Gold Falls 1.4% as US Inflation Reinforces Fed Hike Bets
Spot gold was down 1.4% at $4,008.76 per ounce by 2:09 p.m. EDT, as elevated US inflation reinforced expectations of a Federal Reserve rate hike later this year.
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Spot gold was down 1.4% at $4,008.76 per ounce by 2:09 p.m. EDT, as elevated US inflation reinforced expectations of a Federal Reserve rate hike later this year.
Spot gold was down 1.1% at $4,024.10 an ounce by 11:53 a.m. EDT (1553 GMT) Thursday. The report linked the decline to elevated US inflation reinforcing expectations of a Fed rate hike later this year.
Canada’s S&P/TSX Composite Index was down 0.07% at 36,238.91 points as of 1020 a.m. ET Thursday, with mining and technology shares dragging. The headline cites disappointing miner earnings and Alphabet as pressures.
Spot gold fell 1% to $4,026.12 per ounce by 9:13 a.m. EDT as elevated US inflation data reinforced expectations of a Federal Reserve rate hike later this year.
New York gold futures fell 0.2% to $4,045.20 a troy ounce in early trading as investors assessed the Fed's policy meeting and awaited US inflation data later Thursday. The Fed kept rates steady.
Xylem lowered its 2026 adjusted EPS forecast to $5.40–$5.45 from $5.55–$5.70 and revenue guidance to $8.95 billion from $9.2 billion. Shares were down 11.79% at $95.47, a new 52-week low, at publication.
The UK benchmark was down 52.73 points, or 0.5%, on Friday amid weak retail sales and consumer confidence data.
U.S. stock futures were mixed Friday, with the Dow and S&P 500 lower and the Nasdaq 100 higher ahead of October flash PMI releases. The article also reports several company earnings and other market developments.
Hasbro reported Q3 revenue growth of 15% and a 52% increase in adjusted operating profit, with growth across all three segments. The company raised its full-year outlook, expecting revenue growth of 7% to 9% and adjusted EBITDA of $1.575 billion to $1.625 billion.
The bundle includes Sam’s Club access, delivery from both retailers and a choice of Peacock or Paramount+. Walmart said the costs are not expected to materially affect its fiscal third-quarter or full-year guidance.
The FTSE 100 fell more than 1% on Monday, ending a three-session winning streak as banking and mining stocks led the decline. Barclays dropped 3.5% after reports that the BoE was investigating whether its traders had misrepresented illiquid private-credit loans to understate their risk. The news weighed on the wider ba
Canada’s main stock index fell on Monday as declines in financials and mining stocks outweighed relief from softer-than-expected September inflation data. Investors also assessed the data ahead of next week’s Bank of Canada rate decision.
The article previews upcoming earnings from several large companies and identifies crude oil prices and AI-sector concerns as potential influences on US stocks. It also reports recent index levels and pullbacks from highs.
(Adds US market close, updates prices throughout ) US dollar heads for weekly loss on lower US Treasury yields Bond markets stabilize after rush for safe havens on Thursday Investors worry about debt risks in AI-related stocks By Chibuike Oguh and Elizabeth Howcroft NEW YORK/PARIS, Oct 16 (Reuters) — Global stocks fell
(Updates headline and prices throughout, adds oil settlement) US dollar heads for weekly loss on lower US Treasury yields Bond markets stabilise after rush for safe havens on Thursday Investors worry about debt risks in AI-related stocks By Chibuike Oguh and Elizabeth Howcroft NEW YORK/PARIS, Oct 16 (Reuters) — Global
The Nasdaq 100 fell 1.3%, or 400 points, to about 29,535 at midday Friday as CoreWeave dropped 9.3% amid lingering AI-infrastructure debt concerns. The S&P 500 slipped 0.3%, while the Dow rose 0.3%.
US dollar heads for weekly loss on lower US Treasury yields Bond markets stabilise after rush for safe havens on Thursday Investors worry about debt risks in AI-related stocks (Updates headline and prices throughout, adds analyst comment) By Elizabeth Howcroft and Chibuike Oguh NEW YORK/PARIS, Oct 16 (Reuters) — Global
Dow gains, S&P 500 edges down, Nasdaq declines Materials lead S&P 500 sectot gainers; just tech, communication services red Euro STOXX 600 index up ~0.7% Dollar falls; US crude, bitcoin slip; gold up slightly US 10-year Treasury yield flat at ~5.09% Welcome to the home for real-time coverage of markets brought to you b
Nasdaq dips, S&P 500 ~flat, Dow gains Materials up most among S&P sectors; Tech biggest laggard Euro STOXX 600 index up ~0.8% Dollar falls; US crude, bitcoin both ~flat; gold up slightly US 10-year Treasury yield edges down to ~5.08% Welcome to the home for real-time coverage of markets brought to you by Reuters report
US dollar heads for weekly loss on lower US Treasury yields Bond markets stabilise after rush for safe havens on Thursday Investors worry about debt risks in AI-related stocks (Updates during European trading, adds Turkey stocks in paragraph 4 and Wall Street futures in paragraph 6) By Elizabeth Howcroft PARIS, Oct 16
US dollar heads for weekly loss on lower US Treasury yields Bond markets stabilise after rush for safe havens on Thursday Investors worry about debt risks in AI-related stocks (Updates throughout after European market open) By Elizabeth Howcroft PARIS, Oct 16 (Reuters) — European stock markets picked up in early tradin
KOSPI rises, foreigners net buyers Korean won strengthens against dollar South Korea benchmark bond yield falls For the midday report, please click... SEOUL, Oct 16 (Reuters) — Round-up of South Korean financial markets: * South Korean shares rebounded from a six-month low on Friday on dip-buying but still ended the we
Dow rises 1.1%, S&P 500 gains 0.3%, Nasdaq rises 0.1% Healthcare leads S&P 500 sector gainers; Energy is weakest group Dollar slides; bitcoin gains; gold up 1.7%; US crude up ~2.7% US 10-year Treasury yield falls to ~5.09% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca
(Updates with market close) TSMC strikes cautious note for 2027 after sixth straight record quarterly profit US producer prices rise more than expected in September Chip index falls for seventh straight day By Noel Randewich and Sruthi Shankar Oct 15 (Reuters) — The S&P 500 ended higher on Thursday, springing back from
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (Update) The S&P 500 recouped most of its early losses to trade near flat on Thursday as a selloff in AI stocks eased and investors rotated into defensive sectors as fresh data pointed to building US pr
U.S. stocks diverged by midday Thursday: the Dow gained about 459 points to 52,080, while the Nasdaq 100 fell 0.6% to about 29,783. The report cited hot inflation and rate-hike fears alongside a sell-off in chip and AI-hardware stocks.
Dow rises ~0.8%, S&P 500 slightly green, Nasdaq dips Healthcare leads S&P 500 sector gainers; Energy is weakest group Dollar falls; bitcoin gains slightly; gold up ~1%; US crude up ~3% US 10-year Treasury yield falls to ~5.09% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo
(New throughout, updates with US markets, adds analyst comment) Nasdaq falls, S&P 500 and Dow gain FedWatch shows implied October 28 hike odds at 27%, hold at 73% Dollar retreats from 18-month peak Shares in Korea and Japan hammered by AI nerves By Chibuike Oguh NEW YORK, Oct 15 (Reuters) — Global equity markets edged
Cipher Digital shares were down 5.94% at $9.35 at publication and hit a new 52-week low. Investors are concerned about debt-financed AI compute expansion; U.S. producer prices rose 1.3% in September from August, versus economists’ 0.5% forecast.
Dow rallies ~0.9%, S&P 500 slightly green, Nasdaq dips Healthcare leads S&P 500 sector gainers; Energy is weakest group Euro STOXX 600 index up ~0.4% Dollar down; bitcoin gains; gold up >1%; US crude up >2.5% US 10-year Treasury yield falls to ~5.10% Welcome to the home for real-time coverage of markets brought to you