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Economic Report: U.S consumer prices surge in March, pushing inflation to 2 1/2-year high
Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»
Energy sector ETF sees unanimous rally to 1-year high, led by Marathon Petroleum, as oil prices surges
The energy sector is enjoying a unanimous surge Monday, as crude oil prices surge toward their highest prices in more than a year amid concerns that the winter storms will lead to reduced supply at a time tha.....»»
Gold prices could soar to $2,000 next year, says strategist
Gold prices could surge to as high as $2,000 per ounce next year, according to David Roche of Independent Strategy......»»
U.S. home sales tumble as prices surge to record high
U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing market was struggling to regain speed since hitting a soft patch last year......»»
Gold prices surge to five-year high after dovish Fed opens door for rate cut
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield slipped below 2% for the first time since November 2016......»»
Bitcoin hits one-year intraday high, nears $9,000 level
The price of bitcoin continued to surge Sunday, reaching a one-year intraday high as it closed in on $9,000, according to Coindesk data.....»»
U.S. New-Home Sales Drop From 11-Year High as Prices Rise
Sales of new U.S. homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter......»»
2Y Auction Prices On The Screws As Yield Rebounds From 1 Year Low
After last month's unexpectedly strong 2Y auction which saw a surge in foreign central bank demand, the just concluded sale of $40 billion in 2Y paper was less exciting, even if it did have its moments. The high yield of 2.3.....»»
Pinterest and Zoom surge in Wall Street debuts
The site is the latest Silicon Valley company to hit the public market, and will serve as a test case for investors bracing for a host of high-flying tech IPOs this year......»»
Pinterest and Zoom surge in early trading after IPO
The site is the latest Silicon Valley company to hit the public market, and will serve as a test case for investors bracing for a host of high-flying tech IPOs this year......»»
Economic Report: Home prices surge to a near four-year high, Case-Shiller shows
Home prices are not only rising stronger than expected, they’re accelerating as supply and demand remain skewed and the economy healthy, according to the S&P/Case-Shiller indexes released Tuesday......»»
Futures Movers: Oil prices mixed after nearing multi-year high
Oil prices were mixed Wednesday, as investors mainly refocused on the risk of the U.S. pulling out of the Iran nuclear agreement, after the market had slipped on a surge in the dollar Tuesday......»»
Tech sector gains keep world shares near one-week high
LONDON (Reuters) - Oil prices eased on Tuesday from 3-1/2-year highs they hit on worries the United States may be set to pull out of a key nuclear accord with Iran, but robust tech sector gains in Asia helped support world stocks near one-week highs......»»
Futures Movers: Oil prices hold near 3 1/2-year high — Brent nears $80 — as market braces for Iran sanctions
Oil prices rise Friday, with Brent crude trading close to the $80-a-barrel threshold, in anticipation of renewed U.S. economic sanctions on Iran......»»
Oil Prices Hit 4-Year High, But Will The Surge Continue?
Oil Prices Hit 4-Year High, But Will The Surge Continue?.....»»
Europe Markets: European stocks climb as tech sector hits 17-year high
European stocks advance Tuesday, with tech shares bolstered by gains for their Wall Street counterparts, but travel and leisure shares slumped after downbeat comments about the industry at a time that oil prices have stepped higher......»»
Europe Markets: European stocks end lower amid fresh Italian jitters; Tech shares hit 17-year high
Italian stock and bond prices finish lower Tuesday, weighing on the broader European equity bourses, as the country’s new prime minister outlined the coalition government’s vision for the eurozone’s third-largest economy......»»
Stocks & Bonds Shrug At Historic Summit, Surging Inflation, Sky-High Optimism
An historic Summit in Singapore, near record high business optimism, 7 year high surge in consumer prices, PTJ saying markets may meltup at some point, and bonds & stocks go nowhere... The S&P and Dow stru.....»»
Global stocks rise on China boost, S&P 500 nears record; oil gains
Equity markets around the world neared a six-month high on Tuesday, buoyed by a rebound in Chinese stocks and an earnings-driven surge on Wall Street, while oil prices rose on concerns U.S. sanctions against Iran could cause supply shortages......»»
Gas Prices Are About to Hit a Seasonal 4-Year High This Labor Day Weekend
Fortunately, the Labor Day surge should be brief. Gas prices typically jump every Labor Day, and this year won’t be an exception. Prices have been on the rise for some time now, which should make this weekend the most expensive Labor Da.....»»