June 22, 2023: Markets Evaluate Powell’s Statements

Gold remains close to its lowest level in three months as markets evaluate “Powell’s” statements. Gold prices have not seen significant changes following the release of new statements by the US Federal Reserve regarding interest rate hikes this year. The yellow metal continues to hover near its lowest level in three months, which was recorded

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June 21, 2023: Tesla Soars, Nike Slumps, and European Stocks Retreat.

Tesla Shares Gained $44 Billion While Nike Suffered the Largest Daily Loss. US indices closed with collective declines in Tuesday’s session, pressured by profit-taking after substantial gains last week and ahead of the Federal Reserve Chairman’s testimony before Congress on Wednesday. The broad sell-off comes after the longest weekly winning streak in the Nasdaq since

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