Pre. Settlement | N/A |
Settlement Date | 2024-08-28 |
Open | 2,398.10 |
Bid | 2,364.20 |
Last Price | 2,415.70 |
Day's Range | 2,357.20 - 2,400.80 |
Volume | |
Ask | 2,364.30 |
The average forecast suggests gold could reach $2,547.
The major market averages (^DJI, ^IXIC, ^GSPC) are coming under pressure Wednesday morning, the Nasdaq Composite falling off by over 300 points — or over 1.6% — as semiconductor stocks drag down the tech-heavy indexes. Seana Smith and Madison Mills monitor market moves after the opening bell, joined by Jared Blikre who examines price trends in leading commodities like crude oil (CL=F, BZ=F) and gold (GC=F). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The weather is sweltering today, but equities are still thriving (^DJI, ^IXIC, ^GSPC) Julie Hyman and Josh Lipton monitor the latest market movements and report on the biggest industry stories heading into Tuesday's market close. Mizuho US chief economist Steven Ricchiuto joins Market Domination to talk about what he is seeing in US labor and employment data and what it could mean about the supposed cooling economy. Bank earnings continue to roll out with Bank of America (BAC), Morgan Stanley (MS), and Charles Schwab (SCHW) reporting results today. CFRA director of equity research Ken Leon comes onto the program to discuss prevalent trends in Big Bank earnings and the direction investment banking businesses could head in the latter half of 2024. Ahead of Netflix's (NFLX) earnings due out on Thursday, July 18, Bloomberg Intelligence senior media analyst Geetha Ranganathan comments on the "very, very high" expectations for the streaming giant that it very well could live up to and even surpass for its past quarter. Other top trending stocks on the Yahoo Finance platform include UnitedHealth Group (UNH), Warner Bros. Discovery (WBD), Adidas (ADS.DE, ADDYY), and cryptocurrency ethereum (ETH-USD) around the expected launch of spot ether ETF products. This post was written by Luke Carberry Mogan.