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Tag: Metals/Mining

Gold futures soar to record close. Here’s what’s driving the rally.

Gold futures soar to record close. Here’s what’s driving the rally.

December 1, 2023December 2, 2023 · Breaking News

Gold futures ended Friday at their highest on record, with prices on the cusp if a so-called golden cross — signaling the potential for further upside in the…

Read more Gold futures soar to record close. Here’s what’s driving the rally.
Gold futures soar to record close. Here’s what’s driving the rally.

Gold posts first weekly loss in more than a month

November 10, 2023November 11, 2023 · Breaking News

Gold futures fell on Friday, as hawkish comments from Federal Reserve Chairman Jerome Powell on Thursday and weaker investor appetite for the haven metal prompted prices to post…

Read more Gold posts first weekly loss in more than a month
Why uranium prices have climbed to their highest in over a decade

Why uranium prices have climbed to their highest in over a decade

October 13, 2023October 14, 2023 · Breaking News

Uranium prices have reached their highest level in more than a decade as a global supply shortage persists, with the bull market for uranium investments still in its…

Read more Why uranium prices have climbed to their highest in over a decade
Alcoa’s stock rocked after unexpected CEO transition

Alcoa’s stock rocked after unexpected CEO transition

September 25, 2023September 25, 2023 · Breaking News

Shares of Alcoa Corp. slumped to a multiyear low Monday as the aluminum company said that Roy Harvey had been replaced as chief executive officer after seven years…

Read more Alcoa’s stock rocked after unexpected CEO transition
Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs

Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs

August 22, 2023August 22, 2023 · Breaking News

Wall Street looks ready to build on Monday’s gains, the first in five sessions for the S&P 500 SPX and Nasdaq Composite COMP. That’s as expectations build around…

Read more Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs
Dow ends about 200 points lower as economy shows more signs of sputtering

Dow ends about 200 points lower as economy shows more signs of sputtering

April 4, 2023April 4, 2023 · Breaking News

Major U.S. stock indexes fell on Tuesday, with the Dow and S&P 500 both snapping a 4-session win streak, as economic data showed more signs of a sputtering…

Read more Dow ends about 200 points lower as economy shows more signs of sputtering
Look for stocks to lose 30% from here, says strategist David Rosenberg. And don’t even think about turning bullish until 2024.

Look for stocks to lose 30% from here, says strategist David Rosenberg. And don’t even think about turning bullish until 2024.

February 6, 2023February 6, 2023 · Breaking News

David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the…

Read more Look for stocks to lose 30% from here, says strategist David Rosenberg. And don’t even think about turning bullish until 2024.
20 dividend stocks that may be safest if the Federal Reserve causes a recession

20 dividend stocks that may be safest if the Federal Reserve causes a recession

November 1, 2022November 1, 2022 · Breaking News

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions. But it’s too early to get excited, because the Federal…

Read more 20 dividend stocks that may be safest if the Federal Reserve causes a recession
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