U.S. stocks edge lower as oil prices return to rising
U.S. stock indexes are drifting lower on Tuesday, while oil prices rise again. The S&P 500 was down 0.2 per cent in afternoon trading.
U.S. stock indexes are drifting lower on Tuesday, while oil prices rise again. The S&P 500 was down 0.2 per cent in afternoon trading.
Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support consumption, the International Energy Agency said on Tuesday.
A judge in Mali on Monday ordered Barrick Gold’s Loulo-Gounkoto gold complex to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation’s military government over unpaid taxes.
Calm returned to Wall Street on Monday, and U.S. stocks rose, while oil prices gave back some of their initial spurts following Israel’s attack on Iran.
Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and technology sectors.
Justin Sun’s crypto platform, Tron has reached a deal with Nasdaq-listed company SRM Entertainment to have Sun join the company as an adviser.
Top picks from Brianne Gardner, Senior Wealth Manager, Velocity Investment Partners, Raymond James.
A Mali court ruled Monday that western gold mines held by Canadian giant Barrick would be managed for six months by an appointee, effectively stripping operation of one of the world’s largest gold complexes from the firm.
OPEC said it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the U.S.
Shares of Brazilian meat giant JBS gained 1.6 per cent in as they made their debut Friday on the New York Stock Exchange.
Oil prices are leaping, and stocks are falling Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
A court-appointed receiver plans to start sifting for gold in cyanide-laced water stored at the Eagle Gold Mine in Yukon.
Former NBA player Shaquille O’Neal will pay US$1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange FTX.