Gold Drops 2% in 'Typical' Move After Touching Record Highs This Week

Gold futures dropped by more than 2% in Friday dealings, on track to post their first weekly loss in a month in what some analysts see as a "typical" pullback in the wake of the metal's rise to record highs earlier this week.

MarketWatch12:24 ET

Plug Power Shares Decline 16% After Detailing Pricing of $200M Share Offering

By Denny Jacob Plug Power shares declined 16% after detailing the pricing of its previously announced $200 million public share offering. Shares were trading around $2.47, extending losses from after-

WSJJul 19 11:00 ET

Gold market analysis: USD bottom rebound, gold price profit-taking adjustment and fall from high position.

Bank of China's Guangdong branch manager Wang Gang said that due to data impact, the US dollar index saw its biggest daily increase since June 13, indirectly forcing a small profit-taking adjustment in gold. At the same time, the European Central Bank kept interest rates unchanged, and its president Lagarde stated that the action in September is "not yet certain," which slightly pressured gold. Although it is currently experiencing some resistance and fallback while refreshing historical highs, it faces certain short-term correction pressures. However, as long as the Federal Reserve is expected to cut interest rates before the end of the year, the probability of gold strengthening is greater than that of falling.

FX678 FinanceJul 19 02:34 ET

Wall Street Today | Market Faces Second-Day Pullback

The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.

ColumnJul 18 16:31 ET

S&P 500, Nasdaq and Dow Jones Industrial Average All Sink Thursday

The market eased Thursday, adding to a semiconductor sell-off on Wednesday.

Moomoo NewsJul 18 16:00 ET

OpenAI Reportedly Rolls Out Smaller, Cheaper Iteration of Flagship AI Model

ChatGPT-maker OpenAI unveiled on Thursday GPT-4o mini, a smaller, cheaper version of its most capable AI model, GPT-4o, according to media reports.The new model will be available Thursday for free

MT NewswiresJul 18 12:33 ET