retreat

Mixed Week for Wall Street as Investors Eye US Debt Ceiling Negotiations

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[ad_1] Last Updated: May 13, 2023, 02:19 IST The broad-based S&P 500 shed 0.2 percent to 4,124.08, while the tech-rich Nasdaq Composite Index declined 0.4 percent to 12,284.74. The White House said Thursday that negotiations between President Joe Biden and Republican congressional leaders would be postponed until early next week Wall Street stocks retreated Friday … Read more

Gold Prices Rebound as Investors Await Inflation Data, Fed Rate Cut Speculations

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[ad_1] Last Updated: May 08, 2023, 23:43 IST Markets saw a 88% chance of the Fed holding rates at their current level in June, and a 33% chance of a rate cut in July, according to CME’s FedWatch tool. (Representative image/AP) Spot gold rose 0.6% to $2,028.42 per ounce by 11:45 a.m. EDT (1545 GMT). … Read more