Archive for Tag: market news today

Market Outlook

Gold Down, But Inflation, COVID-19 Concerns Cap Losses

Gold was trading 0.98% down at $1797.10 Gold was down on Monday morning in Asia. However, lower U.S. Treasury yields in addition to concerns over the rising number of COVID-19 cases globally and its impact on the global economic recovery capped losses for the yellow metal. Gold Futures inched...

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market outlook

Gold Up Over Softer Dollar, Investors Await Latest Fed Meeting Minutes

Gold was trading 0.85% up at $1,809.50 Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session.Gold Futures were up 0.25% to $1,798.60 by 12:41 AM ET (4:41 AM GMT) after climbing to their highest level since Jun. 17 during the previous...

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Gold Up as Dollar Weakens, Investors Await Fed Minutes

   Gold was trading 1.51% down at  $1,810.50 Gold was up on Tuesday morning in Asia and was close to a two-week high Gold Futures rose 0.80% to $1,797.65 by 11:34 PM ET (3:34 AM GMT) after hitting its highest since June 18 at $1,794.86 on Friday. The dollar,...

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Oil falls amid dollar strength; demand picture still bullish

Brent Crude was trading 1.15% down at  $72.25. Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off...

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Apple’s Tim Cook to defend App Store at trial with Fortnite maker

Apple Inc (NASDAQ:AAPL) UP 2.10% AT 127.31 Apple Inc (NASDAQ:AAPL) Chief Executive Tim Cook on Friday will take the witness stand to defend the App Store, a booming part of the iPhone maker’s business that “Fortnite” maker Epic Games says is a monopoly that Apple abuses. Cook is expected...

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Toyota Motor powers to record high with cyclical shares back in demand

Toyota Motor (NYSE:TM) UP 1.98% AT 8819 Shares of Toyota Motor (NYSE:TM) touched a record high on Tuesday as investors flocked back to automakers and other relatively cheap cyclical stocks while ditching tech companies that shone earlier in the pandemic. Toyota’s shares rose as much as 2.6% to 8,869...

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Axa division in Asia hit by ransomware cyber attack

AXA UP 0.40% AT 22.74 French insurer Axa said on Sunday that one of its businesses in Asia was hit by a ransomware attack, adding that it was investigating after some data processed in Thailand was accessed. The group said the cyber-attack had targeted its Asia Assistance division, impacting...

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Mexico union was losing scrapped GM worker vote

General Motors Co (NYSE:GM) DOWN 3.53% AT 53.76 General Motors Co (NYSE:GM)workers in Mexico were on track to defeat one of the country’s biggest unions in a contract vote last month that has prompted U.S. action under the countries’ trade deal, a Mexican government report shows. The Biden administration...

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The U.S. state with the most detailed corporate diversity disclosures

Boeing (NYSE:BA) Co DOWN 1.08% AT 232.93 Aerospace company Boeing (NYSE:BA) Cowas explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland (NYSE:ADM) Co offered a more general accounting, saying its board was 55% diverse. Illinois officials have seen the range...

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