Key News Overnight: Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. In This Issue: Ramelius Resources (RMS) | Takeover of Breaker Resources (BRB) | BUY | Analyst | John Macdonald West African Resources (WAF) |Read more
Key News Overnight: A strong rebound by financials helped Wall Street’s main indexes close firmly positive on Thursday, after some of the country’s largest lenders came to the rescue of embattled First Republic Bank. In This Issue: Centaurus Metals (CTM) | Craving Clarity | SPEC BUY | Analyst | George Ross Eagle Mountain Mining (EM2)Read more
Key News Overnight: U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month. In This Issue: Genesis Minerals (GMD) | SBM Merger Update | SPEC BUY | Ben Crooks EnergyRead more
Key News Overnight: Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher as some sectors benefited from hopes the Federal Reserve could ease up on interest rates hikes. In This Issue: Sovereign Metals (SVM)Read more
Key News Overnight: Wall Street’s indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lender to the technology sector, overshadowing the February jobs report In This Issue: Capricorn Metals (CMM) | ‘Head Above’ | HOLDRead more
Key News Overnight: Wall Street’s three major stock indexes closed lower on Thursday, with bank stocks creating the biggest drag while investors also worried that Friday’s jobs report could spur more aggressive interest rate hikes from the Federal Reserve. In This Issue: Capricorn Metals (CMM) | Half Year Accounts | HOLD | Analyst | John MacdonaldRead more
Key News Overnight: The S&P 500 index closed slightly higher while the Dow dipped on Wednesday as investors grappled with mixed messages from Federal Reserve Chair Jerome Powell and U.S. economic data ahead of upcoming labor and inflation reports that are expected to determine the central bank’s future rate hiking path. In This Issue: Evion GroupRead more
Key News Overnight: The S&P 500 made little progress on Monday, closing slightly higher than its session low as U.S. Treasury yields pulled higher with investors braced for this week’s testimony from Federal Reserve Chair Jerome Powell and the February jobs report. In This Issue: Evolution Energy Minerals (EV1) | Agreement Terms | SPEC BUYRead more
Key News Overnight: The S&P 500 made little progress on Monday, closing slightly higher than its session low as U.S. Treasury yields pulled higher with investors braced for this week’s testimony from Federal Reserve Chair Jerome Powell and the February jobs report. In This Issue: OreCorp (ORR) | Financing Update | SPEC BUY | AnalystRead more
Key News Overnight: Wall Street rallied on Friday to end a volatile week, as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that the Federal Reserve will have to keep its restrictive policy in place until late in the year. In This Issue: Core Lithium (CXO) | BP33 MRERead more
