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[ad_1] Last Updated: May 02, 2023, 02:42 IST Wall Street stocks ended slightly lower on Monday after JPMorgan Chase acquired the embattled First Republic Bank, as markets traded cautiously ahead of a Federal Reserve decision. After a choppy session, all three major indices finished in the red at the start of a news-jammed week that also includes Apple results and a report on April’s employment figures. The Dow Jones Industrial Average finished 0.1 percent lower at 34,051.70. The broad-based S&P 500 dipped less than 0.1 percent to 4,167.87, while the tech-rich Nasdaq Composite Index also declined 0.1 percent to 12,212.60. The JPMorgan deal came after federal officials placed First Republic in receivership, resolving the last major problem bank from a recent spate of troubles. Under the agreement, JPMorgan, the largest bank in the United States, will assume all of First Republic’s deposits, as well as “almost" all of its assets, according to a statement from the Federal Dep

[ad_1] Last Updated: July 12, 2023, 01:05 IST New York, United States of America (USA) Ready to be minted 50g gold ingots are pictured at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. (Reuters) Gold prices rise as dollar and bond yields decline ahead of U.S. inflation data. Spot gold set for third consecutive gain, eyes on consumer prices report Gold prices edged higher on Tuesday as the dollar and bond yields fell ahead of U.S. inflation data that could offer more cues on the Federal Reserve’s rate-hike path. Spot gold was up 0.4% at $1,931.83 per ounce by 02:11 p.m. EDT (1811 GMT), set for a third consecutive session of gains. U.S. gold futures rose 0.3% to $1,937.10. Making gold cheaper for holders of other currencies, the dollar index fell 0.3% to its lowest level since May 11. Benchmark 10-year U.S. Treasury yields also slipped. [USD/] [US/] “If we have a soft inflation reading, it will be positive for gold and prices might