Gold steadies as traders look for direction on Trump tariffs
- Gold steadies and trades within a very tight range on Monday.
- US yields are off their year-to-date low after President Trump addressed the US economy.
- Traders are gearing up for the upcoming Fed meeting on March 19.
Gold’s price (XAU/USD) stabilizes and consolidates within a tight range near the $2,900 level at the start of the week.
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Read MoreBank of New York Mellon Corp Sells 4,962 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)
Bank of New York Mellon Corp trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,024 shares of the exchange traded fund’s stock after selling 4,962 shares during the quarter.
Read MoreUS Market Sell-Off: Dow futures fall 450 points as Wall Street braces for a volatile start
US stock futures are trading with steep cuts on Monday morning as Wall Street braces for a volatile start to the new trading week.
Futures tied to the Dow Jones are down over 400 points, while those on the S&P 500 are down over 60 points or 15. Nasdaq futures too are trading with losses of over 250 points.
Read MoreCanada's next PM Mark Carney vows to win trade war with Trump
Trump has united Canadians as never before – Chrétienpublished at 22:30 Greenwich Mean Time 9 March
Chrétien says Canada is a “very proud country”.
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Read MoreRaymond James Financial Inc. Acquires New Stake in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG)
Raymond James Financial Inc. acquired a new stake in shares of Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 103,623 shares of the company’s stock,
Read MoreThe Burst
Market Commentary: Are Only Fools Buying Netflix?
Netflix reported earnings recently and the share price plunged $40 on the day, down almost 8.5%. To anybody who could read the tea leaves, the reaction came as no surprise. But how do you read the tea leaves? Or in other words, what was the giveaway in the financials that led to investors realizing the risk to reward ratio was poor,
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Read MoreThe Ivy
19.6% of Buffett’s Berkshire Is In 1 Stock
With an $863 billion market capitalization, Berkshire Hathaway is not the largest company in the world, not by a long shot. That title goes to Microsoft with Apple a close second. Both tech giants are about 3x larger than Buffett’s firm but what the Oracle of Omaha has built is the largest company by revenues.
» Read more about: 19.6% of Buffett’s Berkshire Is In 1 Stock »
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