U.S. stocks were lower on Wednesday after President Donald Trump warned of a government shutdown to build a Mexico border wall.Read More »
Gold prices recovered Wednesday, aiming for a return to the nearly three-month high hit to start the week, as a wobbly dollar supported the yellow metal. Gold for December delivery GCZ7, +0.25% rose $2.40, or 0.3%, to $1,294.20 an ounce. The greenback, as measured by the ICE U.S. Dollar Index DXY, -0.31% fell 0.2%. A weaker U.S. currency tends to boost dollar-denominated gold prices. Gold futures settled at $1,296.70 on Monday—the highest settlement since early June. Last week, the contract briefly jumped above $1,300 for the first time this year, in part as concerns about President Donald Trump’s pro-business agenda helped to spark a rush to haven assets including gold. That returned as a market
The stock market seemed to be under a great deal of pressure on Aug. 10. Simultaneously, a number of buy signals have occurred, including the VIX “spike peak” buy signal and the “VXST crossover” buy signal. The upward shift had left support at 2437 — the lows of last week.
Chicago-based Boeing (NYSE: BA) has operations around the country. Here are other recent stories reported by The Business Journals. EXCLUSIVE: Boeing exec who led supplier price-cutting effort moves to Chicago to head up M&A The Seattle-area Boeing Commercial Airplanes executive who led the company's efforts to press suppliers for lower prices has quietly moved to a new corporate job at Boeing. ( Puget Sound Business Journal) Subscriber content Air Force awards Boeing $349 million missile contract The U.S. Air Force has awarded Boeing Co. a $349 million contract for work on the nation's next intercontinental ballistic missile. ( St. Louis Business Journal) House speaker Paul Ryan will visit Boeing's