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Gold Lower as Investors Digest Powell Comments
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Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Gold Prices Rise as U.S. Inflation Data Boosts Rate Cut Hopes
Gold rose on renewed hopes for Federal Reserve interest-rate cuts, after U.S. inflation eased slightly in April in line with expectations.The Wall Street Journal - World -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
Dems digest new Israel push from Biden
Politico - Politics - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Trump uses CNN commentator to argue he should be found not guilty
Former President Trump on Thursday pointed to recent remarks from a CNN legal analyst to bolster his argument that he should not be found guilty in his hush money trial in New York. Trump, speaking with reporters following a day in court, listed ...The Hill - Politics - Donald Trump -
Long-end bond yields edge higher ahead of comments by Fed’s Waller
Bond yields edged higher at the long end on Friday as investors awaited comments from Federal Reserve policymakers.MarketWatch - Business -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business
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