Silver (SI=F) September futures opened at $58.74 per ounce on Tuesday, July 28, 2026, up 0.1% from Monday’s closing price. The silver price moved lower this morning, reaching $57.55 as of 7:50 a.m. ET. Silver hasn’t opened above $61 since July 7, and like gold, has traded within a very narrow price band for much…
Gold (GC=F) August futures opened at $4,083 per troy ounce on Tuesday, July 28, 2026, up just 0.1% from Monday’s closing price. The price of gold moved lower this morning to $4,027 per troy ounce as of 7:24 a.m. ET. The price of gold has opened below $4,100 since July 14, and continues to trade…
US tech stocks slid on Tuesday as a sell-off in Korean memory makers underscored concerns about AI circular financing deals, overshadowing a drop in oil prices and earnings optimism. The Nasdaq Composite (^IXIC) fell 1%, adding to losses for the tech-heavy index, while the S&P 500 (^GSPC) down 0.1%. But the Dow Jones Industrial Average…
US tech stocks regained their footing on Tuesday as a sell-off in chip stocks underscored concerns about AI circular financing deals, countering a drop in oil prices and earnings optimism. The Nasdaq Composite (^IXIC) bounced back from earlier losses to hover near the flat line. The S&P 500 (^GSPC) rose nearly 0.4%, while the Dow…
Crude oil prices are retreating after Brent hit $100 again last week as the United States and Iran took a break from hostilities over the weekend. Yet with the outcome of the war still highly uncertain, the outlook for stock markets has dimmed. Add to that Big Tech’s AI spending binge and fresh warnings about…
What happened: Nvidia (NVDA) stock rose as much as 2% on Friday before giving up some of its gains, putting the stock within striking distance of a new record high. What’s behind the move: Nvidia extended its advance from the previous session as AI-related semiconductor stocks continued to climb. The stock closed at $230.36, just…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
Kevin Heal Chief Compliance Officer & Senior Analyst: Financial Services Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and regional dealers…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
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