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Gold Futures Settle At Over 2-week Low As Dollar Rises On Upbeat Data

Gold Futures Settle At Over 2-week Low As Dollar Rises On Upbeat Data WASHINGTON (dpa-AFX) - Gold prices dropped to over 2-week lows on Thursday as the dollar strengthened and the yield on U.S. bonds rose after data showed a drop in U.S. jobless claims, and a bigger than expected addition of jobs in the private sector. The dollar index advanced to 90.55, gaining nearly 0.75%. The yield on U.S. 10-year Treasury Note climbed to over 1.6%. Gold futures for August ended down by $36.60 or about 1.9%...
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Wall Street Aims To Open Moderately Positive

Wall Street Aims To Open Moderately Positive Asian shares finished mixed, while European shares are trading down. Initials trends on the U.S. Futures Index suggest that Wall Street might open positive. As of 7.45 am ET, the Dow futures were adding 95.00 points, the S&P 500 futures were gaining 15.75 points and the Nasdaq 100 futures were adding 78.75 points. The U.S. major averages remained firmly positive at the close on Monday. The Dow climbed 186.14 points or 0.5 percent to 34,393.98, the ...
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Wall Street Trends To Open Lower

Wall Street Trends To Open Lower Asian shares finished lower, while European shares are trading on a negative trend. AMC Entertainment (AMC), Beyond Meat (BYND), Dropbox (DBX), Expedia (EXPE), GoPro (GPRO), Live Nation (LYV), Peloton (PTON), Roku (ROKU), and Yelp (YELP) are among the companies releasing their quarterly results after the close of todays trading. Pre-market trend of U.S. Futures Index suggest that Wall Street might open lower. As of 7.30 am ET, the Dow futures were down 168.00 p...
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Wall Street Aims To Open Positive

Wall Street Aims To Open Positive WASHINGTON (dpa-AFX) - Early cues from the U.S. Futures Index suggest that Wall Street might open higher on Wednesday. The investor sentiments might be impacted by reaction to the latest economic data, especially private sector employment and service sector activity. Earnings reports also might get special attention. Activision Blizzard (ATVI), Herbalife (HLF), Lyft (LYFT), Prudential (PRU), T-Mobile (TMUS), and Western Union (WU) are among the companies relea...
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The Grand Watermelon Note Returns on a Replica Silver Bar

The Grand Watermelon Note Returns on a Replica Silver Bar Treasury Note Series of 1890-1891 is not particularly memorable for its breathtaking designs and impressive artistry. Many collectors seek out the designs of the historic Silver Certificate and 1901 Bison Note and the Educational Series. However, there is one memorable design from the Treasury Note Series that has proven exceptionally popular with collectors for its unique visual elements. Known as the Grand Watermelon, existing spec...
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A Powerful Rotation Out of Tech Stocks Could Start This Month, Wells Fargo's Chris Harvey Says

Business 6 hours ago "Take some profits," the firms head of equity strategy told CNBCs "Trading Nation" on Friday. "Its not that we hate tech. Its just some of the tech companies are high growth, high risk, [and] high multiple." Meanwhile, Wall Street is coming off a positive month. The tech-heavy Nasdaq saw its sixth monthly gain in a row. It rallied more than 7% in April, closing the month at 13,860.76. The index is 2.5% below its all-time high hit last Thursday. Harvey attrib...
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Gold Futures Settle Lower For 3rd Straight Day

Gold Futures Settle Lower For 3rd Straight Day WASHINGTON (dpa-AFX) - Gold futures settled lower on Thursday, sliding for a third successive day, after bond yields rose and on data that showed the U.S. economy saw a strong growth in the first quarter. The yield on U.S. 10-year Treasury Note rose to about 1.65%. A slightly stronger dollar weighed as well on gold prices. The dollar index rose to 90.79 before paring some gains and retreating to 90.70. Gold futures for June ended down by $5.60 or a...
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