President Trump and Australian Prime Minister Anthony Albanese on Monday signed the critical minerals agreement framework that aims to boost US access to both the mining and processing of Australian rare earth resources. It was a move aimed squarely at China, which recently moved to choke off its own exports of rare earth minerals, and…
General Motors (GM) will report its third-quarter earnings before the opening bell Tuesday morning as the largest of the Detroit Three automakers grapples with President Trump’s auto tariffs and a changing electric vehicle business. GM is expected to post first-quarter revenue of $45.16 billion according to Bloomberg consensus, down 7% from a year ago. Analysts…
U.S. stocks rose on Monday as Wall Street kicked off a week packed with high-profile earnings and a delayed release of key inflation data. The Dow Jones Industrial Average (^DJI) rose about 0.4%, while the S&P 500 (^GSPC) rose 0.5%. The tech-heavy Nasdaq Composite (^IXIC) also gained about 0.5%, with shares posting weekly gains. Wall…
Oil posted its third straight week of losses on Friday as traders grew increasingly concerned about oversupply. West Texas Intermediate (CL=F) was trading at $57.54 a barrel, while Brent futures (BZ=F) were trading at $61.29 a barrel, its lowest level since May. WTI and Brent closed the week with a drop of more than 2%….
November WTI Crude Oil (CLX25) closed Monday up +0.59 (+1.00%) and November RBOB Gasoline (RBX25) closed up +0.0012 (+0.39%). Crude oil and gasoline prices closed higher on Monday, recovering some of last Friday’s decline. Crude oil prices rose after the Trump administration over the weekend indicated its openness to reaching a trade deal with China….
The corn market was under pressure in sympathy with beans and other external pressures on Friday. Contracts closed down 4 to 5 ¼ cents, with December down 6 cents this week. CmdtyView’s national average cash corn price fell five cents to $3.71 3/4. The average close for December futures so far this month has been…
Several Bitcoin mining stocks finished the week with double-digit gains, despite a big drop in the Friday afternoon trading session following President Trump’s announcement regarding tariffs on China. Get these headlines delivered straight to your inbox: Subscribe to Blockspace. San Antonio-based miner HIVE (Nasdaq: HIVE) took the lead with a 40% return from Monday’s open…
The stock market has had a great run, returning more than 35% since its tariff-driven selloff in April. With those gains, many are predictably wondering if the S&P 500, Nasdaq and Dow Jones will continue to gain in October. Investors are right to be curious. October is a bit notorious because the month features some…
