Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
Read More »The US dollar is struggling. That should give a shot in the arm to global growth, says Goldman Sachs
A worker from the Chinese company Shanghai Zhenhua Heavy Industries runs past one of the two blue giant portico cranes Malaccamax, during their unloading on 23 July 2020, at the port of Fos-sur-Mer, on the outskirts of Marseille, southern France. clement mahoudeau / Agence France-Presse / Getty Images The US …
Read More »This VIX warning signal is ‘raising a red flag’ for stock market rally
A divergence between the S&P 500 and VIX indices raises a ‘red flag’ for the stock market rally, warned former hedge fund investor Jesse Felder. Getty Images It’s a waiting game for investors early on Thursday. Markets are waiting patiently and somewhat nervously for Federal Reserve President Jerome Powell’s keynote …
Read More »Shares in Europe drive army for Powell speech; Rolls-Royce slowed down
A ground crew member passes a Rolls-Royce Holdings engine on the wing of a passenger plane at Tegel Airport, operated by Berlin Brandenburg Airport, in Berlin, Germany, on July 7, 2020. Krisztian Bocsi / Bloomberg News European equities fell lower on Thursday, with markets keen on the US Federal Reserve’s …
Read More »Tesla Inc. Shares Fall Friday, Underperforming
Tesla Inc. TSLA Shares, -3.81% it dropped 3.81% to $ 1,430.76 on Friday, in what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP, + 1.48% increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA, + 0.43% increasing 0.44% …
Read More »