Gold prices fell below $4,300 an ounce amid resilient US labor market data showing initial jobless claims at 197,000, slightly better than expected. This strong employment report supports the Federal Reserve's stance on maintaining interest rate hikes, pushing the 10-year Treasury yield to a 20-year high of 5.11%. Persistent inflation and higher bond yields continue to pressure gold prices downward. Analysts suggest that ongoing robust employment figures could keep gold under pressure as the Fed has more room to tighten monetary policy.
Gold prices and US labor market data provide context for this story. For readers following these developments, here is Pluang's market snapshot as of Sep 24, 2026 19:14 WIB: out of 150 priced US stocks tradable on Pluang, 48 rose and 98 fell. Notable movers include NOK at USD 10.24 with a 1-day change of -3.67%, SHOP at USD 137.50 down 3.40%, and FCEL at USD 16.60 down 3.38%.
Bernstein upgraded Dollar General to "Outperform" due to its strategic initiatives targeting budget shoppers and expanding seasonal product offerings, especially affordable toys. The company is also growing its DG Media Network, which generates signi...
TD SYNNEX reported quarterly earnings per share of $5.68, surpassing analyst estimates of $4.70 by 22.41%, and revenue of $21.56 billion, beating estimates by 14.81%. This strong performance reflects a 37.7% revenue increase year-over-year, driving t...
Cintas reported a 10.9% revenue increase to $3.01 billion in Q1 fiscal 2027 and exceeded EPS expectations with $1.39 per share. Following this strong performance, investment firm Robert W. Baird raised its price target for Cintas to $222, implying a ...
Darden Restaurants reported Q1 2027 earnings per share of $2.05, meeting analyst expectations but down from $2.19 last year due to higher expenses. Total revenue was $3.20 billion, just below the $3.21 billion estimate. Despite this, the company saw ...
Jefferies Financial Group is expected to report a third-quarter revenue of $2.21 billion, marking an 8.1% increase year-over-year, signaling strong sales growth. However, earnings per share (EPS) are forecasted to decline slightly by 1% to around $1....
