One kilogram gold bars. Photographer: Brendon Thorne/Bloomberg (Bloomberg) — Gold steadied after a two-day gain as investors waited for a US inflation report that’ll shed light on the path for interest rates, while assessing continued threats to the Federal Reserve’s independence. Bullion held just below $3,400 an ounce, with traders looking ahead to Friday’s US…
U.S. stocks ended higher on Tuesday as investors looked past President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook and waited for AI chipmaker NVIDIA to announce its quarterly results on Wednesday. All three major indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.3% or 135.60 points, to close…
Chip giant Nvidia is set to report second-quarter financial results, seen as a bellwether for the industry as worries about a tech bubble rise (I-Hwa Cheng) Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI…
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks were steady on Wednesday ahead of an earnings report from AI leader Nvidia that will shape near-term risk sentiment, while the U.S. dollar was frail as investors remained nervous about attacks on Federal Reserve autonomy. The U.S. Treasury yield curve has been steepening since President Donald Trump on…
US stock futures inched higher with Wall Street on edge ahead of Nvidia’s (NVDA) earnings report. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) rose 0.1%. The chip giant is set to report its results on Wednesday after the bell. Investor expectations are…
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets U.S. tech stocks seem to have found a level following two days of sharp pullbacks, but the Treasury market was unnerved by the latest Federal Reserve drama just as everyone awaits the central bank’s…