Latest Market News

May 03
Gold futures record worst daily fall since early March

Gold prices end Monday lower, recording the worst daily drop in nearly two months for the precious metal, as the dollar continued to soar and Treasury yields climbed. Gold for June delivery GC00, -0.11% GCM22, -0.11% shed $27.70, or 2.5%, to settle at $1,863.60 an once on Comex, the biggest daily percentage decline for the […]

May 03
Boeing stock flirts with lowest in nearly 2 years

Shares of Boeing Co. BA, -0.15% fell more than 3% on Monday, on track for their lowest close since May 22, 2020, when they closed at $137.53, and extending their losses to a ninth session. The stock traded as low as $143.38, its lowest intraday level since Nov. 2, 2020, when it hit $143.38. Over […]

May 02
Bitcoin Likely to Hit the Key Levels Soon

Bitcoin is slowly approaching the supporting zone formed between the levels 36000 and 37000, and the broken downtrend. It seems that Bitcoin might pull back from the supporting zone and jump.Gold has pulled from the level of 1880.00. It is currently heading North. Now, gold might face the resistance at the level of 1975.00 away […]

May 02
Chemours stock rallies after Q1 beat, raised 2022 guidance

Shares of Chemours Co. CC, +0.09% jumped nearly 7% in the extended session Monday after the the chemicals company reported first-quarter earnings that beat Wall Street expectations, saying its “outstanding” quarterly performance reflects structural improvements and longer-term growth trends for some of its businesses. Chemours said it earned $234 million, or $1.43 a share, in […]

May 02
Ethereum burning spikes to new high on Yuga Labs’ NFT hype

Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH, or 56% of all burns during that period. 3657 Total views 14 Total shares The burning rate of Ethereum has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming […]

May 02
Stocks stage a dramatic comeback Monday to end higher

Stocks rallied late Monday to end higher, dulling some of the pain of a brutal April selloff. The Dow Jones Industrial Average DJIA, +0.26% rose about 86 points, or 0.3%, to end near 33,063, after tumbling to 32,449.87 at the session’s low. The S&P 500 index SPX, +0.57% advanced 0.6% and the Nasdaq Composite Index […]