Key News Overnight: S&P 500 closed the books on its steepest September decline in two decades on Friday, skidding across the finish line of a tumultuous quarter fraught with historically hot inflation, rising interest rates and recession fears. All three major indexes veered to a sharply lower end, having quashed a brief rally early inRead more
Key News Overnight: Wall Street ended sharply lower on Thursday on worries that the Federal Reserve’s aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets. The S&P 500 touched lows last seen in November 2020. Down more than 8% in September, the benchmarkRead more
Key News Overnight: Global equities staged a partial comeback on Wednesday, with Wall Street stocks surging around 2% as the Bank of England said it would step in to the bond market in an attempt to dampen investors’ fears of contagion across the financial system. In This Issue: Global Lithium (GL1) | SKO MOU |Read more
Key News Overnight: The S&P 500 fell to its lowest level in almost two years on Tuesday on worries about super aggressive Federal Reserve policy tightening, trading under its June trough and leaving investors appraising how much further stocks would have to fall before stabilising. In This Issue: Lunnon Metals (LM8) | Baker Results | SPECRead more
Key News Overnight: Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve’s aggressive campaign against inflation could throw the U.S. economy into a sharp downturn. In This Issue: Poseidon Nickel (POS) | Operations Update | Under Review | AnalystRead more
Key News Overnight: The blue-chip Dow Jones Industrial Average tumbled to its lowest level since November 2020 on Friday, but narrowly missed ending more than 20% below its 4th of January record high close. In This Issue: Pantoro (PNR) | Reserves & Resource Update | SPEC BUY | Analyst | John Macdonald Syrah (SYR) |Read more
Key News Overnight: Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve’s third straight 75-basis point interest rate hike in its campaign to drive borrowing costs high enough to bring down 40-year high inflation. In This Issue: Argonaut Natural Resources Fund (“ANRF”) PostsRead more
Key News Overnight: Wall Street ended Tuesday lower as the eve of a U.S. Federal Reserve meeting expected to bring another large interest rate hike brought further evidence of the impact on corporate America from the inflation that the U.S. central bank wants to tame. In This Issue: Capricorn Metals (CMM) | Back to Earth |Read more
Key News Overnight: Wall Street’s main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week’s policy meeting at the Federal Reserve and how aggressively it will hike interest rates. The benchmark 10-year Treasury yield hit its highest point in over a decade on Monday, as the dollar strengthenedRead more
Key News Overnight: U.S. stocks ended in the red on Friday, falling to two-month lows as a warning of impending global slowdown from FedEx hastened investors’ flight to safety at the conclusion of a tumultuous week. In This Issue: NexGen Energy (NXG) | Earning Elite Status | SPEC BUY| Analyst | George Ross 2022 Beaver CreekRead more
