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Gold heads for second weekly loss on rate rise expectations
Gold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh on the non-yielding metal.
European shares rally as Middle East peace hopes drag oil prices lower
European shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-European STOXX 600 advanced significantly,
Retail investors build big dreams on small slices of SpaceX
SpaceX’s initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Many investors eagerly bought shares
Global markets: Stocks rise as SpaceX makes market debut; oil slides on Gulf peace hopes
Global equities rose Friday, led by a surge in SpaceX’s market debut, which pushed its valuation past $2 trillion. Wall Street ended higher as investors
Dollar steadies, set for weekly loss on US-Iran deal talks
The dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX’s massive IPO dominated market attention. The euro edged higher after
Oil nears two-month lows on reports of imminent US-Iran peace deal
Oil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agreement to de-escalate tensions in