Commodity Roundup: Oil Prices Down, Gold Steadies as Focus Shifts to Fed Rate Decision

Seeking Alpha05:16 ET

During the 'Trump trade' all-night revelry: which records are being broken?

With Trump reclaiming the White House, a series of 'Trump trade' activities in the global financial markets on Wednesday undoubtedly plunged into an all-night celebration; Many investors quickly picked up many profitable strategies from 2016. From the trend of the market, this time various market sectors seem to be even more 'crazy' than in 2016...

cls.cn20:48 ET

Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.

Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.

wallstreetcn18:18 ET

EOG Resources Q3 2024 Earnings Preview

Seeking Alpha17:35 ET

Market Prices in Trump Victory with Index Records | Wall Street Today

Kevin Travers17:04 ET

Williams Non-GAAP EPS of $0.43 Beats by $0.02, Revenue of $2.65B Beats by $130M

Seeking Alpha16:28 ET