Gold price weakens despite tame U.S. CPI
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold (XAU) Daily Forecast: Will Bullish Momentum Hold Above $2,520 Amid CPI Report?
Gold prices near $2,520, fueled by inflation expectations and possible Fed rate cuts. Will this bullish trend continue after the CPI report?
Stock Market Today: Stocks End Mixed Ahead of August CPI Report
Sharp losses for blue chip banks JPMorgan and Goldman Sachs pressured the Dow Jones Industrial Average.
Gold gains as marketplace awaits U.S. CPI Wed. a.m.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Markets Await August CPI Data
Pre-market futures are up to start a new trading week, after the worst week for the stock market in two years. We're still in the green across the board year to date, though off our mid-summer all-time highs.
CPI Aerostructures And 2 Other Stocks Under $3 Executives Are Buying
The Dow Jones index closed lower by more than 150 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.
CPI Greenlights Case for Long-Term Growth ETFs
With Wednesday's CPI report providing as-expected results, investor and advisor confidence is mounting for a September rate cut from the Federal Reserve. According to the report, the consumer price index increased 0.2% last month.
CPI Behaves, but Starts Debate Over Rate Cut Amount
Year over year headline CPI - aka the "Inflation Rate" - came in 10 bps lower than expected to +2.9%.
CPI Came In Line WIth Expectations
Immediately following the biggest economic print of the week — the July Consumer Price Index (CPI) report — pre-market futures got pretty noisy. So did bond yields.
Nvidia Position Building Ahead Of Earnings, CPI Dampens Super Bullish Stock Market Hopium
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Gold trades near session highs as U.S. headline CPI drops below 3% in July
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Trading Week Improves Ahead of CPI Wednesday Morning
When Starbucks (SBUX) announced they'd be bringing in Chipotle (CMG) CEO Brian Niccol, SBUX shares shot up +24.5%.
