fbpx

gold

It’s the worst September for stocks since 2008. What that means for October.

September is traditionally the toughest month for stocks, but this one is shaping up to be the worst since 2008, during the bleak days of the financial crisis. Seasonally inclined investors may wonder what that means for October. Dow Jones Market Data took a look at how equities have done in the wake of past …

It’s the worst September for stocks since 2008. What that means for October. Read More »

Stock market losses wipe out $9 trillion from Americans’ wealth

Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according …

Stock market losses wipe out $9 trillion from Americans’ wealth Read More »

Gold falls to 2 1/2-year low as dollar extends rise

Gold tumbled to a 2½ year low on Monday as the 10-year Treasury yield climbed to its highest level since 2010, and the dollar advanced to fresh 20-year highs. Price action Gold futures for December delivery GC00, -0.28% GCZ22, -0.28% fell $2.10. or 0.1%, to $1,653.50 per ounce on Comex after trading as low as $1,633.80. Prices for the most-active …

Gold falls to 2 1/2-year low as dollar extends rise Read More »

Oil Falls Below $80 En Route to Biggest Run of Weekly Losses This Year

Oil headed for the longest stretch of weekly losses this year as central banks around the world stepped up their fight against inflation at the cost of growth. West Texas Intermediate dropped below $80 a barrel on Friday for the first time since January and was set for a fourth week of declines. The Federal …

Oil Falls Below $80 En Route to Biggest Run of Weekly Losses This Year Read More »

U.S. stocks rise ahead of Fed decision even as Putin escalates war footing

U.S. stock indexes rose on Wednesday, ahead of another expected sharp interest rate rise by the Federal Reserve and after Russian President Vladimir Putin escalated his war against Ukraine. How are stock indexes trading The Dow Jones Industrial Average  DJIA, 0.53% rose 143 points, or 0.5%, to 30,853 The S&P 500  SPX, 0.63% gained 18 points, or 0.5%, to 3,873 The …

U.S. stocks rise ahead of Fed decision even as Putin escalates war footing Read More »

The mighty dollar may be about to crack, says this strategist, who offers stocks to watch on either side.

Critical information for the U.S. trading day The Dollar Seems To Be Falling There’s no near-term respite in sight for stocks as a new week begins, with futures tumbling ahead of what many see will be a firm foot by the Fed “on the brake pedal this week.” Technical analysts are warning that markets are …

The mighty dollar may be about to crack, says this strategist, who offers stocks to watch on either side. Read More »

Mortgage rates surpass 6 percent for the first time since 2008

Borrowing costs have doubled in the past nine months as the Federal Reserve has increased interest rates The 30-year fixed-rate average hit 6.02 percent this week, reaching its highest level in 14 years. (Jim Lo Scalzo/EPA-EFE/REX/Shutterstock) Mortgage rates surpassed 6 percent for the first time in 14 years as inflation proved resistant so far to …

Mortgage rates surpass 6 percent for the first time since 2008 Read More »

The ‘biggest crash in history’ is here – should you protect yourself with gold, silver, and livestock? – Robert Kiyosaki

he S&P 500 has lost 18 percent of its value over the year, and it is only going to get worse, according to Robert Kiyosaki, best-selling author of the Rich Dad, Poor Dad series. Kiyosaki suggested that investors protect their portfolios with “hard assets” like gold, silver, and livestock, as the “biggest crash in history” …

The ‘biggest crash in history’ is here – should you protect yourself with gold, silver, and livestock? – Robert Kiyosaki Read More »

Gold ends lower as August inflation surprise feeds likelihood of higher U.S. interest rates

Gold and silver prices ended lower on Tuesday as U.S. inflation for August came in surprisingly strong, raising the likelihood for further increases in interest rates, and causing the dollar to rise and short-term Treasury yields to reach fresh 14-year highs. Price action Gold futures GCZ22, -1.55% GC00, -1.55% for December delivery fell $23.20, or 1.3%, to settle at $1,717.40 …

Gold ends lower as August inflation surprise feeds likelihood of higher U.S. interest rates Read More »

Silver prices see short squeeze, testing resistance near $20, up 6% on weak dollar

Solid selling pressure on the U.S. dollar has created a significant short squeeze in silver, as the marketing starts the week with a 6% rally. Silver is seeing a solid breakout move and, according to some analysts, could be in a position to push back above $20 an ounce, which has been an important psychological level …

Silver prices see short squeeze, testing resistance near $20, up 6% on weak dollar Read More »

Scroll to Top