Goldpricessurged to a record on rising expectations of an interest rate cutin September. Investors are turning to gold as a safe haven amid softer inflation data and dovish comments from Fed Chair Jerome Powell, boosting the likelihood of rate cuts this year.Gold futuressettled up 1.6% higher a...
Where the stock market will trade today based on Dow Jones Industrial Average, S&P 500 and Nasdaq-100 futures and implied open premarket values. Commodities, currencies and global indexes also shown.
Brent crude futures contracts traded just cents shy of $90 a barrel on Wednesday morning. The price of Brent’s American counterpart, West Texas Intermediate, crossed $86 for the first time since October. On the supply side, prices have been buoyed this year by production cuts totaling 2.2 m...
It also offers risk management through the futures contracts for eligible A-shares listed on the Stock Connect. The index uses a balanced sector weight methodology to give exposure to the breadth of the country’s economy.KBAhas a management fee of 0.56%, with contractual fee waivers that end...
Trade uncertainty and demand worries had oil moving lower again. October crude futures slipped 2 cents to end at $67.75 per barrel, putting their weekly deficit at 2.9%. The stronger dollar put pressure on gold today, with December-dated gold futures losing $3.90, or 0.3%, to settle at $...
"But I think having digested the additional economic data that's come out, as well as ongoing geopolitical pressures and other developments, we're seeing today investors pulling back and taking a breather," Bassuk added. — CNBC's Jeff Cox contributed to this report...
There are contrarian indicators coming from the futures market that have Wolfe Research turning more positive on stocks.Nasdaq 100 futuresare down 29% from the peak and now large speculators have flipped to their most aggressive short position in over two years, analyst Rob Ginsberg wrote in a ...
Stock futures were little changed to begin trading on Wednesday evening. Futures tied to the Dow Jones Industrial Average were down 0.02%, while S&P 500 futures ticked lower by 0.05% and Nasdaq 100 futures inched higher by 0.02%. In regular trading, all of the major averages closed at recor...
5 Items on Our Radar Today: The digital currencyBitcoincontinues to soar, breaking above the $2,200 level to hit record highs. According toCNBC, buying $100 worth of Bitcoin in May 2010 would have netted an investor $75 million. (CNBC) ...
This sparked a gain of $1.30, or 1.8%, for November-dated crude futures, which closed at $72.08 per barrel. Gold prices saw modest gains today ahead of an expected rate hike from the Fed this week. December gold futures rose $3.10, or 0.3%, and ended at $1,204.40 an ounce. The ...