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TSX Composite Retreats as Rate Fears Weigh on Materials, June 09
TSX Composite retreats from record highs as employment data sparks rate concerns. Materials sector falls; AI stocks show mixed performance.
Bitcoin Slides Under $63,000 as ETF Withdrawals Continue, While Analysts Eye Future Record Highs
Bitcoin came under pressure as the world’s largest cryptocurrency slipped below the $63,000 level, weighed down by continued withdrawals from spot Bitcoin exchange-traded funds (ETFs). The decline has sparked concern among short-term traders, but many analysts remain optimistic about the long-term outlook and continue to forecast new record highs in the coming years. The recent…
GSK Plc Announces $10.6B Nuvalent Acquisition to Boost Lung Cancer Pipeline; Stock Falls 3.24%
GSK Plc moved decisively on June 9, 2026. The British drugmaker agreed to acquire US-listed cancer drug developer Nuvalent for $10.6 billion in an all-cash deal, valuing Nuvalent at approximately $124 per share, a 40% premium to its last closing price. Net of cash acquired, GSK’s actual upfront investment totals $9.4 billion. GSK Plc stock…
OCBC Launches Physical Gold Trading in Singapore, June 09
OCBC launches physical gold trading and custody services for institutional and private banking clients from June 10, 2026.
Gold Falls 1.2% to ₹1,53,620 Per 10g as US Jobs Data Stokes Rate Hike Fears, June 09
Gold prices in India fell 1.2% to ₹1,53,620 per 10g on June 8, 2026, amid strong US jobs data and rising Treasury yields.
MCX Gold Plunges Over Rs 1,600 to Below Rs 1.54 Lakh; Silver Drops Rs 5,500 to Rs 2,43,500/kg
Gold and silver prices started the week with a sharp decline on June 8, 2026. MCX gold futures fell by more than Rs 1,600, slipping below Rs 1.54 lakh per 10 grams, while silver dropped around Rs 5,500 to trade near Rs 2,43,500 per kilogram. The sudden fall has caught the attention of traders and…
Hang Seng Index Drops 1.22% to 24,657.06; Nonferrous Metals Face Broad Selling Pressure
The Hang Seng Index ended Monday’s session lower as investors reduced exposure to cyclical and commodity-linked sectors. The benchmark Hong Kong index closed at 24,657.06, down 304.79 points, or 1.22%, reflecting weak sentiment across metals, coal, technology, and growth stocks. The decline came amid broader weakness in Asian equities and concerns over global risk appetite. …
NVDA Stock Update: NVIDIA Corp at $205.10, Down 6.20% (-$13.56) as Lunit Joins AI Ecosystem Meeting in Korea
NVDA stock closed Friday, June 6, at $205.10, its worst single-day drop since February. The stock fell 6.20%, moving from $218.66 to $205.10, with a session range of $204.34 to $214.87. Total volume hit 216 million shares, 47 million above the daily average, exchanging approximately $44.23 billion in a single session. NVDA’s all-time high of…
Reeves Backs UK Growth Plan With £470m Industrial Fund, June 08
Reeves announces £350m chemicals fund and £120m ceramics support amid UK manufacturing energy cost crisis and political uncertainty.