US March CPI Posts Sharp Monthly Jump as Energy Prices Spike
Headline Inflation Driven by Energy Costs Headline Consumer Price Index (CPI) inflation in March was 3.3% higher than a year earlier and up 0.9% from February, according to Labor Department data released Friday. Both readings matched economists’ expectations collected by...
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Silver Holds Above $75 as US-Iran Ceasefire Eases Inflation Concerns
Silver Extends Weekly Advance Above $75 Silver traded above $75 per ounce on Friday and was on track to secure a third straight weekly advance. The latest move followed a sharp drop in oil prices after the announcement of a...
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Gold Holds Above $4,700 as Ceasefire Eases Inflation Concerns
Gold Supported by Lower Oil Prices and Softer Dollar Gold traded above $4,700 per ounce on Friday, extending a rally that has left the metal poised for a third straight weekly advance. The price action followed a US-Iran ceasefire that...
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European stocks edge higher as Middle East tensions keep oil near $100
European markets follow U.S. rally By 03:13 ET on Friday, the pan-European Stoxx 600 was up 0.2%, supported by a 0.4% rise in Germany’s Dax. The U.K.’s FTSE 100 gained 0.1%, while France’s CAC 40 was mostly unchanged. The moves...
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US Stock Futures Dip as Middle East Tensions Offset Midweek Rally
Futures Retreat After Equities Extend Weekly Gains Futures tied to the S&P 500, the Nasdaq 100, and the Dow Jones Industrial Average each slipped around 0.1% in overnight trading. The move followed a solid session on Wall Street, where stocks...
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