James Gruber
๐ค SpeakerAppearances Over Time
Podcast Appearances
Gold futures fell to a one-month low as investors remained concerned about inflation stemming from the war.
The futures settled down 1% to US$4,561 an ounce.
Iron ore futures, meanwhile, were steady at 107.15 US dollars a ton.
Let's take a look at currencies.
They were lower against the US dollar.
The euro dipped 0.3% to 1.1675 US dollars.
The Japanese yen dropped 0.5% to 160.37 yen.
And the Aussie dollar slumped 0.9% to 71.15 US cents.
Let's head to Wall Street.
The Dow Jones index finished down 0.6%, while both the S&P 500 and Nasdaq were flat.
A closer look at the trading day there.
Wall Street moved lower on Wednesday, mostly with spiking crude prices fanning inflation worries as the Federal Reserve left interest rates unchanged.
Among the 11 major sectors of the S&P 500, energy stocks benefiting from the jump in crude prices led the gainers.
Materials and utilities were down the most.
Robinhood markets fell 13% after the online brokerage missed first quarter profit expectations.
Shares of data storage companies climbed following an upbeat fourth quarter forecast from Seagate Technology.
Seagate jumped 10%, while Peers, SanDisk and Western Digital gained between 6.3% and 5.7% respectively.
Starbucks advanced 8% after raising its annual profit forecast.
Meanwhile, Visa jumped 8% also after the payments processing company raised its forecast for full-year earnings.
U.S.