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US Stock Market Dips Before Thanksgiving; Cambricon Soars

2024-12-20 | Market Analysis

Dow Stops 10-Day Slide, Oklo Soars 14% Amid Market Rebound

US stock market closed mixed as Dow ends its 10-day losing streak, its longest in 50 years, while Oklo surges over 14% after announcing a deal with Switch

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-20 | Market Analysis

Gold Rises, Oil Drops Below $70 Amid Fed Caution

Gold prices edge higher as Fed rate cut caution boosts the dollar, while oil falls below $70 amid demand concerns and global central bank restraint.

US Stock Market Dips Before Thanksgiving; Cambricon Soars

2024-12-18 | Market Analysis

US Market Lower, Dow’s Historic Losing Streak, QUBT Rockets 50%

US Market: Dow logs its longest losing streak since 1978 as tech stocks surge. Quantum Computing jumps over 50% on NASA contract, while NVIDIA enters correction

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-18 | Market Analysis

Gold Retreats, Oil Declines as Markets Brace for Fed Rate Decision

Gold dip as the US dollar strengthens ahead of the Fed’s final rate decision of the year, while oil declines for a second day despite a sharp drop in US crude

US Stock Market Dips Before Thanksgiving; Cambricon Soars

2024-12-17 | Market Analysis

US Markets Mixed, Broadcom Jumps 38%

US markets are on the move: Nasdaq hits a historic high, the Dow faces an 8-day losing streak, and Broadcom jumps 38%.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-17 | Market Analysis

Gold Tests Highs, Oil Dips as Markets Eye Fed Decision

Gold prices rise slightly but face resistance ahead of the Fed’s rate decision, while oil retreats on weak demand concerns and cautious investor sentiment.

US Stock Market Dips Before Thanksgiving; Cambricon Soars

2024-12-11 | Market Analysis

US Markets Decline, Google Jumps 5% on Quantum Chip Launch

US stocks closed lower as the Dow fell for a fourth straight day, while Google surged over 5% after unveiling its new quantum computing chip, Willow.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-11 | Market Analysis

Gold Rises Over 1% to Test $2700, Oil Prices Edge Higher

Gold hits a 2-week high at $2698 on geopolitical tensions and Fed rate cut bets. Oil rises as China boosts imports and Europe faces winter supply risks.

US Stock Market Dips Before Thanksgiving; Cambricon Soars

2024-12-10 | Market Analysis

Nvidia Drag Hits US Tech Stocks, But Chinese ADRs Soar

On Monday, US stock indices closed lower across the board, while Chinese stocks posted a broad rally. The Nasdaq Golden Dragon China Index surged more than 8.5%. This week, investors are focused on the November CPI inflation data to gauge the Federal Reserve’s future policy moves. The Fed is set to hold its final monetary […]

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-10 | Market Analysis

Gold Hits 2-Week Peak, Oil Prices Edge Up 1%

Gold hits a 2-week peak as China resumes gold purchases and markets bet on a Fed rate cut. Oil climbs 1% amid renewed Middle East tensions