Gold futures failed to hold gains and settled roughly flat on Friday. Gold prices moved higher earlier in the session as the dollar came off 2-month highs. The dollar index, which dropped to 103.85, recovered to 104.42 around late morning before paring gains and easing to 104.23, down marginally from the previous close. The dollar eased from a two-month high […]

Treasuries saw considerable volatility over the course of the trading session on Friday before eventually ending the day roughly flat. Bond prices spent most of the day swinging back and forth across the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 3.810 percent. […]

Premarket action on Friday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.14%, the S&P 500 up 0.19% and the Nasdaq 0.35% higher. Nvidia Corp. (NASDAQ: NVDA) lit up the Nasdaq 100 on Thursday, pushing the index and the Invesco QQQ Trust (NASDAQ: QQQ) to a one-day gain of 2.4% and 12-month gain of […]

The futures were trading mixed, with the Nasdaq futures up huge after massive numbers from Nvidia, after a dreadful Wednesday that saw all the major indexes close in the red. Once again, the leading cause for the selling was the ongoing debt ceiling issue, which is quickly running out of time for a solution. The Republicans continue to stand their […]

Crude oil futures settled higher on Tuesday amid some speculation that OPEC and allies might consider another cut in production next month, and on warning from Saudi Arabia’s energy minister that oil prices may not continue to decline. Hopes about U.S. lawmakers agreeing on a debt ceiling deal soon, and data showing an unexpected rise in U.S. private sector activity […]

Save articles for later Add articles to your saved list and come back to them any time. Financial Services Minister Stephen Jones’ move to regulate Afterpay, Zip and other buy now, pay later players will belatedly remove a gaping loophole that helped this industry enjoy rapid growth. That’s sensible, but we still don’t know the answer to a fundamental question: […]

According to a WSJ report from May 18th, at least two major Wall Street firms are engaged in a bidding battle for the bankrupt Celsius Network. Allegedly, the competition has been ongoing for months and a winner might finally soon be revealed. The process could ultimately aid the bankrupt company’s creditors get more of their money back. Apollo Global Management […]

A total of 21 earnings reports are scheduled for release Thursday, 14 before U.S. markets open and 7 after markets close in the afternoon. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of […]

Gold futures settled notably lower on Tuesday after hawkish comments from Federal Reserve officials. Traders also awaited the outcome of debt ceiling negotiations in Washington. The dollar’s recovery from early weakness also weighed on gold prices. The dollar index, which dropped to 102.20 in the Asian session, climbed to 102.69 a little before noon, gaining nearly 0.25%. Gold futures for […]