Investors are selectively buying the dip as you’d expect after US stocks suffered their biggest one day sell off since August. Dip buying saw the major US indices pretty much close flat on Thursday. But remember, we all know the Fed choked the Santa rally. Sentiment was battered. The S&P 500$S&P 500 Index (.SPX.US)$fell back to where it was six weeks ago, and that’s where...
In 2024, the Australian stock market has shown resilience and strength, with the$S&P/ASX 200 (.XJO.AU)$reaching new highs throughout the year. On December 3rd, the ASX 200 broke through 8,514 points during trading hours, setting another historical record. As of December 18th, the ASX 200 has accumulated a year-to-date increase of 8.94%. Despite global economic uncertainties and sustained high policy interest rates in the Australi...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. • Base metals: Lead prices drop to $1977 per tonne • Energy metals: Li Carbonate prices drop 0.7% in the past week • Precious metals: Gold prices drop 0.7% to $2654 per oz • Bulk commodities: Iron ore prices drop 1.4% in the past week Spot Price Snapshot Key Price M...
US stocks and cryptocurrencies take a breather after hitting brand-new records the day prior The S&P 500$S&P 500 Index (.SPX.US)$shaved off 0.2%, the Nasdaq 100$NASDAQ 100 Index (.NDX.US)$fell 0.3%, and the Bitcoin price fell below $100,000 after reaching the milestone level for the first time. Investors are being a bit cautious ...
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. •Base metals: Zinc prices rise to $3092 per tonne •Energy metals: Li carbonate prices drop -0.7% in the past week •Precious metals: Gold prices drop 1.6% to $2651 per oz •Bulk commodities: Iron ore prices rise 4.2% in the past week Spot Price Snapshot Key Price Mo...
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