Analysts See Gold Rally Extending Into 2026
A market that keeps surprising Gold’s record-breaking run has turned the metal into one of the standout assets of the year. Prices have surged around $4,187 per ounce, gaining 57 percent so
Dollar edges higher as markets await key US data
Currency moves reflect economic uncertainty The dollar held slight gains against the yen on Tuesday after reaching a new nine and a half month high, and it also moved marginally higher against
Dollar strengthens as Trump eases China trade tensions
U.S. currency rebounds after tariff threats fade The U.S. dollar regained ground on Monday after President Donald Trump softened his rhetoric toward China, easing fears of escalating trade tensions. The dollar index
Stocks Retreat in Final 2024 Trading Days
U.S. stocks moved lower Monday, continuing a shaky end to what has been a stellar year for investors. The Dow Jones Industrial Average dropped 418.48 points (0.97%) to close at 42,573.73, while
Wall Street Slides as Triumphant 2024 Nears Its Close
U.S. stocks opened lower on Friday as Wall Street approached the end of a year marked by substantial gains. Despite impressive annual performances, profit-taking, portfolio rebalancing, and concerns over valuations led to
US Stocks Decline Post-Holiday as Jobless Data Takes Spotlight
U.S. stocks edged lower on Thursday as Wall Street resumed trading after the Christmas holiday, with markets digesting one of the week’s few notable economic data points. The S&P 500 (^GSPC), Nasdaq
Wall Street Rises as Santa Rally Kicks Off
Wall Street opened the holiday season on a high note, with all major indices closing higher in a shortened session ahead of Christmas. The Santa Rally, an annual phenomenon where stocks tend
US Stocks Rebound as November Inflation Data Offers Hope
US stocks bounced back strongly on Friday, recovering from a tumultuous week as investors responded to inflation data that showed price increases slowing in November. The report brought some optimism to markets
Dow Jones Nears Historic Nine-Day Losing Streak Amid Market Shift
The Dow Jones Industrial Average faced the possibility of entering the record books on Tuesday, flirting with its first nine-day losing streak since the 1970s. The 30-stock index dropped 273 points, or
European and Global Markets Start the Week on a Cautious Note
China began the week with disappointing economic data. Retail sales in November rose just 3.0% year-over-year, falling short of the median forecast of 4.6%. Additionally, house prices continued their decline, though industrial
US Stocks Edge Higher Today
US stocks tipped higher on Monday to fresh record highs and investors braced for the Federal Reserve’s final policy decision of the year later this week. Nasdaq Composite on Track for a
Nasdaq 100 Hits New High Powered by Broadcom Surge Amid Fed Rate Cut Speculations
The Nasdaq 100 touched a new all-time high for the second time this week, buoyed by a 19% surge in Broadcom Inc. shares, which reached a record level following optimistic AI chip
European Markets Close Lower Amid ECB Rate Cut Decision
European markets closed slightly lower on Thursday, reflecting a mixed reaction to the European Central Bank’s (ECB) decision to cut interest rates by 25 basis points. The pan-European Stoxx 600 index fell