StoneX Group Inc. (NASDAQ:SNEX) climbs 2.3% following split as certain feeds report a 32% decline
StoneX Group Inc. was up 2.3% at $70.26 as of 13:54 EDT on Monday. Certain quote feeds continued to display a drop of around 32%.
Energy sector buoyed by Middle East oil risk, outpaces tech by 3.5 points
On Thursday, U.S. energy stocks outperformed the technology sector by 3.5 percentage points, despite a decline in Brent crude prices. The divergence underscored that equity markets continued to price in lingering supply risks from the Middle East.
Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test
Natural gas futures in the U.S. wrapped up the week just under $2.80 per million British thermal units. Prices held their ground on a lighter storage build, though a decisive move higher remained elusive with spring demand lagging. As of May 8, Trading Economics showed natural gas at $2.80, marking a monthly gain of roughly 5%, but the contract is still off more than 26% compared to the same period last year.
Natural Gas Price Today: Henry Hub Holds Near $2.80 as Storage Build, Mild Weather Weigh
Natural gas futures in the U.S. stuck close to $2.80 per mmBtu on Thursday at Henry Hub, as prices failed to catch a bid after storage numbers came in just a bit above forecasts—another reminder of slack in the domestic market.
Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures
European natural gas prices dropped early Tuesday, with the Dutch front-month TTF contract—Europe’s flagship wholesale gas price—off 2.5% at 53.55 euros per megawatt hour as of 09:03 GMT. Some traders locked in profits after the recent rally and reacted to flickers of de-escalation in the Middle East. The catalyst: a Wall Street Journal piece saying Donald Trump was open to ending action against Iran even if the Strait of Hormuz remained mostly shut, though Reuters couldn’t confirm the story.
Silver Price Today Holds Near $80.52 as Fed Meeting and Oil Shock Reset the Outlook
Spot silver barely budged, holding at $80.52 an ounce as of 1731 GMT Monday, traders caught between a less robust dollar and renewed jitters over oil-fueled inflation threatening to prolong elevated U.S. rates. Gold shed 0.5% for the session. Platinum jumped 3.9%, and palladium climbed 3.1%, pushing silver well behind the rest of the precious metals pack.
Silver price breaks $100 as safe-haven rush meets Fed week
Silver prices climbed above $100 an ounce on Friday for the first time ever, ending a tough week for risk assets as investors flocked to safe havens amid renewed speculation of U.S. rate cuts. Spot silver jumped about 5%, hitting $100.94 a troy ounce by 1848 GMT. Gold also soared, hitting a record $4,988.17, while platinum set another fresh high. “Silver should continue to benefit from many of the same forces supporting gold investment demand,” said Philip Newman, director at Metals Focus.