US stocks closed lower on Friday as the tech-laden Nasdaq Composite registered its first consecutive drop since mid-May, while investors worried about rising Sino-American tensions and lack of progress in another. fiscal stimulus bill in Washington. The increase in coronavirus cases in 40 US states is also limiting consumer and …
Read More »Boeing earnings preview: Can the company meet even low expectations?
Boeing Co. is slated to report second-quarter results on the Wednesday before the bell, giving investors a clearer picture of the impact of the coronavirus pandemic on a company that is already plagued with problems of its own making. Boeing BA, -1.52% he’s scheduled to hold a call with analysts …
Read More »Gold hits record, with prospects of $ 2,000 per ounce stronger than ever
Gold futures posted a record deal on Friday, along with their strongest weekly performance since early April, with calls to the never-before-seen level of $ 2,000 an ounce for the precious metal to come stronger than ever. “The gold and silver bulls will face a real challenge in the next …
Read More »“I would buy now and keep buying,” says pioneering gold investor
“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
Read More »Global stocks sink as China retaliates to close consulate
Text size Chinese Foreign Ministry spokesman Wang Wenbin talks about the order to close the United States consulate in Chengdu. fake pictures Global stocks fell on Friday as political events swept away a wave of negativity in the markets. The Dow Jones Industrial Average fell 126 points, or 0.5%. The …
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