Tag: Craig Erlam
Hope for strong tech balance sheets: Wall Street closes tighter
new York Hopes for strong balance sheets from big tech companies brightened sentiment on Wall Street at the start of the week. The leading US index, the Dow Jones, closed…
Gold climbs towards record price above $2000
gold bar The price of the precious metal has risen by more than ten percent since the beginning of the year. (Photo: dpa) Dusseldorf The price of gold has crossed…
US investors are increasingly buying precious metals again
Dusseldorf After the brilliant start to the year, the trend in the price of gold has recently pointed downwards again. From its ten-month high of $1,960 reached in early February,…
US investors are holding back after price data
new York Wall Street investors regain confidence after new data on US inflation. The Dow Jones index of blue chips is up 0.9 percent during the session, while the broader…
Hopes of falling inflation data push Wall Street higher
new York Hopes of another sharp drop in US consumer prices are buoying Wall Street sentiment. The Dow Jones index of standard values closed 0.8 percent higher at 33,973 points…
FedEx and Nike help Wall Street grow
Frankfurt Data on US consumer sentiment and the better-than-expected quarterly figures from sporting goods giant Nike brightened sentiment on Wall Street. The Dow Jones index of standard values closed 1.6…
Perfect time to buy? What experts say
gold bar The precious metal could benefit from a recession. (Photo: Bloomberg/Getty Images) Dusseldorf Gold’s rise has been rapid and dynamic: in less than two weeks the price has surged…
Wall Street recovery loses momentum – Dow Jones and S&P 500 close lower
Wall Street in New York The tech companies Snap and Twitter had to accept price losses. (Photo: AP) Frankfort, New York After the recent price gains, US investors are reluctant…