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Michigan Fuel Costs Strain Drivers as National Average Tops $4
Michigan's average gas price remains elevated at $3.915 per gallon, up 92 cents from a month ago, as the national average exceeds $4 for the first time in over three years. Filling a Ford F-150 now costs approximately $102.
Goldman Sachs Holds Firm on $5,400 Gold Forecast Despite March Rout
Goldman Sachs reaffirms its $5,400 per ounce year-end 2026 target for gold, even as the metal posts its steepest monthly decline since 2008. Divergent views from other major banks highlight market uncertainty.
Atmos Energy Secures $3 Billion Credit Extension Amid Safety Probe
Atmos Energy has extended $3 billion in credit facilities to 2029 and 2031, reinforcing liquidity while navigating a safety investigation and upholding its $4.2 billion fiscal 2026 capital expenditure target.
Shanghai Composite Tumbles 0.8%, Posts Steepest Monthly Drop Since Early 2022
The Shanghai Composite Index declined 0.8% to 3,891.86, marking its worst monthly performance since January 2022. Losses came despite an official manufacturing PMI reading that beat forecasts.
Shenzhen Market Plunges as Growth Stocks Retreat Despite Positive Factory Data
Shenzhen stocks declined sharply on Tuesday, with the ChiNext board dropping 2.7%, as investor concerns over energy prices and supply chain risks overshadowed positive manufacturing data.
Hong Kong Stocks Post Modest Gain Amid Mixed March Performance
Hong Kong's Hang Seng Index closed slightly higher on Tuesday, gaining 0.15% to 24,788.14, but recorded a 6.9% decline for March, marking its poorest monthly performance since January 2024.
Snap Shares Recover Amid EU Digital Services Act Investigation
Snap Inc shares gained 2.5% on Monday, recovering slightly from last week's decline triggered by an EU investigation into child-safety practices. The company faces global regulatory pressure as it pursues subscription revenue growth.
New Hampshire Senate Passes Crypto ATM Fraud Bill Amid Rising Senior Losses
The New Hampshire Senate approved legislation mandating cryptocurrency ATM operators to reimburse fraud victims who report within 14 days, as nationwide losses surpassed $65 million in the first half of 2024.
CoreWeave CEO's $7.2M Stock Sale Triggers Share Price Decline
CoreWeave shares dropped sharply following an SEC filing revealing CEO Michael Intrator sold $7.2 million in company stock. The sale comes as the AI infrastructure provider plans massive capital expenditures to address its $66.8 billion backlog.
SCHD ETF Boosts Healthcare in Rebalance as Dividend Fund Inflows Surge
The Schwab U.S. Dividend Equity ETF (SCHD) increased its healthcare allocation to 18.5% during its yearly portfolio update, adding Abbott Laboratories and UnitedHealth Group. The fund gathered nearly $4 billion in the first quarter as investors poured a total of $24.1 billion into U.S. dividend-focused funds, marking the strongest quarterly start since 2022.