Proposal Would Empower Individual Investors Over Index Fund Managers uark.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uark.edu Daily Mail and Mail on Sunday newspapers.
Gold prices remained steady after reaching a three-month low following statements from U.S. Federal Reserve Chair Jerome Powell indicating the possibility of further interest rate hikes. Powell noted that if the economy maintains its current direction, further rate increases are a “pretty good guess” of where the bank is headed. The opportunity cost of holding non-yielding bullion rises with interest rate hikes, and the possibility of such an increase caused the world s largest gold-backed exchange-traded fund, SPDR Gold Trust, to fall 0.19% on June 20th.
June 22 (Reuters) - Copper prices fell on Thursday in tepid trade amid a lack of further stimulus news from top consumer China, which is on a public holiday for the rest of the week. Three-month copper on the London Metal Exch.
Chicago corn futures inched lower in early Asian trade on Thursday, as traders locked in profits after a recent rally over concerns about dry weather conditions in key areas of the U.S. Midwest.
Futures fall on Powell's hawkish view on interest rate hikes streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) Tesla falls after Morgan Stanley downgrade
Federal Reserve Chair Powell speaks again Thursday, & a barrage of other Fed officials too forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.
Wall St turns cautious ahead of Powell's second day of testimony streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Futures down: Nasdaq 0.23%, S&P 0.20%, Dow 0.17%
Wall Street set to open lower as Powell firm on interest rate hikes malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.