Gold prices fell more than 2 percent on Friday, reaching a more than one-week low and on track for a weekly decline. Spot gold slumped 2.1 percent to $4,554.99 an ounce, extending losses for a fourth consecutive session, pressured by a stronger dollar and rising Treasury yields. U.S. gold futures...
Oil prices rallied on Friday as Hormuz concerns persisted and U.S. President Donald Trump claimed the United States will prevail in its war with Iran, "peacefully or otherwise". Brent crude prices for July delivery jumped more than 3 percent to $109.19 a barrel as attacks on one ship and the seizure...
After ending the previous session modestly lower, the Dow showed a strong move back to the upside during trading on Thursday, closing above 50,000 for the first time in three months. The Nasdaq and the S&P 500 also moved higher, adding to Wednesday's gains and once again reaching new record closing highs.
Partially offsetting the losses from yesterday's session, crude oil prices have inched higher on Thursday as the Strait of Hormuz remains effectively shut, U.S.-Iran deal eluding, with increasing expectations of Chinese intervention to end the hostilities.
Offsetting the gains from yesterday, gold prices have edged lower on Thursday as the U.S. and Iran fail to reach a peace deal to end their war while the presidents of U.S. and China meet to enhance trade and tech ties.
Stocks have moved mostly higher over the course of the trading day on Thursday, with the Nasdaq and S&P 500 reaching new record intraday highs. The Dow has also moved to the upside after yesterday's dip, climbing back above 50,000. Currently, the major averages are just off their highs of the session.
Stocks may move to the upside in early trading on Thursday, with the tech-heavy Nasdaq poised to add to the strong gain posted in the previous session. The major index futures are currently pointing to a higher open for the markets, as the S&P 500 futures are up by 0.3 percent. Tech stocks may extend...
Economic announcements and Fed Speeches might be on focus on Thursday. Investors are analyzing the US-China summit in Beijing and the reflections on the Middle East conflict. Oil prices traded higher on Thursday, while the International Energy Agency warned that global oil inventories are falling...
Gold prices were a tad higher on Thursday as investors awaited cues from a high-stakes summit between U.S. President Donld Trump and Chinese President Xi Jinping in Beijing. Spot gold edged up by 0.2 percent to $4,698.72 an ounce while U.S. gold futures were little changed at $4,705.05. Trump's...
Oil prices traded higher on Thursday after the International Energy Agency warned that global oil inventories are falling at a record pace and will continue to drop for months as a result of disruption to Middle East supplies. Investors also await the outcome of U.S. President Donald Trump's summit...
With technology stocks moving sharply higher on the day, the Nasdaq showed a strong move back to the upside during trading on Wednesday, reaching a new record closing high. The S&P 500 also climbed to a new record closing high, although the narrower Dow edged slightly lower after posting a modest gain on Tuesday.
Stocks are turning in a mixed performance during trading on Wednesday, with the major averages moving in starkly opposite directions. While the tech-heavy Nasdaq has climbed firmly into positive territory, the Dow has moved to the downside.
Following the weakness seen in the previous session, stocks may move in opposite directions in early trading on Wednesday. The major index futures are currently pointing to a mixed open for the markets, with the Nasdaq futures up by 0.3 percent but the S&P 500 futures down by 0.1 percent and the Dow...
Notably higher Nasdaq futures points to a firm start for tech stocks on Wall Street on Wednesday. The U.S. stock market is seen opening on a mixed note on Wednesday. Tech stocks are likely to move higher, rebounding from previous session's decline.
Gold prices slipped below $4,700 an ounce on Wednesday as a stronger dollar and rising Treasury yields dented bullion's safe-haven appeal. Spot gold dipped 0.35 percent to $4,697 an ounce while U.S. gold futures were up half a percent at $4,707.75. The U.S. dollar held near a one-week high as...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.