Base Metal Stock Articles

Tech Talk for Wednesday September 7th 2022

07/09/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade.Index futures were virtually unchanged following release of the July U.S. Trade Report at 8:30 AM EDT. Consensus was a deficit of $70.5 billion versus a deficit of $79.60 billion in June. Actual was a deficit of $70.6 billion.The Canadian Dollar was virtually unchanged at U.S.75.82 cents...Read More

Tech Talk for Tuesday September 6th 2022

06/09/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 23 points in pre-opening trade.Bed Bath & Beyond dropped $1.21 to $7.42 on news that the company's Chief Financial Officer died by suicide.Discover Financial slipped $0.28 to $99.25 after JP Morgan downgraded the stock from Overweight to Neutral.FedEx dropped $3.32 to $205.40 after Citigroup downgraded the stock fr...Read More

METALS-Copper steady, China demand worry offset by US rate hopes

Sep 5 2022 5:43AM / Reuters

(Updates prices) By Pratima Desai LONDON, Sept 5 (Reuters) - Copper prices steadied on Mondayas worries about demand in top consumer China were offset by theprospect of U.S. interest rates peaking at a lower level thanpreviously expected. Benchmark copper on the London Metal Exchange (LME)was up 0.2% at $7,651 a tonne at 1614 GMT. China's weak property and industrial sectors, accounting fora large...Read More

Tech Talk for Monday September 5th 2022

05/09/2022 / Staff reporter

We will return tomorrow with all the news in the market.   See you then!More from the network: Stock Market Outlook for September 19, 2022Stock Market Outlook for September 16, 2022Stock Market Outlook for September 15, 2022Stock Market Outlook for September 14, 2022Stock Market Outlook for September 13, 2022Read More

Tech Talk for Friday September 2nd 2022

02/09/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points in pre-opening trade. U.S. equity index futures moved higher following release of the August Employment Report at 8:30 AM EDT. Consensus for August non-farm Payrolls was a drop to 318,000 from revised 526,000 in July. Actual was 315,000. Consensus for August Unemployment Rate was unchanged from July at 3.5%....Read More

METALS-Aluminium lurches to 16-month low on renewed demand fears

Sep 1 2022 6:19AM / Reuters

* Tin tumbles to weakest level in 19 months * GRAPHIC-2022 asset returns: (Updates prices) By Eric Onstad LONDON, Sept 1 (Reuters) - Aluminium prices stumbled totheir lowest in 16 months on Thursday while other based metalsalso slid on renewed worries about weak demand after downbeateconomic data in top metals consumer China amid fresh COVID-19lockdowns. Benchmark aluminium on the London Metal Exc...Read More

Tech Talk for Thursday September 1st 2022

01/09/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Costco added $1.70 to $523.80 after its August sales rose 11%Walt Disney advanced $1.80 to 113.88 on news that the company is exploring an approach to membership similar to Amazon's Prime modelOkta dropped $7.08 to $84.35 after releasing second quarter results. Mizuho lowered its target...Read More

Tech Talk for Wednesday August 31st 2022

31/08/2022 / Staff reporter

 U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. The Canadian Dollar slipped 0.08 to US76.16 cents following release of Canada's second quarter real GDP. Consensus was growth at a 4.5% versus a gain of 3.1% in the first quarter. Actual was a gain of 3.3%HP Inc dropped $1.15 to $29.95 after reporting less than consensus quarterly...Read More

Tech Talk for Tuesday August 30th 2022

30/08/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points in pre-opening trade. Best Buy added $1.99 to $75.69 after reporting higher than consensus second quarter earnings.Twitter slipped $0.37 to $39.67 after Elon Musk issued a letter to terminate his takeover offer.Big Lots added $0.49 to $22.04 after reporting higher than consensus second quarter earnings.Bank o...Read More

Tech Talk for Monday August 29th 2022

29/08/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 32 points in pre-opening trade.Dollar Tree dropped $1.36 to $137.34 after Deutsche Bank lowered its target price from $185 to $163.Toll Brothers fell $0.62 to $45.65 after Raymond James reduced its target price from $75 to $56.Dow Inc. fell $1.31 to $53.15 after KeyBanc Capital downgraded the stock from Sector Perform...Read More

Tech Talk for Friday August 26th 2022

26/08/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade.Index futures were virtually unchanged following release of core July PCE Price Index at 8:30 AM EDT. Consensus on a year-over-year basis was unchanged at 4.8%. Actual was 4.6%.Investors are waiting for a speech from Fed Chairman Powell at 10:00 AM EDT Workday advanced $19.39 to $181.75 a...Read More

Tech Talk for Thursday August 25th 2022

25/08/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade.Index futures were virtually unchanged following release of next estimate for second quarter real GDP at 8:30 AM EDT. Consensus was a reduction of 0.7% versus the first estimate of a reduction of 0.9%. Actual was a reduction of 0.6%.Nvidia (NVDA) dropped $4.72 to $167.50 after lowering th...Read More

Tech Talk for Wednesday August 24th 2022

24/08/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.Equity index futures were virtually unchanged following release of July Durable Goods Orders at 8:30 AM EDT. Consensus was an increase of 0.8% versus a gain of 2.0% in June. Actual was unchanged. Excluding transportation sales, consensus for July Durable Goods Orders was an increase of 0.2...Read More

UPDATE 3-Volkswagen, Mercedes-Benz team up with Canada in battery materials push

Aug 23 2022 11:24AM / Reuters

(Updates paragraph 9 to say VW's ID4 will qualify for a $7,500tax credit in 2022) FRANKFURT, Aug 23 (Reuters) - German carmakers Volkswagen and Mercedes-Benz struck battery materialscooperation agreements with mineral-rich Canada on Tuesday,intensifying efforts to secure access to lithium, nickel andcobalt. The move comes as automakers roll out their electric-vehicleexpansion strategies globally i...Read More

Tech Talk for Tuesday August 23rd 2022

23/08/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures advanced 2 points in pre-opening trade. Palo Alto Networks $PANW gained $43.85 to $552.00 after the company reported higher than consensus fiscal fourth quarter revenues and earnings. The company also announced a three for one stock split. Stifel raised its target price from $600 to $645. Zoom $ZM dropped $6.64 to $88.74 after...Read More

Tech Talk for Monday August 22nd 2022

22/08/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 51 points in pre-opening trade. FedEx dropped $2.95 to $228.78 after Evercore added the stock to its tactical underperform list.United Parcel Services fell $4.49 to 203.94 after Evercore lowered its rating from Outperform to In Line.Canadian National Railway dropped $2.22 to $124.49 after Evercore lowered its rating f...Read More

Wall St Week Ahead Summer rebound in U.S. stocks gains fans among chart-watching investors

Aug 19 2022 4:01PM / Reuters

(Updates market moves) By Lewis Krauskopf NEW YORK, Aug 19 (Reuters) - The rebound in U.S. stocks isgaining believers among investors who study market trends,bolstering hopes for equities in the second half of 2022. After notching its worst first half since 1970, the S&P 500has bounced some 15% from its mid-June low, fueled bystronger-than-expected corporate earnings and hopes the economycan a...Read More

Tech Talk for Friday August 19th 2022

19/08/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 42 points in pre-opening trade.Applied Materials $AMAT gained $0.30 to $108.57 after reporting higher than consensus third quarter results. Home Depot added $3.29 to $328.50 after the company authorized a $15 billion share buyback program.Deere dropped $19.99 to $348.00 after reporting less than consensus fiscal third...Read More

Tech Talk for Thursday August 18th 2022

18/08/2022 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of the August Philly Fed report at 8:30 AM EDT. Consensus was a drop of 5.0 versus a decline of 12.3 in July. Actual was an increase of 6.2%Cisco advanced $1.55 to $48.16 after reporting higher than consensus fiscal fourth quarter re...Read More

Tech Talk for Wednesday August 17th 2022

17/08/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 37 points in pre-opening trade. Index futures were virtually unchanged following release of the U.S. July Retail Sales report at 8:30 AM EDT. Consensus was an increase of 0.1% versus a gain of 1.0% in June. Actual was unchanged. Excluding auto sales, consensus was a slip of 0.1% versus a gain of 1.0% in June. Actual w...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok