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Wall Street closes lower as tech stocks weigh; Jackson Hole in focus

Weekly unemployment reports meet expectations US Treasury yields rise as recession fears ease Zoom benefits from increased full-year revenue forecast Indices in the red: Dow 0.43%, S&P 500 0.89%, Nasdaq 1.67% NEW YORK, Aug 22 (Reuters) – All three major…

Toronto stock exchanges close lower as rail closures threaten economy

TSX closes 0.4% down at 23,037.47 Two of the largest railway operators lock out their workers TD Bank reports quarterly loss Commodity sector loses 1.6 percent, technology sector 1.5 percent TORONTO, Aug 22 (Reuters) – Canada’s main stock index fell…

Gold prices hover near record after US Federal Reserve minutes

The price of gold reached a record high of $2,531.60 on Tuesday Dollar falls to more than seven-month low Yield on 10-year US Treasury bonds falls to more than 2-week low Palladium reaches more than one-month high Aug 21 (Reuters)…

Dollar nears 7-month low ahead of Powell meeting, Swedish krona falls after rate cut

Aug 20 (Reuters) – The dollar fluctuated near a seven-month low on Tuesday on speculation that the U.S. Federal Reserve will begin cutting interest rates starting next month, with traders preparing for comments from Federal Reserve Chairman Jerome Powell on…

Global stock prices rise on Fed interest rate cut bets

Article 1 of 2 LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo (1/2)LSEG signage is seen on screens in the lobby of the London Stock…