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14:18
Constellation Energy Corp shares hit their lowest point since February, ultimately closing down 6.6% after the company forecasted its 2026 profits would fall below market expectations.
This significant decline reflects investors' concerns about the company's future profitability, and the market has also raised new doubts about the outlook for the energy sector.
14:17
Gold and silver stocks are generally rising. US gold companies are up more than 7%, First Majestic Silver is up over 6%, Harmony Gold, Vista Gold, and Jin Tian are up over 5%, Aya Gold & Silver and Coeur Mining are up nearly 4%, and Newmont Mining and Pan American Silver are up more than 3%.
On the news front, spot gold surged more than 2% intraday, breaking through the $4,600/ounce mark; spot silver jumped more than 4%, returning above $73/ounce. Goldman Sachs remains firmly bullish on gold, stating that continued purchases by central banks and the expectation of two more Federal Reserve rate cuts this year will support gold's medium-term outlook, with prices expected to rise to $5,400/ounce by the end of the year. If geopolitical tensions worsen further or Western fiscal sustainability is impacted, gold prices could surge to $6,100.
14:17
US Stock Market Movements | Major tech stocks mostly rise, Meta Platforms (META.US) up over 3%
The three major U.S. stock indexes collectively rose during trading, with the Nasdaq up 1.48%, the S&P 500 up 1.17%, and the Dow Jones up 0.95%.
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