BASF SE BAS, -0.25% on Wednesday raised its full-year sales and earnings guidance based on a positive performance in the first half and assuming there are no new lockdowns in Read more
Tag: basic materials
Biden touts South Korean company’s $22 billion investment in U.S. manufacturing: ‘America is back to working with our allies’
President Joe Biden on Tuesday talked up a South Korean conglomerate’s plan for $22 billion in new investments in U.S. manufacturing, describing SK Group’s decision as a sign of cooperation Read more
Gold edges lower for second day as dollar rebound constrains gains
Gold prices inched lower on Tuesday while silver traded higher as precious metals prices continued to consolidate after falling dramatically so far this year. Price action Gold prices GC00, -0.15% Read more
If gold prices keep falling, it won’t be because interest rates are rising
Gold prices will plunge in coming weeks, according to one of the strongest correlations you’ll ever see in the markets. Except you shouldn’t put any weight on this correlation. This Read more
These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows
The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect Read more
Gold rebound pauses after snapping five-week losing streak
Gold futures were essentially flat early on Monday after snapping a streak of five weekly losses, while the U.S. dollar continued its retreat and Treasury yields were only marginally higher. Read more
Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged — some quite surprising — since earnings season Read more
Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged — some quite surprising — since earnings season Read more
‘Offices are toast’: Fundrise CEO is betting workers won’t return to city centers
For New Jersey-based tech consultant Simone, being able to work from home is a non-negotiable. Saving money and time on a long commute to work “means a lot,” she told Read more
U.S. stock futures push lower, with disappointing Snap results weighing on the tech sector
U.S. stock index futures were tilting south on Friday with technology stocks set to lead with losses after disappointing Snap results, though the week was set to deliver strong gains Read more