Tag: Routine Market/Financial News

Dow, S&P 500, Nasdaq close lower in weekly slump on ‘quad witching’ and weak consumer sentiment

U.S. stock indexes closed lower Friday, slumping for the week, as bearish momentum gathered steam after a reading on consumer sentiment held close to a roughly 10-year low. Investors also were dealing with volatility Friday from simultaneous options expiries, known colloquially on Wall Street as quadruple witching. How did stocks trade? The Dow Jones Industrial Average […]

Read More

Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close

If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind. Alphabet Inc. GOOGL, -0.23% GOOG, +0.12%, Amazon.com Inc. AMZN, -0.84%, Apple Inc. AAPL, +0.46%, Facebook Inc. FB, -4.01% and Microsoft Corp. MSFT, +0.10% experienced an unprecedented first half of the year financially, with $650 billion […]

Read More

Gold prices notch a slight gain, but end below $1,800 for a second session

Gold futures logged a slight gain on Tuesday, but ended below closely watched $1,800-an-ounce mark for a second-straight session, holding ground near the lowest price in three weeks. The U.S. dollar traded with a “softer bias,” with gold holding to a tight trading range, ahead of Wednesday’s Federal Reserve announcement on monetary policy, said Chintan […]

Read More