S&P 500 futures were marginally lower Tuesday night as investors waited in anticipation for chipmaker Nvidia’s quarterly earnings announcement Wednesday after the bell. Futures tied to the broad market index slipped 0.02%, while Nasdaq 100 futures dropped 0.14%. Dow Jones Industrial Average futures was trading close to the flatline In after-hours action, Nordstrom advanced 7%…
Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of a likely September rate cut. Spot gold fell 0.6% to $2,509.75 per ounce by 0749 GMT. Bullion hit a record high of $2,531.60 on Aug. 20. U.S….
The Hang Seng plunged 182 points or 1.0% to finish at 17,692 on Wednesday, halting strength in the previous two sessions due to sharp losses across all sectors. Sentiment was downbeat after Bloomberg News said that protests in China could be on the rise as the effects of a weak economy burden citizens. The index…
Gold prices firmed on Monday, nearing its recent record high, amid solid bets of a September interest-rate cut following dovish signals from Federal Reserve Chair Jerome Powell and safe-haven demand due to geopolitical risks in the Middle East. Spot gold rose 0.3% to $2,518.47 per ounce at 01:45 p.m. ET (1742 GMT), just shy of…
Oil steadied after a three-day rally, with the threat of a halt in Libyan supply countered by a still-shaky demand outlook. Brent crude traded above $81 a barrel after rising 7% in the sharpest three-day rally since April last year, while West Texas Intermediate was near $77. Libya’s eastern government declared force majeure — a legal clause allowing…
The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partially offset investors’ optimism for imminent U.S. interest rate cuts. Geopolitical risks kept early currency moves subdued, though fears of an escalating conflict following Israel and Hezbollah’s major missile exchange over the weekend petered out….
