Gold prices remained stable near record highs. Investors are carefully analyzing Jerome Powell’s remarks on potential interest rate cuts. They are also awaiting a key inflation report. The dollar’s weakness made gold more affordable. NATO cautioned Russia regarding airspace violations. Other precious metals like silver saw little change. Markets anticipate possible rate cuts later this year.
Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs
Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher