Oil sheds $1 as Fed interest rate outlook stokes demand fears - Markets
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S....
Source: brecorder.com
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Gold, silver price on 21 May 2024: Yellow metal prices are on a roll this month, silver hovering above Rs 93000
In the international market, gold prices maintained a similar trend, hovering around $2,414.09 per ounce. This indicates a certain level of stability in the gold market.
Source: businesstoday.in
Oil falls more than $1 as Fed rate outlook stokes demand fears
HOUSTON :Oil prices fell more than 1 per cent on Tuesday as lingering U.S. inflation was poised to keep interest rates higher for longer, which could impact consumer demand at the pump.Brent crude futures fell by $1.16, or 1.4 per cent, to $82.55 a barrel by 11:45 a.m. ET (1545 GMT). U.S. West Texas Intermedi
Source: channelnewsasia.com
Muted U.S. Index Futures as Investors Await Nvidia Earnings and Fed Policy Signals
U.S. index futures saw minimal movement as investors paused ahead of Nvidia's anticipated earnings and cautious Federal Reserve commentary. With the market waiting for Fed rate cut clues and Nvidia's AI-driven performance, technology stocks made strong gains, pushing the Nasdaq to a record close on Monday.
Source: devdiscourse.com
Lingering Rate Uncertainty May Lead To Choppy Trading On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction following the mixed performance seen in the previous session.
Source: rttnews.com