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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices slip amid economic concerns in china and a strengthening dollar
•Energy metals: Nickel prices retreat from nine-month peak
•Precious metals: Gold prices surge 1.9% in a week
Spot Price Snapshot
Key Price Moves
Over the past week, the price...
•Base metals: Copper prices slip amid economic concerns in china and a strengthening dollar
•Energy metals: Nickel prices retreat from nine-month peak
•Precious metals: Gold prices surge 1.9% in a week
Spot Price Snapshot
Key Price Moves
Over the past week, the price...
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Jinta Hong, CFA
Background
As we enter the second half of 2024, the global financial landscape remains dynamic, influenced by international relations and economic policies. While major markets like the US, Japan, India, and parts of Europe have seen significant growth, Australia has faced challenges such as inflation and weak Chinese economic performance. The $S&P/ASX 200(.XJO.AU$ index reached a historic peak in April ...
Background
As we enter the second half of 2024, the global financial landscape remains dynamic, influenced by international relations and economic policies. While major markets like the US, Japan, India, and parts of Europe have seen significant growth, Australia has faced challenges such as inflation and weak Chinese economic performance. The $S&P/ASX 200(.XJO.AU$ index reached a historic peak in April ...
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G'day, mooers! Check out the latest news on today's stock market!
• S&P 500, Nasdaq end 3-Day losing streak
• Australian shares dip ahead of inflation report
• Stocks to watch: Star Entertainment, Healius, Bannerman Energy
Wall Street Summary
$NVIDIA(NVDA.US$ shares rebounded on Tuesday, lifting the S&P 500 and Nasdaq Composite, following a sell-off in the chipmaking giant the day before.
The broad market $S&P 500 Index(.SPX.US$ c...
• S&P 500, Nasdaq end 3-Day losing streak
• Australian shares dip ahead of inflation report
• Stocks to watch: Star Entertainment, Healius, Bannerman Energy
Wall Street Summary
$NVIDIA(NVDA.US$ shares rebounded on Tuesday, lifting the S&P 500 and Nasdaq Composite, following a sell-off in the chipmaking giant the day before.
The broad market $S&P 500 Index(.SPX.US$ c...
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G'day, mooers! Check out the latest news on today's stock market!
• Wall Street closes mixed
• ASX rises; Paladin plummets
• Stocks to watch: Paladin Energy, Healius, Synlait Milk, Coronado Global Resources
Wall Street Summary
U.S. stock indices were mixed, while $NVIDIA(NVDA.US$'s stock falls into correction territory with an almost $400 billion plunge. Meanwhile, investors are awaiting May's personal consumption expenditure data and the Federal Rese...
• Wall Street closes mixed
• ASX rises; Paladin plummets
• Stocks to watch: Paladin Energy, Healius, Synlait Milk, Coronado Global Resources
Wall Street Summary
U.S. stock indices were mixed, while $NVIDIA(NVDA.US$'s stock falls into correction territory with an almost $400 billion plunge. Meanwhile, investors are awaiting May's personal consumption expenditure data and the Federal Rese...
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ces short
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G'day, mooers! Check out the latest news on today's stock market!
• S&P 500, Nasdaq saw a dip
• Australian shares slip as inflation worries heighten; Cettire tumbles 40%
• Stocks to watch: Cettire, Myer, Premier, Metcash, Star Entertainment
Wall Street Summary
U.S. stock indices retreated as $NVIDIA(NVDA.US$ gave back some of its recent gains ahead of the quarter-end rebalancing of investors' portfolio tha...
• S&P 500, Nasdaq saw a dip
• Australian shares slip as inflation worries heighten; Cettire tumbles 40%
• Stocks to watch: Cettire, Myer, Premier, Metcash, Star Entertainment
Wall Street Summary
U.S. stock indices retreated as $NVIDIA(NVDA.US$ gave back some of its recent gains ahead of the quarter-end rebalancing of investors' portfolio tha...
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by Luzi Ann Santos
US stocks were mixed, with the $Dow Jones Industrial Average(.DJI.US$ weighed down by weak manufacturing data, while the $S&P 500 Index(.SPX.US$ and $Nasdaq Composite Index(.IXIC.US$ got a boost from gains in $NVIDIA(NVDA.US$.
Trading in some of the stocks, including $Berkshire Hathaway-A(BRK.A.US$ were temporarily halted before 10 a.m. Monday in New York after a technical glitch that sent shares in the compan...
US stocks were mixed, with the $Dow Jones Industrial Average(.DJI.US$ weighed down by weak manufacturing data, while the $S&P 500 Index(.SPX.US$ and $Nasdaq Composite Index(.IXIC.US$ got a boost from gains in $NVIDIA(NVDA.US$.
Trading in some of the stocks, including $Berkshire Hathaway-A(BRK.A.US$ were temporarily halted before 10 a.m. Monday in New York after a technical glitch that sent shares in the compan...
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• Top gainers: $Nickel Industries Ltd(NIC.AU$, $Yancoal Australia Ltd(YAL.AU$, $Whitehaven Coal Ltd(WHC.AU$
• Top losers: $Boss Energy Ltd(BOE.AU$, $Cettire Ltd(CTT.AU$, $Contact Energy Ltd(CEN.AU$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU$ closed 0.3% lower at 7766.7 after data showed last month's retail sales were weaker than economists had expected. The benchmark index opened modestly higher in the absence of a...
• Top losers: $Boss Energy Ltd(BOE.AU$, $Cettire Ltd(CTT.AU$, $Contact Energy Ltd(CEN.AU$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU$ closed 0.3% lower at 7766.7 after data showed last month's retail sales were weaker than economists had expected. The benchmark index opened modestly higher in the absence of a...
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On this Monday, the London Metal Exchange witnessed a significant surge in benchmark copper prices, reaching an unprecedented nominal peak above the $11,000/t mark. This milestone eclipsed the previous high of $10,850, recorded in 2022.
However, the market saw a dramatic reversal on Wednesday, with prices plummeting 4.3% to $10,396/t—marking the steepest single-day drop since July 2022. Despite this midweek slump, copper prices have maintain...
However, the market saw a dramatic reversal on Wednesday, with prices plummeting 4.3% to $10,396/t—marking the steepest single-day drop since July 2022. Despite this midweek slump, copper prices have maintain...
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G'day, mooers! Check out the latest news on today's stock market!
• Dow marked worst day this year
• Shares down as miners hit; gold, iron ore drop
• Stocks to watch: Appen, Newmont
Wall Street Summary
Stocks fell on Thursday, with the Dow marking its worst day of 2024, despite Nvidia seeing a $221 billion boost in its market cap on the day. The $Dow Jones Industrial Average(.DJI.US$ ended 605 points lower, or down 1.5%. The $Nasdaq Composite Index(.IXIC.US$ lost 0.4%...
• Dow marked worst day this year
• Shares down as miners hit; gold, iron ore drop
• Stocks to watch: Appen, Newmont
Wall Street Summary
Stocks fell on Thursday, with the Dow marking its worst day of 2024, despite Nvidia seeing a $221 billion boost in its market cap on the day. The $Dow Jones Industrial Average(.DJI.US$ ended 605 points lower, or down 1.5%. The $Nasdaq Composite Index(.IXIC.US$ lost 0.4%...
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