Markets Fluctuate on Chatter of Early QE Exit by Fed
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Gold Pares Losses as Fed Tapering Questioned (GLD) (IAU) (SLV)
May 20, 2013 2:09 PM EDTGold and Silver jumped on Monday, reversing a decline that pushed gold below $1350 per ounce in early trading. Gains were tied in part to comments from Dallas Fed president Richard Fisher. Speaking on CNBC, Fisher, a known hawk, said going "cold turkey" and stopping MBS purchases would be too violent... More
Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
May 16, 2013 11:49 AM EDTGold is containing lower Thursday as little data has presented itself to alter investor sentiment.
One noted investor getting out with the crowd was George Soros. According to his latest 13F filing, Soros trimmed his holding in the SPDR Gold Trust (NYSE: GLD) by 12 percent to 530,900 shares... More
