12:15 PM EDT, 07/30/2024 (MT Newswires) -- Wall Street's major market averages were mixed in midday trading Tuesday as the Federal Reserve's policy-setting Federal Open Market Committee began its two-day meeting and investors digested more corporate quarterly reports. In economic news, the Bureau of Labor Statistics said US job openings fell to 8.184 million in June from the 8.230 million...

Long-term uranium contract prices have surged to over 16-year highs, driven by supply uncertainties and increasing demand, as the industry scrambles to prepare for powering AI data centers. Other factors, such as supply chain disruptions, geopolitical uncertainties, and environmental mining restraints, contribute to the situation. Term prices for uranium now hover around $79 per pound, the highest since 2008, with...

JOHANNESBURG, July 30 (Reuters) - The South African rand gained on Tuesday as markets waited on the outcome of a U.S. Federal Reserve meeting on Wednesday which could give hints on its rate-cut timeline. At 1526 GMT, the rand traded at 18.35 against the dollar , about 0.5% stronger than its previous close, after tumbling against a stronger greenback on...

August is not historically a very good month for stocks. Across several major indices, average returns for the month are low to negative, and it is essentially a coin flip as to whether an index will finish higher or lower. In other words, there is no strong directional bias in August.  Some investors may think all months are a coin...