Silver futures marked their biggest sell-off in nearly four years on Monday, fueled by a sharp rise in investment demand as the metal continues to catch up with sister metal gold. Trading in the gray metal is worth just 10% of what gold sees every day, so hedge funds and …
Read More »OPEC meeting worries oil investors
Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
Read More »Dow futures are up 400 points to start the week, led by a surge in China markets
US stock index futures rose sharply early Monday to begin the first full week of trading in July, with investors linking at least part of the uptrend emanating from Wall Street to a powerful rebound in China. However, Monday’s optimism in the market contrasts with a continued rise in coronavirus …
Read More »Oil falls as coronavirus cases grow fueling fuel demand concerns
South Belridge Oil Field is the fourth largest oil field in California and one of the most productive in the USA. David McNew | fake pictures Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed prospects …
Read More »Increase nearly 400 points after strong job report despite record rise in new daily coronavirus cases
US stocks rose on Thursday as investors digested a stronger-than-expected monthly employment report amid a growing number of new cases of coronavirus. The US financial markets will be closed on Friday and the bond market will close an hour earlier at 2 pm ET on Thursday, and the Independence Day …
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