Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after a Trump Tweetstorm moves global markets. Here's the performance of select trending stocks as of 11:00 am ET: PBR Petroleo Brasileiro S.A. ADS 5.66% MSFT Microsoft Corp 2.64% TRXC(HB) TransEnterix Inc 2.13% BB(HB) BlackBerry Ltd 2.03% ROKU Roku Inc Cl A 2.07% HUYA(HB) HUYA Inc 1.66% BILI(HB) Bilibili Inc ADS 1.58% FB Facebook Inc 1.30% SOGO Sogou Inc 1.33% JPM JPMorgan Chase & Co 1.25% MO Altria Grp 1.21% SHOP(HB) Shopify Inc 0.97% SQ Square Inc 1.04% BAC Bank of America Corporation 0.99% AMZN Amazon.com Inc 1.00% V Visa Inc 0.91% BIDU Baidu Inc 0.80% GOOGL Alphabet Inc Cl A 0.71% GOOG Alphabet Inc Cl C Cap Stock 0.67% C Citigrp Inc 0.70% HD Home Depot Inc 0.53% GILD Gilead Sciences 0.47% QQQ Invesco QQQ Trust Series 1 0.50% AMD Advanced Micro Devices Inc 0.42% TVIX(HB) VS 2X VIX Short Term 0.56% TEVA Teva Pharm Indus ADR 0.39% DBX Dropbox Inc 0.06% ADBE Adobe Systems 0.35% IQ IQIYI Inc ADS 0.33% CRM salesforce.com Inc 0.36% PYPL PayPal Hldgs Inc 0.35% UVXY(HB) ProShs Ultra VIX Short-Term 0.42% BA Boeing Co 0.30% RAD Rite Aid 0.28% ORCL Oracle Corp 0.25% WMT Wal-Mart Stores 0.25% NVDA Nvidia Corp 0.24% AMAT Applied Materials 0.20% VXX iPath S&P 500 VIX Short-Term 0.32% AAPL Apple Inc 0.17% TWTR Twitter Inc 0.17% CELG Celgene Corp 0.14% NFLX Netflix Inc 0.16% PG Procter & Gamble Cc 0.11% KO Coca-Cola Co 0.11% WBA Walgreen Boots Alliance Inc 0.09% SPY SPDR S&P 500 ETF 0.07% JNJ Johnson & Johnson -0.01% BABA Alibaba Group Holding Ltd -0.01% BP BP P.L.C. ADS -0.02% X U.S. Steel Corporation -0.03% WFC Wells Fargo -0.05% CVX Chevron Corporation -0.10% NKE Nike Inc Cl B -0.17% VZ Verizon Communications -0.20% SIRI Sirius XM Hldgs Inc -0.28% T AT&T Inc -0.32% SNAP(HB) Snap Inc -0.30% ARWR(0) Arrowhead Pharma Inc -0.37% LRCX Lam Research -0.37% PFE Pfizer Inc -0.37% INTC Intel Corp -0.40% QCOM Qualcomm Inc -0.42% AVGO Broadcom Inc -0.43% SRPT Sarepta Therapeutics Inc -0.43% DIS Disney (Walt) Co -0.46% SBUX Starbucks Corp -0.47% XOM Exxon Mobil -0.60% CVS CVS Health Corp -0.78% CMCSA Comcast Cl A -0.90% CSCO Cisco Systems -0.92% TSLA Tesla Inc -0.99% CAT Caterpillar Inc -1.01% JCP(HB) Penney (J.C.) -1.17% CGC(HB) Canopy Growth -1.22% IBM Intl Business Machines Corp -1.26% KMI Kinder Morgan Inc -1.28% GEVO(HB) Gevo Inc -1.46% MU Micron Tech -1.58% JD JD.com Inc -1.68% GERN(HB) Geron Corp -1.75% NKTR(0) Nektar Therapeutics -1.92% FIT Fitbit Inc -2.30% F Ford Motor -2.31% ACBFF(HB) Aurora Cannabis Inc -2.47% HMNY(HB,F) Helios and Matheson Analytics -2.78% SDRL(HB) Seadrill Limited -3.10% ABBV AbbVie Inc -3.24% CHK Chesapeake Energy Corp -3.43% GE General Electric Co -4.77%
Elsewhere, the Australian dollar was higher, with AUD/USD up 0.83% at 0.7416, while NZD/USD rose 0.85% to 0.6801. The loonie was higher against the greenback, with USD/CAD down 1.11% to 1.3125.
Gold prices rose on Friday as U.S. President Donald Trump criticized the Federal Reserve for increasing interest rates. Comex gold futures for August delivery rose 0.47% to $1,229.70 a troy ounce as of 10:29 AM ET (14:29 GMT). Trump said in an interview on CNBC that he does not approve of how the Fed is approaching monetary policy.
U.K. blue-chip stocks fell Friday, returning to negative territory after U.S. President Donald Trump threatened to place tariffs on $500 billion in Chinese imports, potentially ramping up his administration’s trade dispute with officials running the world’s second-largest economy.
Bitcoin’s revival looked set to take down another milestone Friday as the No. 1 digital currency traded in the green. After making a fresh yearly low in late June, one that bitcoin pioneer Barry Silbert believes will be the low for 2018, bitcoin has staged a turnaround and is on track to do something it hasn’t done since June 2017—log seven consecutive winning days. According to data from charting service TradingView, since July 14 bitcoin has notched six consecutive winning days and a seventh would be the first time since June 6 of last year when a single bitcoin was worth less than $3,000.
Bitcoin was trading at $7,474.80, inching up 0.60% on the Bitfinex exchange, as of 9:16 AM ET (14:16 GMT), not far from its session high of $7,503.30.
Investing.com – U.S. futures took a sudden dive on Friday, after U.S. President Donald Trump threatened to impose tariffs on all Chinese imports.The S&P 500 futures fell six points or 0.23% to 2,798.75 as of 6:48 AM ET ( 10:48 GMT) while Dow futures decreased 100 points or 0.40% to 24,959.0. Meanwhile tech heavy Nasdaq 100 futures inched up six points or 0.09% to 7,374.50.Trump said in an interview on CNBC that he is ready to impose tariffs on $500 billion worth of Chinese goods to the U.S. if China does not back down on its trade policies. ...
The U.S. dollar took a hit on Friday after President Donald Trump called China and the European Union currency and interest rate manipulators in a tweet. Trump that "while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day," China and the eurozone were robbing the U.S. of its "big competitive edge." The ICE U.S. Dollar Index (DXY) dropped 0.5% to 94.674, extending previous losses. China's yuan was more timid in response.
In addition to its break of an upward slanting trend-line ranging since late-2015, the Gold also dipped beneath the 200-week SMA, which in-turn signal brighter chances of its further downturn to $1200 round-figure if prices close below $1234-40 region including aforementioned catalysts. Should the sellers refrain to respect the $1200 mark, the $1193, the $1168 and the $1142 are likely following stops they can avail before visiting the $1125-30 support-zone. ...
The U.S. dollar fell on Friday after U.S. President Donald Trump criticized the Federal Reserve for increasing interest rates but was still on target for a second week of gains. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.15% to 94.84 as of 5:36 AM ET (9:36 GMT). Despite the dip, the dollar was on target for a second straight week of gains and has risen more than 5% in the last three months due to expectations that interest rates will rise.
Metal prices were higher but gold inched down amid comments from U.S. President Donald Trump, who criticized the Federal Reserve for increasing interest rates. Comex gold futures for August delivery inched down 0.04% to $1,223.50 a troy ounce as of 4:32 AM ET (8:32 GMT). Trump said in an interview on CNBC that he does not approve of how the Fed is approaching monetary policy.
(Reuters) - Indian shares ended higher on Friday, but finished marginally lower for the week, helped by gains in IT stocks such as Infosys Ltd on a weaker rupee, while investors awaited the outcome of ...
After hitting a more than one year low earlier in the week, gold rebounded on Thursday after the U.S. Dollar broke from its one year high following comments from President Trump on the Fed’s monetary policy.
Though the dollar has been moving from strength to strength, the strong oil prices have been helping the CAD strength and keeping a cap on the pair so far
Though the gold prices may be near the lows for over the last 1 year, there is a likelihood that it could rebound at any time
Investing.com – Gold prices dropped to a one-year low on Friday. Despite a stock market and dollar index dip after U.S. President Donald Trump criticised the central bank’s decision in raising interest rate, which would normally signal a move higher for the yellow metal, gold prices also headed down.
Investing.com – Cryptocurrencies prices were mixed on Friday, with Bitcoin trading slightly below the $7,500 mark after a rally earlier this week.
The effect of the uncertainty in the Brexit process is beginning to show up on the pound which is under pressure from the dollar
The pair has been doing a good job of holding itself into a tight range and has not weakened during the course of the week
Based on the early price action especially the inside move, the direction of the August Comex gold market today is likely to be determined by trader reaction to yesterday’s high at $1229.60 and yesterday’s low at $1210.70.
Based on the early price action, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to Thursday’s close at .7357.
Gold markets fell against the US dollar during the trading session on Thursday as we have broken towards the $1215 level. I believe that there is a ton of support just below, but obviously we have a lot of bearish pressure to get rid of until that shows itself.
The US dollar has rallied rather significantly during the trading session on Thursday, breaking above the ¥113 level again. It looks as if we are trying to make a fresh eyes, then shows just how strong this pair has been as of late. Fundamentally speaking, it makes sense that the US dollar will continue to strengthen against Japanese yen longer-term as interest rates rising in America.