Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
9 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Silver tumbled around 4% to $64.5 an ounce on Thursday after stronger-than-expected US producer price data. US PPI rose 0.4% in August and annual producer inflation accelerated to 5.4%, above the 5.3% forecast.
U.S. producer prices rose 5.4% year over year in August, above the 5.3% expected and up from 4.8% in July. The monthly PPI also accelerated to 0.4% from 0.1%, versus 0.3% consensus, while core PPI rose 0.2% on the month and 4.6% year over year.
Sergio Ermotti said investors have shown complacency as geopolitical tensions and economic uncertainty rise. He said the environment would normally imply more volatility, while AI, data centers and other new technologies have supported growth and markets.
Brent crude rose above $100 a barrel Wednesday for the first time since July after attacks on tankers and energy infrastructure intensified across the Middle East. West Texas Intermediate also advanced toward $95.
West Texas Intermediate, as tracked by United States Oil Fund, was at $83.12 Wednesday, down over 4% for the week, while Brent crude traded near $88.04, down 0.6% on the day.
July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.
US CPI comes in at 0.1% vs 0.1% consensus, with core CPI at 0.2% vs 0.2% consensus
() -- (Updates prices in the second and final paragraphs.) Gold edged lower midafternoon on Wednesday even as the dollar and treasury yields fell after the US reported an unexpected drop in wholesale price inflation last month. Gold for August delivery was last seen down 0.5% to $4,049.80 per ounce. The US Bureau of La
() -- (Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.) US equity futures were mostly higher pre-bell Monday as chip stocks rose after losing momentum in the previous week, while OPEC+ announced a further increase in oil output. Dow Jones Industrial Average