• Gold futures mark first climb in 4 sessions
    on October 23, 2019 at 5:49 pm

    Gold futures climbed on Wednesday to mark their first gain in four sessions, with prices settling at their highest in nearly a week. "As investors grow weary waiting for a resolution to the Brexit saga, they are bound to fall back on their flight-to-safety mantra as they let the U.K. political uncertainties play out," said Han Tan, market analyst at FXTM. Also, "although investors' hopes over the U.S.-China 'phase-one' trade deal have dampened bullion of late, overarching concerns over the state of the global economy are expected to keep gold elevated going into next year." December gold rose $8.20, or 0.6%, to settle at $1,495.70 an ounce. That was the highest most-active contract finish since Oct. 17, according to FactSet data. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. […]

  • Hexo postpones Q4 earnings release, plans $54 million debt raise
    on October 23, 2019 at 5:04 pm

    Hexo Corp. on Wednesday postponed the release of its fourth-quarter earnings to Oct. 28 and said it will issue convertible debentures worth C$70 million ($53.5 million) in a private placement. Hexo stock rose 3.8% in midday trading. The stock resumed trading after a halt earlier in the session. Hexo said in a statement that it needs additional time for its full-year financial statements and to handle the financing. The company's Chief Financial Officer Michael Monahan resigned Oct. 4. Also in October, Hexo issued a revenue warning, withdrawing its fiscal 2020 financial outlook and saying it expected revenue for the quarter to July 31 between C$14.5 million and C$16.5 million. The company scheduled its post-results conference call with analysts for Oct. 29 at 8:30 a.m. Eastern. Hexo shares have lost about 25% this year, contrasting with gains of 20% for the S&P 500 index . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. […]

  • Walmart will start the holiday shopping season earlier than ever before
    on October 23, 2019 at 4:00 pm

    Walmart Inc. said Tuesday that holiday shopping deals will launch at midnight ET Friday, Oct. 25. This "Early Deals Drop" will be available online, with stores making the conversion to Christmas after Halloween, which is next Thursday. Steve Bratspies, chief merchandising officer for Walmart U.S., noted the shorter shopping season on a call with media, and highlighted convenience in a statement. "Saving our customers time is also paramount at this time of year, especially with fewer days to get ready for big family meals, parties and gift giving," he said. Walmart is focused on digitally-enabled shopping this year with offerings like Gift Finder, a new platform that helps shoppers choose a gift based on things like price range, and a scannable toy catalog, available Nov. 1, available for use on iOS devices. Walmart stock has gained 28.2% for the year to date while the Dow Jones Industrial Average has gained 15.1% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. […]

  • Turkish assets pop as Trump says he will lift Turkey sanctions, declares 'permanent' ceasefire in Syria
    on October 23, 2019 at 3:59 pm

    A popular exchange-traded fund was up more than 3% Wednesday midday as President Donald Trump announced a plan to lift U.S. sanctions on Turkey a, which were imposed after the it invaded Syria. The president also called a temporary ceasefire that had been announced last week "permanent." "The sanctions will be lifted unless something happens that we are not happy with," Trump said at the White House. The iShares MSCI Turkey ETF rose 3.4% in Wednesday midday trade and has climbed 3.6% so far this week. Meanwhile, Turkey's lira was up about 1% against the U.S. dollar, with the buck changing hands at about 5.77 lira, according to FactSet data, with the currency up about 0.3% week to date. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. […]

  • Trump says U.S. to lift Turkey sanctions as Syria ceasefire made permanent
    on October 23, 2019 at 3:55 pm

    President Donald Trump said Wednesday the U.S. will lift sanctions on Turkey after Ankara told his administration it will stop combat in Syria and make a ceasefire permanent. "The sanctions will be lifted unless something happens that we're not happy with," Trump said in an announcement from the White House. The iShares MSCI Turkey ETF rose about 4% as Trump spoke. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. […]

Market Data

Ticker