Gold prices fell to a near three-month low on Monday as increased prospects of faster rate hikes by the US Federal Reserve lifted both Treasury yields and the dollar, swaying investors away from the precious metal.
Spot gold declined 1.6% to $1,869.52 per ounce by 12:20 p.m. ET, its lowest...
The Biden administration will spend more than $3 billion to support the domestic manufacturing of advanced batteries used in electric vehicles and energy storage, officials said Monday.
About $3.16 billion in grants will be made available to produce key battery metals such as lithium, cobalt and nickel, said Dave Howell,...
The S&P 500 just suffered its worst April performance since 1970, plunging into its second correction of the year — now, many experts are lowering their projection for the index this year.
Bank of America analysts led by Savita Subramanian trimmed their year-end outlook for the S&P 500 by 100...
NEW YORK, May 2 (Reuters) - Wall Street ended a volatile trading day higher on Monday and benchmark U.S. Treasury yields breached the 3% mark as investors braced for a widely anticipated U.S. Federal Reserve interest rate hike.
All three major U.S. stock indexes gyrated between positive and negative territory...
