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The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
(SEC Amendment) Ivanhoe Electric(IE.US) Officer Sells US$555.42K in Common Stock
$Ivanhoe Electric(IE.US)$ Officer Gibson Mark Andrew Stuart sold 45,000 shares of common stock on May 16, 17, 2024 at an average price of $12.34 for a total value of $555.42K.Source: Announcement What
Ivanhoe Electric(IE.US) Officer Sells US$304K in Common Stock
$Ivanhoe Electric(IE.US)$ Officer Gibson Mark Andrew Stuart sold 25,000 shares of common stock on May 20, 2024 at an average price of $12.16 for a total value of $304K.Source: Announcement What is sta
Wall Street Is Chasing a Hot Stock Market. You Don't Need To
By Jacob Sonenshine The S&P 500 is hitting record highs -- and strategists are now lifting their price targets for the S&P 500. Investors shouldn't take that as their cue to aggressively buy the mark
It surpassed $11,000 for the first time! “Dr. Copper” continues to soar, investors are betting on the prospect of supply shortages
As supply shortages are expected to intensify, financial investors are pouring into the copper market, which has helped copper soar to its highest level in history, continuing strong gains for several months.
Copper Hits Record Above $11,000 on Bets That Shortage Looms
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