Opinion: Sell signs are popping up all over the stock market
S&P 500 is in a clear downtrend, but defensive consumer staples sector looks solid
Source: marketwatch.com
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Why gold prices are up as investors look to Powell's remarks for hints on the outlook for interest rates
Gold futures finish higher on Thursday, recovering from a brief dip as investors look to remarks from Federal Reserve Chairman Jerome Powell for hints on the...
Edmund Moy Brien Lundin Jerome Powell Economic Club Of New York Federal Reserve Federal Reserve Chairman Jerome Powell
Source: marketwatch.com
CSX's results are a mixed bag, amid weaker rail demand and 'low expectations'
CSX Corp. on Thursday reported a per-share profit that just missed estimates but sales that just topped them.
Source: marketwatch.com
BlueScope Steel Cuts Earnings Guidance on Weaker U.S. Steel Prices
By Mike Cherney SYDNEY--Australia-based BlueScope Steel cut its earnings guidance for the first half of the 2024 fiscal year, amid softer than expected...
Mike Cherney U Bluescope Properties Group Bluescope Steel Australia Based Bluescope Steel Bluescope Properties Group Article Normal
Source: marketwatch.com
Materials Slide as Treasury Yields Hit New Highs -- Materials Roundup
Producers of metals and other raw materials fell after mixed earnings reports. Shares of Alcoa fell to their lowest level in roughly 20 months after the...
Source: marketwatch.com
Liontown Completes A$365 Million Equity Raise After Albemarle's Exit
By Stuart Condie SYDNEY--Liontown Resources completed an equity raise of 365 million Australian dollars ($231 million) from institutional investors following...
Source: marketwatch.com
Albemarle Stock Is Plunging. A Downgrade to Sell Slammed the Price.
BofA Securities analyst Steve Byrne wrote that he expects supplies of lithium to exceed demand in 2024 and 2025.
Source: marketwatch.com
Australia's Whitehaven Set to Buy Two BHP, Mitsubishi Coal Mines
The mines produce lower-quality coal than some of the joint venture’s other operations
Source: wsj.com
Glencore to Close Mount Isa Underground Copper Mines, Concentrator
By Rhiannon Hoyle Swiss commodities giant Glencore said it will close the Mount Isa Mines underground copper operations and copper concentrator in Australia...
Source: marketwatch.com
Australia's Whitehaven to Buy Two BHP, Mitsubishi Coal Mines -- 2nd Update
By Rhiannon Hoyle Mining giant BHP Group and Japan's Mitsubishi have agreed to sell two jointly owned steelmaking coal mines in Australia to Whitehaven Coal...
Source: marketwatch.com