NEW YORK—Wall Street ticked higher Monday to start a week full of updates on where interest rates and profits for some of the stock market’s most influential companies are heading. The S&P 500 rose 18.30, or 0.4 percent, to 4,554.64, coming off its eighth winning week in the last 10. The Dow Jones Industrial Average…
Stock Market Today: Wall Street Rises Ahead of What’s Hoped to Be the Last Fed Rate Hike for a While
Closing Prices for Crude Oil, Gold, and Other Commodities (July 24)
July 24, 2023
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Benchmark U.S. crude oil for September delivery rose $1.67 to $78.74 a barrel Monday. Brent crude for September delivery rose $1.67 to $82.74 a barrel. Wholesale gasoline for August delivery rose 9 cents $2.90 a gallon. August heating oil rose 2 cents to $2.77 a gallon. August natural gas fell 3 cents to $2.69 per…
How Major US Stock Indexes Fared July 24
Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading. The S&P 500 rose 0.4 percent Monday, coming off its eighth winning week in the last 10. The Dow added 183 points, or 0.5 percent, and the Nasdaq composite…
How to Use a Gold IRA for Long-Term Wealth Preservation
Most people looking to preserve their wealth don’t venture past traditional investments like stocks, bonds, and mutual funds. However, for those who want to establish strong financial futures, a gold IRA or individual retirement account (IRA) is a worthwhile investment to consider. This self-directed IRA allows you to grow your wealth and diversify your portfolio…
Wall Street Rises Ahead of Megacap Growth Results, Fed Decision
Wall Street’s main indexes crept higher at the open on Monday as investors braced for earnings from megacap growth and technology companies, while focusing on a rate decision from the Federal Reserve later this week. The Dow Jones Industrial Average rose 3.10 points, or 0.01 percent, at the open to 35,230.79. The S&P 500 opened…
Euro Drops After Weak Business Activity Data, Central Banks in Focus
SYDNEY/LONDON—The euro slid on Monday after activity data in key economies came in much softer than expected, giving markets a jolt at the start of a week packed with central bank meetings at which investors expect rate hikes in Europe and the United States. The European common currency fell 0.4 percent to $1.1083, skidding after…
Oil Prices Steady as Rate Hikes Expected, Supply Tight
LONDON—Oil prices were steady on Monday as traders expected more rate hikes from U.S. and European central banks, but tightening supply and hopes for Chinese stimulus underpinned Brent at well above $80 a barrel. Brent crude futures rose 4 cents, to $81.11 a barrel by 0644 GMT. U.S. West Texas Intermediate (WTI) crude was at…
Weak PMIs, Spain Election Uncertainty Dent Sentiment
July 24, 2023
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London—World stocks slipped on Monday, with weak business activity data and an inconclusive election result in Spain weighing on sentiment in Europe ahead of a central bank-packed week for markets. German business activity contracted in July, increasing the likelihood of a recession in the second half of the year, the German Flash Composite Purchasing Managers’…
House Republicans Call on Senate to Pass Energy Bill and Revive American Mining
July 23, 2023
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Regulatory and judicial reforms adopted by the House in HR 1, the Lower Energy Costs Act, and being proposed in other bills, are urgently needed to unshackle America’s mining industry before the nation faces significant economic and national security challenges, Republicans warned during a Congressional field hearing on critical mineral development in Goodyear, Arizona, on…
Stock Market Today: Wall Street Closes Another Winning Week by Barely Moving
NEW YORK—Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before. The S&P 500 edged up by 1.47, or less than 0.1 percent, to 4,536.34 to cap its eighth winning week in the last 10. The Dow Jones Industrial Average added 2.51 points, or…
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