U.S. stock benchmarks edged higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing was capping gains in the blue-chip Dow index.
The Dow Jones Industrial Average edged 20 points, or less than 0.1%, higher at 26,790.
Boeing Co.™s stock extended its decline to a two-month low, down 3.6%, following a report on Friday that said the company may have misled federal aviation authorities about the safety of the 737 Max jet. The...
Silver futures finished higher on Monday, taking advantage of a rise in appetite for riskier assets while gold posted back-to-back declines as traders kept watch on Britain™s circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight.
December silver rose 2.4 cents, or 0.1%, to settle at $17.602 an ounce after trading as high as $17.895 during the session. Gold for December delivery on Comex meanwhile, ended $6, or 0.4%, lower at $1,488.10 an...
Silver futures rallied Monday, taking advantage of a rise in appetite for riskier assets while gold edged slightly higher as traders kept watch on Britain's circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight.
December silver jumped 28 cents, or 1.6%, to $17.850 an ounce. Gold for December delivery on Comex meanwhile, traded $3.90, or 0.3%, higher at $1,498 an ounce.
In other metals trade, January platinum was up 0.4% at $899.70 an ounce,...
Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says.
Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz.
Source : Bloomberg
Oil futures settled at a nearly two-week low Monday, as investors failed to shake worries that growing signs of economic weakness will eventually hurt demand for crude oil.
West Texas Intermediate crude for November delivery fell 47 cents, or 0.9%, to end at $53.31 a barrel on the New York Mercantile Exchange, after the U.S. benchmark contract posted a 1.7% weekly decline. The November contract, expires at Tuesday™s settlement.
Global benchmark Brent crude for December lost 46 cents, or...