Latest Market News
Gold futures eked out a gain Wednesday, shaking off a rise in Treasury yields as U.S. stocks slumped. Gold for August delivery GC00, +0.08% GCQ22, +0.08% rose 30 cents to close at $1,848.70 an ounce on Comex. The yield on the 10-year Treasury note TMUBMUSD10Y, 2.902% rose around 10 basis points to 2.94%. Rising yields […]
Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]
Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs. Total altcoin index capitalization What is clear is that fear is everywhere and blood is in the water. Risk-on markets are suffering […]
PVH Corp. PVH, +0.34% rose more than 4% in the extended session Wednesday after the parent company of Calvin Klein and Tommy Hilfiger reported better-than-expected quarterly sales. PVH said it earned $133 million, or $1.94 a share, in the first quarter, compared with $100 million, or $1.38 a share, in the year-ago period. Revenue rose […]
Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautious and have not jumped into the market with gusto, according to BlockTrends analyst Caue Oliveira. According […]
All three major U.S. stock benchmarks closed lower Wednesday, amid fresh economic data showing manufacturing activity rose in May and as remarks by Federal Reserve officials reinforced expectations the central bank will continue to aggressively tighten monetary policy. The Dow Jones Industrial Average DJIA, -0.54% slipped about 0.5%, while the S&P 500 SPX, -0.75% fell […]