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Just days after Fed Chair Jerome Powell denigrated cryptocurrencies by calling them an unstable store of value which aren't backed by anything, Tesla founder and CEO Elon Musk added to the base case...
Over the past year, pharma giant Pfizer (NYSE:PFE) in partnership with Germany's BioNTech (NASDAQ:BNTX) have been in the spotlight thanks to their successful coronavirus vaccine development. On Mar....
Europe sees COVID-19 resurgence amid vaccine crisis US futures recover from tax hike concerns Rebound in US yields return investors to reflation trade Key EventsUS futures on the Dow, S&P, NASDAQ...
Global financial markets have endured some volatility this week, as COVID-19 concerns once again appear to be front and center for many investors. After weeks of declines, cases in the U.S....
Higher inflation expectations have recently made Wall Street jittery. As evidenced by the U.S. 10-year Treasury yield that stands at 1.65%, bond yields are rising.As the COVID-19 vaccine rollout...
Two months in office and President Joe Biden has yet to do the one thing many expected of him almost as soon as he got in: reactivate the US nuclear deal with Iran and reverse Trump-era sanctions on...
Financials, one of the most vulnerable sectors during the pandemic-induced recession, are now roaring back. U.S. bank stocks have outperformed the benchmark S&P 500 Index by a significant...
Shares of Hexo Corp (NYSE:HEXO) (TSX:HEXO) continued to trade down early this week after the cannabis grower unveiled its latest earnings result last week that showed an almost $21-million loss on...
Turkey’s president, Recep Tayyip Erdogan, bailed out the U.S. Federal Reserve by pushing out his own central bank chief without putting a parachute on the country’s currency. The Turkish...
For some retirees, technology is a no-go area due to the sector’s volatile nature and its inability to provide cash flows in the shape of dividends. But the COVID-19 pandemic has proved...
After five weeks of silver's lock-step, directional move with gold, longs in the white metal are resigning to the probability that without a significant dollar retreat, the $26 resistance will remain...
It looks as though oil market expectations might be changing. The headwinds that propelled prices higher appear to be dissipating. That means potentially, the commodity's price could be about to top...
This article was written exclusively for Investing.com Years as a precious metals laggard Technical break to the upside, but volatile trading around $1200 pivot point Platinum’s value...
Fire in Japan threatens global automotive chip supply Chinese investors bearish on regulators’ ongoing warnings Gold setting up for another drop Key EventsFutures on the Dow, S&P and...
The S&P 500 index is up over 4% year-to-date (YTD). It hit a record-high on Mar. 17.Plus, over the past 12 months, it has returned about 62%. As broader markets climb higher, many...
The Federal Reserve is causing some consternation in financial circles both for its monetary policy decisions and for its regulatory actions.It seems many investors are just now catching on...
Gold is expected to get above the $1,750 target it missed last week in its aim to return to the $1,800 berth, as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testify...