Wall Street braces for volatile Wednesday as U.S. GDP data shows unexpected economic contraction, raising fears of a recession. Pre-market futures down.
Sustained higher gold prices support mining stocks, such as Agnico Eagle Mines and Freeport-McMoRan, which are expected to be the next part of gold's big move
Freeport-McMoRan (FCX) reported Q1 FY25 results with revenue of $5.73 billion, exceeding consensus. Copper sales were 872 million lbs, beating estimates. Operating income was $1.303 billion and the company expects sales of 4.0B lbs of copper in 2025.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
Trump’s order said the U.S. reliance on imported critical minerals “raises the potential for risks to national security, defense readiness, price stability, and economic prosperity.”
The US market is yet to commence its session on Friday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Several large-cap stocks, mainly in technology, saw significant declines this week due to macro and supply chain uncertainties. Are they in your portfolio?
Stay tuned for the market movements in the S&P500 index on Friday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
Let's have a look at what is happening on the US markets before the opening bell on Friday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
