The world’s largest technology companies got hammered as concern about tighter US restrictions on chip sales to China spurred a selloff in the industry that has led the bull market in stocks. Chipmakers faced intense pressure everywhere, from the United States to Europe and Asia. American powerhouses Nvidia, Advanced Micro Devices, and Broadcom pushed a widely...
The world’s largest technology companies got hammered as concern about tighter US restrictions on chip sales to China spurred a selloff in the industry that has led the bull market in stocks. Chipmakers faced intense pressure everywhere, from the United States to Europe and Asia. American powerhouses Nvidia, Advanced Micro Devices, and Broadcom pushed a widely...
West Texas Intermediate (WTI) crude oil futures settled lower on Monday (July 15) after reports that China's economy grew less than expected in the second quarter of 2024, raising concerns among investors about domestic oil demand. Meanwhile, WTI crude oil futures for August delivery fell 30 cents, or 0.36%, to settle at $81.91 a barrel. Brent crude oil futures...
West Texas Intermediate (WTI) crude oil futures settled lower on Monday (July 15) after reports that China's economy grew less than expected in the second quarter of 2024, raising concerns among investors about domestic oil demand. Meanwhile, WTI crude oil futures for August delivery fell 30 cents, or 0.36%, to settle at $81.91 a barrel. Brent crude oil futures...
Gold futures on the New York market closed higher on Monday (July 15), boosted by hopes that the US Federal Reserve ( Fed ) will cut interest rates at its September meeting. Meanwhile, gold futures on the COMEX (Commodity Exchange) for August delivery rose $8.20, or 0.34%, to settle at $2,428.90 an ounce. September silver futures fell 22.60 cents, or 0.73%, to...
Gold futures on the New York market closed higher on Monday (July 15), boosted by hopes that the US Federal Reserve ( Fed ) will cut interest rates at its September meeting. Meanwhile, gold futures on the COMEX (Commodity Exchange) for August delivery rose $8.20, or 0.34%, to settle at $2,428.90 an ounce. September silver futures fell 22.60 cents, or 0.73%, to...
The US dollar rose slightly against major currencies in New York trading on Monday (July 15) after investors digested comments from Federal Reserve Chairman Jerome Powell that signaled a rate cut . Meanwhile, the dollar index, which measures the greenback against a basket of six major currencies, rose 0.09% to 104.189. The US dollar rose to 0.8956 Swiss francs...
London stocks closed lower on Monday (July 15), weighed down by weaker commodity prices and uncertainty over US politics , while Burberry shares fell to a 14-year low. Meanwhile, the FTSE 100 index on the London Stock Exchange closed at 8,182.96 points, down 69.95 points or -0.85%. The market fell after three straight days of gains, pressured by Burberry shares,...
European stocks closed lower on Monday (July 15), after weak earnings from luxury companies weighed on the market, while trading remained fragile following the assassination attempt on US presidential candidate Donald Trump over the weekend. The STOXX 600 index closed at 518.73 points, down 5.35 points or -1.02%. The French CAC-40 index closed at 7,632.71...
The Dow Jones Industrial Average closed higher on Monday (July 15), boosted by expectations that the assassination of Donald Trump would give Trump the impetus to win the US presidential election , paving the way for him to ease regulations that are more favorable to the business sector. The Dow Jones Industrial Average closed at 40,211.72, up 210.82 points or...
The Dow Jones Industrial Average closed higher on Monday (July 15), boosted by expectations that the assassination of Donald Trump would give Trump the impetus to win the US presidential election , paving the way for him to ease regulations that are more favorable to the business sector. The Dow Jones Industrial Average closed at 40,211.72, up 210.82 points or...
The Dow Jones Industrial Average closed higher on Monday (July 15), boosted by expectations that the assassination of Donald Trump would give Trump the impetus to win the US presidential election , paving the way for him to ease regulations that are more favorable to the business sector. The Dow Jones Industrial Average closed at 40,211.72, up 210.82 points or...