Movement in precious metals and stocks in US markets
Istanbul, August 12 (Hibya) – Mixed pricing stands out among assets traded in US markets. Gold was at $4,464.90 an ounce, down 0.54 percent. Silver fell 0.87 percent to $65.50.
Mixed pricing stands out among assets traded in US markets. Gold was at $4,464.90 an ounce, down 0.54 percent. Silver fell 0.87 percent to $65.50.
In equities, both gains and declines drew attention. KKR & Co. rose 6.88 percent to $110.97, Axon Enterprise gained 6.70 percent to $636.31, while MercadoLibre climbed 6.34 percent to $1,940.
On the other hand, Amentum Holdings fell 8.22 percent to $22.43. AppLovin lost 5.99 percent to trade at $318.68, while Ventas declined 5.43 percent to $86.96.
Movement in technology and growth stocks was particularly notable in the markets, while selling pressure stood out in precious metals.
Although AppLovin's revenue in its second-quarter results announced on August 5 showed strong year-over-year growth, the sharp move in its share price highlights investors' sensitivity to expectations.
Usa News Agency