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Wall Street expects losses for the fifth day as chip makers retreat

Wall Street expects losses for the fifth day as chip makers retreat

US stock futures tumbled on Thursday as concerns over technology stocks gave bears fresh incentive to extend their recent slide. How are stock index futures traded S&P 500 ES00 index futures, -0.81% It fell 30 points, or 0.8%, to 3,926 . Dow Jones Industrial Average futures YM00, -0.62% It fell 187 points, or 0.6%, to …

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Standard Chartered says the risks of gold prices falling below $1,700 are limited

Standard Chartered says the risks of gold prices falling below $1,700 are limited

(Kitco News) Standard Chartered said that although gold lacks conviction at the moment with prices heading towards $1,700 an ounce, further declines remain limited. The US dollar caused a lot of pain for gold prices during the summer months, forcing gold to conclude August with a fifth monthly loss. While the …

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Analysis: The pain of breaking inflation will reverberate around the world

Analysis: The pain of breaking inflation will reverberate around the world

JACKSON HOLE, Wyo, Aug. 29 (Reuters) – The message from the world’s top financial officials is loud and clear: rampant inflation is here to stay and taming it will require an extraordinary effort, likely a recession with job losses and shock waves. developing markets. This price is still worth paying, however. Central banks have spent …

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