Gold prices hit fresh highs this week , with spot values extending their record run above the $3,500 mark into the middle of the week. By Wednesday morning, bullion had climbed down from Tuesday’s $3,537 highs to trade at $3,534.42 an ounce at 1:17 a.m. ET. Meanwhile, U.S. gold futures for December delivery surged to…
The Israel-Iran conflict will continue to hang over the stock market next week, as investors wait and see whether there will be an escalation in the region. Traders will also be awaiting the latest Federal Reserve meeting. Though the initial stock response to the attack was subdued, equity losses deepened on Friday afternoon. The Dow…
Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The…
The euro has seen significant gains against the dollar amid uncertainty around President Trump’s tariffs policies. Matt Cardy | Getty Images News | Getty Images U.S. President Donald Trump’s tariffs regime has sparked volatility in American assets — and European officials are making no secret of wanting the euro to seize upon wavering confidence in…
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped…
