Gold prices advanced as weak U.S. retail sales and falling consumer sentiment weighed on the dollar, reducing interest rate increase expectations while Middle East tensions boosted safe-haven appeal.
S&P 500 hits record high despite July retail sales missing estimates (-0.6% vs flat expected). Mixed earnings from AMAT (beat), NKTR (narrower loss), STNE (miss). Weak retail data pressures USD while…
US and European stocks dipped Friday as Iran tensions boosted oil prices and weak US retail sales data lowered Fed rate hike odds, weakening the dollar and lifting gold.
US stocks opened mixed Friday; Dow nearly flat and down 0.4% weekly amid Middle East tensions, strong earnings, and Fed rate uncertainty following S&P 500 record highs.
S&P 500 hit record highs on cooling inflation and Fed rate-cut hopes, despite weak retail sales and sliding consumer sentiment. AI-driven tech stocks like Nvidia, Microsoft, and Broadcom surged, whil…
Weak U.S. retail sales data pushed the dollar lower and reduced odds of a September Fed hike. Meanwhile, reports the BOJ may hike rates in September strengthened the yen, adding to dollar weakness ac…
Markets opened quiet after S&P 500's record high; Nasdaq led gains while Dow dipped on weak retail sales. Brent crude edged down, bitcoin fell 1.6% to ~$62,600.
US futures mixed after weak July retail sales (-0.6% vs +0.1% expected). Tech and semiconductors gained, Dow futures slipped. Oil, gold, and silver edged higher while bitcoin fell 0.8% in premarket t…