Delta Air Lines (NYSE: DAL) shares climbed nearly 6% after the carrier delivered better-than-expected third-quarter earnings and raised its full-year guidance, driven by resilient travel demand and effective cost management. Earnings Beat and Revenue Growth For the September quarter, Delta reported adjusted EPS of $1.71, surpassing analyst estimates of $1.53 …
Read More »Gold Holds Above $4,000 as Investors Weigh Ceasefire Deal and Rate Cut Bets
Gold prices steadied above the $4,000 mark on Thursday, consolidating near record highs as markets digested news of a U.S.-brokered ceasefire between Israel and Hamas, while persistent geopolitical tensions and expectations of further Federal Reserve rate cuts kept demand for safe-haven assets elevated. At 1226 GMT, spot gold traded at …
Read More »U.S. Stock Futures Flat as Investors Await Powell’s Remarks and Fed Guidance
U.S. stock index futures were little changed early Thursday, as traders took a cautious stance ahead of Federal Reserve Chair Jerome Powell’s comments and additional speeches from other policymakers later in the day. By 06:11 ET (10:11 GMT), Dow and S&P 500 futures were both flat, while Nasdaq 100 futures …
Read More »U.S. Stock Futures Flat as Investors Await Powell’s Remarks and Fed Guidance
U.S. stock index futures were little changed early Thursday, as traders took a cautious stance ahead of Federal Reserve Chair Jerome Powell’s comments and additional speeches from other policymakers later in the day. By 06:11 ET (10:11 GMT), Dow and S&P 500 futures were both flat, while Nasdaq 100 futures …
Read More »Dollar Holds Firm Amid Political Turmoil in Europe and Japan, U.S. Shutdown Drags On
The U.S. dollar held steady on Thursday, supported by weakness in both the euro and yen, as investors weighed ongoing political upheaval in Europe and Japan alongside the effects of a prolonged federal government shutdown in Washington. By 05:28 ET (09:28 GMT), the U.S. dollar index—which tracks the greenback against …
Read More »Bitcoin Steadies Near $122,000 Amid Shutdown Concerns and Profit-Taking
Bitcoin prices were largely stable on Thursday, consolidating near $122,000 after a volatile week that saw the token hit record highs above $126,000. As of 02:20 ET (06:20 GMT), the world’s largest cryptocurrency was up 0.1% at $121,969.5, easing slightly as investors weighed profit-taking pressures and lingering macroeconomic uncertainty tied …
Read More »Gold Retreats Slightly After Record-Breaking Rally
Gold prices eased on Thursday as investors took profits following the metal’s historic surge past $4,000 per ounce on Wednesday, driven by heightened geopolitical tensions and growing bets on U.S. interest rate cuts. Spot gold slipped 0.2% to $4,029.86/oz as of 06:42 GMT, retreating from a new record high of …
Read More »Asian Stocks Climb as AI Optimism and Fed Dovishness Lift Sentiment
Asian equities advanced on Thursday, with technology shares leading gains as investor enthusiasm for artificial intelligence continued to drive momentum in chipmaking and software sectors. The upbeat tone followed record closes on Wall Street, where the S&P 500 and NASDAQ Composite surged on renewed optimism around AI demand and expectations …
Read More »U.S. Stock Futures Rise as Investors Weigh Gold Rally and Fed Rate-Cut Outlook Amid Data Void
U.S. stock futures edged higher on Wednesday, with investors assessing the recent surge in gold prices and parsing the likely trajectory of Federal Reserve interest rate policy amid an ongoing federal government shutdown that has paused key economic data releases. At 05:56 ET (09:56 GMT), S&P 500 futures rose 0.2%, …
Read More »Bitcoin Pulls Back From Record Highs as Dollar Strength and Profit-Taking Weigh on Crypto Markets
Bitcoin Retreats From $126,000 Peak Bitcoin fell sharply on Wednesday, retreating to around $121,000 after briefly hitting record highs above $126,000 earlier in the week. The decline came as profit-taking intensified and a stronger U.S. dollar challenged “debasement-trade” flows that had fueled recent gains. By 02:22 ET (06:22 GMT), the …
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