This replaces a previous item that incorrectly reported loss compared to expectations. It has been corrected and the price movements have been updated. Dow Inc. DOW Shares, -4.28% It fell 4.7% in Thursday morning operations, after the materials science company slowed to a narrower-than-expected loss and reported revenue that fell …
Read More »Gold prices approach the highest settlement in history as silver futures take a breather
Gold prices appeared to extend a winning streak to a fifth straight session on Thursday, bringing the yellow metal at a distance from a record settlement high of around $ 1,900 an ounce, underscoring the feverish demand for bullion amid the worst pandemic in more than a century. If gold …
Read More »Tesla stocks rise as generous earnings drive both bulls and bears to raise price targets
Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
Read More »“We want a stable dollar,” says US Treasury Secretary Mnuchin: “It is the world’s reserve currency and we are going to protect that.”
Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
Read More »Southwest shares rise after slipping to less-than-expected loss as passenger revenue exceeds
Shares of Southwest Airlines Co. LUV, -0.95% It rose 1.5% in premarket operations on Thursday, after the airline suffered a large loss that was narrower than expected, as the drop in passenger demand was not as bad as feared . The company said reserves decreased during July. Net loss was …
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