The allure of gold has captivated investors for centuries, and in recent years, the yellow metal has seen a resurgence in popularity. As of October 2024, gold prices have reached record highs, with spot prices surpassing $2,700 per ounce. Analysts predict that gold could continue its upward trajectory, potentially reaching $3,500 by 2025. As a safe-haven asset, gold has been sought after during times of economic uncertainty a...
What's happening? Well, three things: Volatility is calming. It's as calm as a cucumber compared to last week (see below). Markets are going back to ‘business as usual.’Markets are holding their breath for Jerome Powell's signal of a Fed rate cut in September at his Jackson Hole address next week, with this week's CPI release not expected to rock the boat. For the most part, it looks like markets...
G'day, mooers! Check out the latest news on today's stock market! • U.S. stocks fall Friday, but still end strong first half of 2024 • Australia shares dip; Lendlease rises post $480m deal • Stocks to watch: Lendlease Wall Street Summary U.S. stocks fell on Friday as traders reacted to PCE data showing slowing inflation and better-than-expected consumer sentiment data. However, they still had a strong first half in 2024. The b...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500, Dow end flat • Australian stocks rebound; IAG, Suncorp gain • Stocks to watch: IAG, Adore Beauty Wall Street Summary The S&P 500, Dow ended flat Thursday as traders awaited Friday's release of Fed's favored inflation gauge to get clues on when the Federal Reserve might begin lowering interest rates. The broad market$S&P 500 Index (.SPX.US)$closes flat at 5,48...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500, Nasdaq end 3-Day losing streak • Australia shares decline by 0.9%; technology, property sectors drop • Stocks to watch: Baby Bunting Wall Street Summary The Nasdaq is on track for an 18.6% first-half gain, thanks to$NVIDIA (NVDA.US)$'s strong performance. Despite trading lower most of the day, Nvidia closed up 0.25%. The broad market$S&P 500 Index (.SPX.US)$close at ...
AUD/USD Forum
it looks like markets...
• U.S. stocks fall Friday, but still end strong first half of 2024
• Australia shares dip; Lendlease rises post $480m deal
• Stocks to watch: Lendlease
Wall Street Summary
U.S. stocks fell on Friday as traders reacted to PCE data showing slowing inflation and better-than-expected consumer sentiment data. However, they still had a strong first half in 2024.
The b...
• S&P 500, Dow end flat
• Australian stocks rebound; IAG, Suncorp gain
• Stocks to watch: IAG, Adore Beauty
Wall Street Summary
The S&P 500, Dow ended flat Thursday as traders awaited Friday's release of Fed's favored inflation gauge to get clues on when the Federal Reserve might begin lowering interest rates.
The broad market $S&P 500 Index (.SPX.US)$ closes flat at 5,48...
• S&P 500, Nasdaq end 3-Day losing streak
• Australia shares decline by 0.9%; technology, property sectors drop
• Stocks to watch: Baby Bunting
Wall Street Summary
The Nasdaq is on track for an 18.6% first-half gain, thanks to $NVIDIA (NVDA.US)$'s strong performance. Despite trading lower most of the day, Nvidia closed up 0.25%.
The broad market $S&P 500 Index (.SPX.US)$ close at ...
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