brutal OctoberSpiking bond yields were one of the major factors that rattled equity investors in October, and accordingly, the iShares 20+ Year Treasury Bond ETF (TLT) took quite the proverbial trip to the woodshed. On Oct. 3, the fund broke below previously stalwart support in the $116-$116.50 area, which had supported lows in Fe...Read More

Talon Metals (TSX: TLO; US-OTC: TLOFF) has announced a preliminary economic assessment for the Tamarack zone at its Tamarack North nickel-copper-cobalt project in Minnesota.The study assigns the project a $210 million after tax net present value at a 7% discount rate and a 38.8% after-tax internal rate of return with payback in 2.1 years.The project would require $174.31 million in initial capital...Read More

Talon Metals (TSX: TLO; US-OTC: TLOFF) has announced a preliminary economic assessment for the Tamarack zone at its Tamarack North nickel-copper-cobalt project in Minnesota.The study assigns the project a $210 million after tax net present value at a 7% discount rate and a 38.8% after-tax internal rate of return with payback in 2.1 years.The project would require $174.31 million in initial capital...Read More

The S&P 500 and the Nasdaq opened higher on Tuesday, boosted by a rebound in technology stocks and hopes of progress in the U.S.-China trade talks, while losses in Boeing Co (BA.N) and Home Depot Inc (HD.N) weighed on the Dow.The Dow Jones Industrial Average .DJI fell 65.97 points, or 0.26 percent, at the open to 25,321.21. The S&P 500 .SPX opened higher by 3.83 points, or 0.14 percent...Read More

WASHINGTON (Reuters) - U.S. soybean farmer Mike Schlosser does not expect President Donald Trump’s trade war with China, the single biggest headwind to his business, to end any time soon. But he is among many in farm country who expect at least some good news this year - in the form of a new Farm Bill.Congress comes back on Tuesday for the lame-duck session after Democrats in last week&rsquo...Read More

Mr. Eric Fier reportsSILVERCREST APPOINTS PIERRE BEAUDOIN AS COOSilvercrest Metals Inc. has appointedPierre Beaudoin as chief operating officer for the company. Mr. Beaudoinwill dedicate his full attention to the development of the Las Chispas property, and, as such, he will be stepping down from the Silvercrest board in December.Mr. Beaudoin is a precious metal mining executive with more than 30...Read More

Mr. Eric Fier reportsSILVERCREST APPOINTS PIERRE BEAUDOIN AS COOSilvercrest Metals Inc. has appointedPierre Beaudoin as chief operating officer for the company. Mr. Beaudoinwill dedicate his full attention to the development of the Las Chispas property, and, as such, he will be stepping down from the Silvercrest board in December.Mr. Beaudoin is a precious metal mining executive with more than 30...Read More

NEW YORK (Reuters) - Walmart (WMT.N) and Home Depot (HD.N), two of the top 10 U.S. employers, have embraced a health insurance strategy that punishes drugmakers for using discount cards to keep patients from switching or stopping their medications.Large U.S. companies have started tightly managing how employees and their family members use these popular discount, or copay, cards for everything fro...Read More

Amazon has struggled to recover from its late-October lowsShares of Amazon.com, Inc. (NASDAQ:AMZN) are slightly higher in early trading, after a report out of the Wall Street Journal stated the e-tailer has selected New York City and Northern Virginia as locations for its next two headquarters. The company is expected to make an announcement of the conclusion to its 14-month search by the end of...Read More

(Reuters) - General Electric Co (GE.N) is selling a part of its stake in oilfield services provider Baker Hughes (BHGE.N), the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.GE, which bought Baker Hughes in July 2017, has been selling off assets and cutting costs to lower its debt and focus on its core businesses of jet engines, power plants and renewabl...Read More

Pre-market trading shows huge gains for VKTX and EYEG sharesViking Therapeutics Inc (NASDAQ:VKTX) is set to jump 18.5% at the open thanks to news the company's non-alcoholic fatty liver disease treatment met its main and secondary goals in a mid-stage study. It's already been a huge year for VKTX shares, which sport a 12-month advance north of 300%. Most Wall Street analysts were already bullish o...Read More

Oil futures are on track for their 12th straight lossFutures on the Dow Jones Industrial Average (DJI) are confidently higher this morning, ready to put yesterday's steep sell-off in the rear-view mirror, thanks to a blowout earnings beat from blue-chip retailer Home Depot (HD). S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also comfortably in the black, as investors eye reports...Read More

LONDON (Reuters) - Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market.Brent LCOc1 dropped $1.97 a barrel, or 2.8 percent, to a low of $68.15 before recovering to around $68.72, down $1.40, by 1140 GMT. U.S. light crude CLc1 was $1.30 lower at $58.63.Both crude benchmarks have fallen more than 20 percent sinc...Read More

(Reuters) - Home Depot Inc (HD.N) exceeded analyst estimates for quarterly comparable-store sales on Tuesday, as consumers spent money on remodeling their homes amid a shaky U.S. housing market.Shares of the retailer climbed 3.4 percent to $185.45 in premarket trading, after the retailer also raised its forecast for annual sales and profit ahead of the holiday shopping season.Uncertainty over futu...Read More

The above chart shows daily price action of USDOLLAR:XAUUUSD. The ratio’s orange 13-day EMA has crossed above the black 34-day EMA (red ellipse). This effectively puts the EMAs into a bullish formation. I.e. the green 5-day EMA > the orange 13-day EMA > the black 34-day EMA. This is indicative that the greenback is outperforming the precious metal. Note: All information on t...Read More

Gold could face further pressure if the metal falls below the$1,190-an-ounce area, says TD Securities. As of 8:12 a.m. EST, spot gold was 50cents higher at $1,200.75 an ounce but has been below $1,200 for the first timesince Oct. 11. “Messy European politics, along with a Fed which is set toremain on its tightening trajectory, have kept the dollar index above 97, whichcontinues to add to dow...Read More