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Gold Slips Below $1,700, Copper Subdued as Fed Jitters Persist By Investing.com
© Reuters. By Ambar Warrick Investing.com– Spot gold prices traded below a key support level on Thursday, extending recent declines as concerns over more hawkish measures by the Federal Reserve continued to chip away at metal markets. was largely unchanged after finishing the prior session around $1,697.42 an ounce, while fell 0.1% to $1,707.30 an ounce […] More
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Oil Slips on Demand Jitters Ahead of U.S. CPI, OPEC Report By Investing.com
© Reuters By Ambar Warrick Investing.com– Oil prices fell in choppy trade on Tuesday as traders feared more headwinds to demand from COVID lockdowns in China, with focus now turning to the OPEC’s monthly outlook report due later in the day. A series of COVID lockdowns in China, the world’s largest crude importer, have spurred a […] More
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Roblox Slips as Cowen Starts at Underperform, Sees Over 30% Downside Risk By Investing.com
© Riccardo Milani / Hans Lucas via Reuters Connect Roblox (RBLX) Slips as Cowen Starts at Underperform, Sees Over 30% Downside Risk By Senad Karaahmetovic Shares of Roblox Corp (NYSE:) are down over 1.5% in early Monday trading after a Cowen analyst initiated research coverage with an Underperform rating. The analyst sees “high validation” as a […] More
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Dollar Slips, Euro Jumps on Hawkish ECB Stance By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday, while the euro jumped to a three-week high as traders reassessed the European Central Bank’s interest rate trajectory in the wake of last week’s jumbo rate hike. At 03:05 ET (07:05 GMT), the , which tracks the greenback against […] More
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Dollar Slips, Euro Approaches Parity Ahead of ECB Meeting By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, with the euro rebounding ahead of the latest European Central Bank rate decision, which is expected to result in another aggressive increase. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a basket of six […] More
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S&P 500 Slips as Yield Surge Weighs on Tech By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The S&P 500 fell Tuesday after swinging between gains and losses as tech struggled to fight off a jump in Treasury yields following stronger-than-expected economic data. The fell 0.5%, the lost 0.60%, or 188 points, the was down 0.74%. Tech was pushed lower as big tech wavered after […] More
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Ciena Slips After JPMorgan Downgrade, Analyst Sees Risk Tilted to Downside By Investing.com
© Reuters. Ciena (CIEN) Slips After JPMorgan Downgrade, Analyst Sees Risk Tilted to Downside By Senad Karaahmetovic Shares of Ciena (NYSE:) are down about 2.5% in premarket Tuesday after a JPMorgan analyst downgraded to Neutral from Overweight with a $45.00 per share price target (down from $62.00). CIEN shares fell about 13% in recent days […] More
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Irish services sector growth slips to 17-month low in August
© Reuters. FILE PHOTO: People walk along a street in the city centre of Dublin, Ireland, February 11, 2022. REUTERS/Clodagh Kilcoyne DUBLIN (Reuters) – Growth in Ireland’s services sector slowed to a 17-month low in August but remained stronger than in several major trading partners, a survey showed on Monday. The AIB S&P Global (NYSE:) […] More
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S&P 500 Slips as Rate Hike Fears Persist By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The S&P 500 slipped Wednesday after struggling to hold early-day gains as fears about aggressive Federal Reserve rate hikes continued to keep investors on the sidelines. The fell 0.5%, the slipped 0.7%, or 208 points, the was down 0.3%. Big tech traded mix after retreating from session highs […] More
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S&P 500 Slips on Tech Rout as Strong Economic Data Stoke Hawkish Fed Jitters By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The S&P 500 fell Tuesday, as data pointing to ongoing strength in the labor market and the consumer bolstered expectations for the Federal Reserve to stay the course on monetary policy tightening. The fell 1.3%, the slipped 1.1%, or 349 points, the was down 1.5%. unexpectedly climbed back to […] More
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Lucid Group Files Massive Shelf Offering, Stock Slips Lower By Investing.com
© Reuters. Lucid Group (LCID) Files Massive Shelf Offering, Stock Slips Lower Shares of Lucid Group (LCID) are slipping lower in Monday’s after-hours session, after the company filed a massive S-3 mixed shelf registration statement. The struggling luxury electric vehicle manufacturer registered to offer up to $8,000,000,000 of common and preferred stock, depositary shares, debt […] More
