Author: ann.admin

Wall Street drifts, and crude oil slides ahead of a frenetic week

New York, stock indexes are drifting in mixed trading Monday ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates.

The SandP 500 was 0.2% higher in late trading, coming…

Gold Prices Rise on Hopes of US Interest Rate Cut

Gold prices went up today amid expectations of a US rate cut in September and rising geopolitical tensions in the Middle East.

Spot gold was up 0.5% at $2,397.65 per ounce. US gold futures climbed 0.7% to $2,396.70.

The US central bank’s Federal Ope…

Japan’s Nikkei Index Closes Up by More Than 2 Percent

The Japanese Nikkei index closed up by more than two percent today from its three-month low, recorded in the previous session. The index has recovered, supported by improved investor sentiment following Wall Street’s rise at the end of last week.

The…