Gold prices fell more than 1% as investors booked profits after a recent rally, though it pared some losses after weaker-than-expected U.S. jobs data bolstered bets of Federal Reserve rate cuts.
Gold falls as investors lock in profits
Exxon signals fall in fourth-quarter upstream profit
U.S. oil major Exxon Mobil said in a regulatory filing that changes in crude oil prices could lower its fourth-quarter upstream earnings by about $800 million to $1.2 billion. Oil prices declined 9.2% during the three months ended December 31, as concerns about oversupply and tariffs outweighed geopolitical risks.
Tech, healthcare extend Wall St rally in jobs-report week
Wall Street’s main indexes extended their rally, with the Dow at a record high on a boost from healthcare and technology stocks, while investors positioned for the week’s key jobs report to gauge the Federal Reserve’s policy outlook.
Gold inches closer to record peak as geopolitical risks lift safe-haven demand
Gold extended gains, buoyed by safe-haven demand after the U.S. capture of Venezuela’s president fueled global tensions, while investors awaited U.S. payroll data for insights into the Federal Reserve’s interest rate policy.
London’s FTSE 100 finishes at record high on healthcare gains
London’s FTSE 100 closed at a record high, as heavyweight healthcare stocks led a broad-based rally after Britain’s AstraZeneca announced a strategic collaboration. The internationally-focused FTSE 100 rose 1.4%, also lifted by a weaker pound that increases export revenue for exporters.
Bitcoin and Ether ETFs pull in $646M on first trading day of 2026
US-based spot Bitcoin and Ether ETFs began 2026 on a strong note, posting a combined net inflow of around $646 million on the first trading day, despite mixed sentiment across the broader crypto market.