Gold prices hover near record highs, driven by central bank demand, geopolitical risks, and uncertainty over US tariffs. Institutional investors ship physical gold bars to New York due to a price disparity between the US and London.
Published on: February 21, 2025, 11:01 PM UTC
The stock market rally in 2025 continues despite uncertainty around potential policy changes from President Trump, but some on Wall Street are concerned that much of the positive news is already priced in, leaving more room for disappointment than upside surprise.
Published on: February 21, 2025, 02:02 PM UTC
Asian stocks traded in a narrow range on Friday after US shares fell from record highs, with investors watching for a rebound in Chinese shares after losses on Thursday. The yen strengthened past 150 per dollar, while the S&P 500 slipped 0.4% on Thursday as Walmart shares fell.
Published on: February 21, 2025, 01:01 AM UTC
World Kinect Corporation reports a $101.8 million loss in Q4, exceeding Wall Street earnings estimates but missing revenue forecasts.
Published on: February 20, 2025, 11:05 PM UTC
Energy stocks have outperformed other sectors thanks to natural gas, driven by cold weather, pipelines, and midstream companies. Amid expectations of stock buybacks and dividend hikes, investors have rotated into the Energy sector. Plains All America Pipeline, Baker Hughes, and MPLX have posted strong gains, while ExxonMobil, Chevron, and BP have also seen increases.
Published on: February 20, 2025, 07:02 PM UTC