Gold and Precious Metals Prices Plummet Amid Middle East Developments
Precious metals prices declined as investors assessed Middle East developments, with gold, silver, platinum, and palladium all experiencing drops.
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Wall Street's Mixed Close: Inflation Report and Fed's Rate Decision in Focus
Wall Street markets closed mixed as investors analyzed the latest US inflation report and anticipated the Federal Reserve's interest rate decisions. The Dow Jones Industrial Averag...
US Oil Rig Count Stays Steady: What's Behind the Unchanged Numbers?
The US oil rig count remained unchanged at 482, while gas rigs increased by 103. The total number of rigs in the country stayed at 589, dropping by 34 year-over-year. Canadian rig ...
European Stocks End Mixed Amid Economic Data Reports
European stock indexes closed mixed on Friday as investors assessed economic reports from the UK and Eurozone, including GDP, industrial output, and trade data.
Broadcom and Costco Drive US Stock Market to New Highs
The US stock market opened higher on Friday, driven by strong performances from Broadcom Inc. and Costco Wholesale Corp., which reported significant increases in their last-quarter...
2025 Oil Demand Surge Sparks 1% Price Rise
Crude oil prices rose as the IEA revised its global oil demand growth forecast, projecting a significant uptick in 2025. WTI and Brent crude saw increases of 1.16% and 1.10% respec...
US Stocks Rally in Premarket on Robust Corporate Earnings
US stocks gained in premarket trading on Friday following strong corporate earnings, with the Dow rising 100 points and tech stocks leading the charge. Costco and Broadcom reported...
Mixed European Markets: GDP Dips, Trade Surplus, ECB Rate Cut
European stock exchanges opened mixed on Friday, influenced by UK GDP decline and German trade surplus. The ECB cut interest rates, citing slower economic growth.
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