A dramatic reversal in Treasuries raises new questions Wednesday’s market gyrations following a hotter-than-expected US inflation report highlighted a potentially important shift in investor sentiment, with implications extending well beyond the bond market. While gold recovered from its
Silver
U.S Markets The S&P 500 trades near $7,657 and the Nasdaq 100 near $30,596, both pulling back despite Micron’s blowout results and Alphabet’s Gemini 4 Argon rollout, as the rally shows signs of narrowing rather than broadening. Micron’s revenue beat ($54.23bn vs $51.49bn est.) and strong guidance failed to trigger a sustained follow-through, with
U.S Markets The S&P 500 trades near $7,693, holding steady after slipping 0.2% Tuesday as US consumer confidence hit a 12-year low, while the tech-heavy Nasdaq 100 outperformed, up 0.2% to $30,412. Oil sold off sharply, logging its largest one-day decline in over a week on news that Saudi Arabia is restoring flows along its […]
US Markets The S&P 500 finished nearly flat and edged down around 0.15% following several turns between losses and gains. Stocks have slowed their rally since the S&P 500 climbed to the brink of its all-time high earlier this week as pressure from the bond market has cranked higher. The yield on the 10-year Treasury […]
Gold & Silver Gold prices rose 0.84% on Friday, closing the first week in the green after three straight weekly declines. Silver was up 1.58% by Friday’s close, ending the week with a 2.72% rise. Both metals were about 0.60% weaker during Monday’s Asian session. Precious metals remain in a tight range, with gold caught […]
US Markets The SPX Index is up 0.43% today and is currently trading at $7,664. From a fundamental standpoint, technology stocks drove equity gains as lower oil prices buoyed broader sentiment. The brighter tone signals a remarkable shift for markets that started the week with Brent crude at a four-month high, 10-year Treasury yields at […]
US Markets The SPX Index is up 0.87% today and is currently trading at $7,615. From a fundamental standpoint, as expected, the Fed raised interest rates by 25 bps yesterday and suggested one more increase by year-end, in line with analysts’ estimates. Warsh maintained that the US economy, booming with inflation above target, requires more […]
Crude Oil Oil dropped in today’s session as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles. Brent fell 0.6% toward $108 a barrel, after rising 4% over the previous two sessions, while WTI was down 1%, near $105. The previous rally came […]
Gold & Silver Gold trades near $4,290, holding close to its lowest level since early August, as markets brace for tomorrow’s FOMC decision with a quarter-point hike now priced at roughly 90%. Renewed Iran-linked conflict has pushed oil sharply higher, with US diesel above $6/gallon for the first time, absorbing inflation-hedge and momentum flows that […]
US Markets The SPX Index is down about 0.60% today and is currently trading at $7,610. From a fundamental standpoint, Sam Altman added his support to the idea of “pacing” AI development, so that cutting-edge models don’t outrun the ability of humans to maintain control. Altman said this shift in focus to safety will come […]
Gold & Silver Gold is trading near $4,395 (+0.9%) after recovering from a three-day decline, with a weaker US dollar providing some support to bullion. The dollar has come under pressure as the Japanese yen strengthened on expectations of further Bank of Japan tightening, improving the appeal of dollar-denominated gold. However, the broader environment remains […]
US Markets US Markets snapped a three-day losing streak on Wednesday’s close with the S&P 500 and Nasdaq 100 in the green. Today, equity futures are mixed, with the S&P 500 and Nasdaq 100 up marginally. Though investors are worried about inflation, economic growth is expected to be solid, following record-breaking corporate profits in the second quarter. […]
US Markets A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. The Nasdaq 100 Index recorded its worst day in two weeks on Tuesday and dropped 1.3%, after sliding as much as 1.7%, intraday. […]
US Markets Drivers The S&P 500 fell 0.29% yesterday, although major US benchmarks still posted monthly gains. Futures are modestly positive today, with the S&P 500 up 0.06% and Nasdaq 100 up 0.11%. Rising oil prices remain the key source of pressure, after the US struck two rocket launchers on Iran’s Larak Island. US crude […]
US Markets US equity markets continued their run-up for the week, climbing higher steadily on Thursday, with the SPX index closing 0.32% higher and the NDX index closing 0.71% higher. Markets remain relatively flat during the Asian session on Friday, with the SPX about 0.13% higher and the NDX 0.02% lower. Equity markets got a […]
US Markets US equity markets climbed higher on Wednesday, suggesting a shift in the short-term trend to the upside, with the SPX index up 0.24% and the NDX index up 0.50%. The SPX opened with a gap up and is trading about 0.15% higher, while the NDX is up about 0.37%. Broader equity markets ran […]
Gold & Silver Gold pulled back on Thursday, down around 0.7% to trade near $4,488 per ounce, as investors booked profits following Wednesday’s sharp 4%+ rally that took prices to $4,525.79, their highest level since June 2. The move came after a surprise announcement from the U.S. Treasury Department that it would double the size […]
U.S. Markets U.S. equities remain firmly bullish, with the S&P 500 hitting a fresh all-time high of $7,816 yesterday. The index is trading around $7,800 in early trading today. Tech and communication services led gains, while the Nasdaq and S&P 500 remain on track for a third consecutive weekly advance. The rally continues to be […]
US Equities Hold Gains as Softer CPI Eases Fed Tightening Concerns – Comments from Century Financial
U.S. Markets U.S. equities remain supported after July CPI broadly matched expectations, easing concerns around inflation and near-term Fed policy. The S&P 500 closed 0.2% higher yesterday and is trading near $7,756 (+0.15%) today, while the Nasdaq 100 climbed 0.56% and is up 0.28% in early trading today. July CPI rose 0.1% MoM and 3.4% […]
Precious metals regain their footing The most notable development across precious metals is not the strength of last week’s rebound, but the sell-off that failed to materialise beforehand when gold repeatedly resisted selling attempts below USD 4,000, while silver found buyers below USD 57. This resilience came despite several headwinds that had weighed heavily on











