Lyle Niedens

Year-over-year earnings at most large U.S. banks likely fell in the third quarter as the amounts they had to pay to secure deposits continued rising. But with the recent Fed rate cuts, things may look brighter in the future.

Credit: Investopedia / Photo Illustration by Alice Morgan / Getty Images

The recent rally in silver prices stumbled Wednesday, as uncertainty about upcoming Fed decisions on interest rates and profit-taking sent prices lower, but the metal remains supported by industrial demand.

Third-quarter profits for Exxon Mobil and Chevron reflected a substantial decline in their refining margins, which in turn reflected a summer drop in fuel prices.

KEY TAKEAWAYS Investors rushed into bond and fixed-income funds with net inflows almost doubling to over $119 billion in the third quarter, compared to the prior quarter. In contrast, equity funds and ETFs suffered $1.9 billion in net outflows in the third quarter, compared with $14 billion in net inflows in the previous quarter. Investors tried to lock in high yields ahead of the Fed rate cut and some moved to less risky assets as equity markets fumbled and concerns about a recession rose.

Investopedia / Photo Illustration by Alice Morgan / Getty Images

Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former President Trump's decisive election victory Tuesday.

Trump's pro-energy stance may backfire for oil stocks By Lyle Niedens

Revenue and earnings increased for big banks in the fourth quarter, thanks to a resurgence in Wall Street dealmaking

A string of recent all-time highs tied to economic uncertainty suggests gold prices could top $3,000 per ounce in coming months.