$RIO

Rio Tinto plc

  • NEW YORK STOCK EXCHANGE INC.
  • Non-Energy Minerals
  • Other Metals/Minerals
  • Mining, Quarrying, and Oil and Gas Extraction
  • Iron Ore Mining

PRICE

$68.91 โ–ผ-0.073%

Extented Hours

VOLUME

3,688,175

DAY RANGE

65.84 - 67.01

52 WEEK

56.38 - 84.35

Join Discuss about RIO with like-minded investors

profile
@Marcosx #ivtrades
recently

wth is Najarian saying about RIO?

106 Replies 14 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@Marcosx #ivtrades
recently

$RIO nice pattern

119 Replies 7 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

nothing significant today no > @Gary19 said: droski,did you see something on $rio before?

40 Replies 12 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@Gary19 #droscrew
recently

droski,did you see something on $rio before?

91 Replies 14 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Rio de Janeiro to Allow Real Estate Tax Payments With Crypto as of 2023, Mayor Says https://www.coindesk.com/policy/2022/03/28/rio-de-janeiro-to-allow-real-estate-tax-payments-with-crypto-as-of-2023-mayor-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

118 Replies 8 ๐Ÿ‘ 6 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Coinbase Reportedly Nears Mercado Bitcoin Purchase as Binance Readies Rio Expansion https://cryptonews.com/news/coinbase-reportedly-nears-mercado-bitcoin-buy-as-binance-readies-rio-expansion.htm

77 Replies 10 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Rio de Janeiro to accept Bitcoin for real estate taxes from 2023 https://cointelegraph.com/news/rio-de-janeiro-to-accept-bitcoin-for-real-estate-taxes-from-2023

50 Replies 8 ๐Ÿ‘ 7 ๐Ÿ”ฅ

TR
@trademaster #TradeHouses
recently

By Eileen Soreng and Praveen Menon (Reuters) - Russia might look to its giant neighbour to replace Australian alumina supplies cut off by sanctions, but Chinese aluminium smelters need all the feedstock they can get and may be worried about secondary sanctions from the West, industry analysts say. Australia on Sunday imposed an immediate ban on exports to Russia of alumina and aluminium ores, including bauxite, in response to Moscow's invasion of Ukraine. The move squeezes Russian aluminium giant Rusal, the world's No.2 producer outside China. It gets about 19% of its alumina from Australia's Queensland Aluminium (QAL), in which it holds a 20% stake. Graphic: Australia's ban on alumina exports to Russia tightens the raw materials screw on Rusal: https://fingfx.thomsonreuters.com/gfx/ While there is no concrete evidence that Russia is seeking Chinese alumina supplies, analysts say close ties, proximity and the size of the Chinese market make it a logical option. China, the top global aluminium producer, is likely to step in and absorb Australian alumina exports that had previously headed to Russia and could then potentially on-sell supplies, said Wood Mackenzie senior manager Uday Patel. "Chinese firms could buy alumina from QAL and then sell back to Rusal," Patel told Reuters. "(China) could also sell some of its domestic production, but note that alumina demand in China is also increasing this year as Chinese smelters lift output after all the power constraint issues in 2021." QAL and Anglo-Australian mining giant Rio Tinto (NYSE:RIO), which owns 80%, did not respond to requests for comment about what would happen to the alumina exports meant for Russia and if they were receiving requests from Chinese companies. Rusal could not be reached for comment but said previously it was evaluating the effects of the Australian move. ANZ analyst Soni Kumari agreed China's domestic demand would constrain what it can do for Russia. "Russia could turn to China, but the country does not have enough export surplus given their requirement to feed domestic smelters," she said. "Further, Chinese exporters would be cautious too due to fear of secondary sanctions." Washington has warned China against taking advantage of business opportunities created by sanctions and helping Moscow evade export controls or process its banned financial transactions. Kazakhstan could step up to help offset Russian shortages, Kumari said, while other suppliers could include Brazil, Jamaica and Guinea. 'PARIAH STATE' China has refused to condemn Russia's action in Ukraine or call it an invasion. Beijing has also opposed economic sanctions on Russia, which it says are unilateral and are not authorised by the U.N. Security Council. "Russia is its key ally but at the same time China doesn't want the stigma of being seen as a pariah state for helping Russia," said Patel. He said there was talk in the market of some tonnages of alumina booked to be shipped from China to Russia via eastern Russian ports. Reuters could not independently verify any additional alumina shipments or planned shipments to Russia from China. China exported 7,967 tonnes of alumina in the first two months of this year of which 698.6 tonnes went to Russia, according to Chinese customs data. Last year, its alumina exports were at 119,891 tonnes, with 1,822 tonnes going to Russia. The loss of Australian supplies is not the only issue for Rusal, which supplies about 6% of global aluminium. Among Rusal's other major alumina suppliers, the Nikolaev refinery in Ukraine with a capacity of 1.75 million tonnes a year, is out of commission because of the conflict. There are also supply chain issues at Rusal's 2 million tonnes a year Aughinish alumina refinery in Ireland, WoodMac said. European nations and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb 24 in what it calls a "special military operation". The sanctions and ongoing conflict, along with supply constraints caused by the pandemic, have pressured commodities markets and triggered record price hikes. [MET/L] Aluminium is a key metal due to its use across sectors from auto, aerospace, packaging, machinery and construction sectors to production of military equipment and ammunition. " onerror="this.style.display='none'" class="msg-img" />

77 Replies 15 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@Marcosx #ivtrades
recently

time take some RIO off

46 Replies 9 ๐Ÿ‘ 10 ๐Ÿ”ฅ

profile
@marketjay #marketassasins
recently

RIOT cut .80 (gave back early morning profits (currently sideways, awaiting EU news)

75 Replies 10 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@marketjay #marketassasins
recently

RIOT 03/18 15 put .82

44 Replies 7 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@Marcosx #ivtrades
recently

snagged chunky divi in RIO

100 Replies 15 ๐Ÿ‘ 9 ๐Ÿ”ฅ

SA
@SacSteve #ivtrades
recently

$RIO Downgrade at Citigroup. putting a bit of pressure on it.

136 Replies 10 ๐Ÿ‘ 7 ๐Ÿ”ฅ

profile
@Marcosx #ivtrades
recently

$RIO in a buy zone

75 Replies 9 ๐Ÿ‘ 7 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

2 Mil $RIO @ 84

135 Replies 7 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@Marcosx #ivtrades
recently

I like $RIO but broad market is questionable

108 Replies 6 ๐Ÿ‘ 12 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto https://www.coindesk.com/policy/2022/01/27/rio-official-explains-why-city-is-putting-1-of-its-treasury-reserves-into-crypto/

141 Replies 14 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@PeterBecker #robertrother
recently

Rio ist ja mehr ein Mischkonzern

89 Replies 9 ๐Ÿ‘ 11 ๐Ÿ”ฅ

NI
@Nico4579621 #robertrother
recently

oh, Rio tinto ist gefรคhrlich, denen wurde ja jetzt ein groรŸes Projekt verboten

94 Replies 9 ๐Ÿ‘ 13 ๐Ÿ”ฅ

JA
@JanHaack #robertrother
recently

hast du bei rohstoffen was bestimmtes im auge ich hab rio tinto die sind aber gut heiรŸ gelaufen im moment

112 Replies 15 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

that RIO play I shouted out now good for 200%

77 Replies 13 ๐Ÿ‘ 6 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin https://www.coindesk.com/podcasts/the-breakdown-with-nlw/rio-de-janeiro-is-giving-people-a-10-discount-to-pay-taxes-in-bitcoin/

123 Replies 7 ๐Ÿ‘ 6 ๐Ÿ”ฅ

profile
@Andrzej #decarolis
recently

https://www.coindesk.com/business/2022/01/14/rio-de-janeiro-to-allocate-1-of-treasury-reserves-to-crypto-report/

91 Replies 13 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@NoobBot #Crypto4Noobs
recently

Rio De Janeiro to Allocate 1% of Treasury Reserves to Bitcoin: Report https://www.coindesk.com/business/2022/01/14/rio-de-janeiro-to-allocate-1-of-treasury-reserves-to-bitcoin-report/

127 Replies 8 ๐Ÿ‘ 12 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

but this Rio though

61 Replies 15 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

ME LIKEY > @dros said: 1250 $RIO FEB2022 $75 Cs trade 1.65

76 Replies 9 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

1250 $RIO FEB2022 $75 Cs trade 1.65

128 Replies 12 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

1250 $RIO FEB2022 $75 Cs trade 1.65

58 Replies 10 ๐Ÿ‘ 7 ๐Ÿ”ฅ

profile
@mzx9 #droscrew
recently

or Rio de Janeiro

98 Replies 7 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@DaveDixon #CoreTrader
recently

UK Market Finishing in the green yesterday, amid gains in mining sector stocks and positive earnings outlook. Ferguson climbed 5.9%, after the company lifted its annual outlook. Rio Tinto advanced 4.8%, after a top broker upgraded its rating on the stock to โ€˜Holdโ€™ from โ€˜Sellโ€™. Ashtead Group added 3.9%, after the company raised its full year profit forecast and increased its dividend payout. PageGroup edged up 3.8%, as the company increased its profit targets for the third time in six months. British American Tobacco rose 1.0%, after the company reiterated its annual profit and sales guidance. On the other hand, AstraZeneca dropped 1.7%, after a top broker downgraded its rating on the stock to โ€˜Holdโ€™ from โ€˜Buyโ€™. Babcock International Group fell 1.0%, even though the company reported a rise in its interim profits. The FTSE 100 advanced 1.5%, to close at 7,339.9, while the FTSE 250 rose 1.6%, to end at 23,238.2. European Market Weโ€™re higher yesterday, amid easing worries about the impact of the Omicron variant on global economic recovery. Nordex climbed 6.0%, after the company received a 47MW turbine order for a wind project in Sweden from WPD. WorldLine advanced 2.3%, following news that Eurobank agreed to sell 80% of its merchant acquiring business to the payments firm. Symrise added 1.7%, after the supplier of fragrances, flavors, food, nutrition and cosmetic ingredients announced that it has signed a deal for purchasing Giraffe Foods Inc. based in Mississauga, Ontario, Canada. ABB rose 1.3%, after the engineering company raised its sales and profitability targets, citing higher demand. The FTSEurofirst 300 index gained 2.4%, to settle at 1,862.3. The German DAX Xetra rose 2.8%, to settle at 15,813.9, while the French CAC-40 added 2.9%, to close at 7,065.4. US Market Also closed higher yesterday, amid gains in technology sector stocks and as concerns over the Omicron variant eased. Acadia Pharmaceuticals jumped 9.9%, after the company announced positive results in a late-stage trial of its experimental drug for Rett Syndrome. Mimecast climbed 5.9%, after the cybersecurity company agreed to be acquired by Permira for a consideration of around $5.8 billion. Jack In The Box advanced 5.8%, after a top broker upgraded its rating on the stock to โ€˜Buyโ€™ from โ€˜Holdโ€™. GlaxoSmithKline rose 1.5%, after the company indicated that preclinical studies showed its antibody therapy for Covid-19, sotrovimab, developed in partnership with Vir Biotechnology is effective against the Omicron variant. American Airlines Group slid 0.2%, after the companyโ€™s Chief Executive Officer, Doug Parker, announced his resignation with effect from 31 March but would remain as Chairman. The S&P 500 gained 2.1%, to settle at 4,686.8. The DJIA rose 1.4%, to settle at 35,719.4, while the NASDAQ added 3%, to close at 15,686.9. Asian Markets Weโ€™re trading mostly higher this morning. In Japan, Nitto Denko and Nintendo have advanced 3.4% and 3.5%, respectively. Meanwhile, Taiheiyo Cement and Fujikura have fallen 1.7% and 1.9%, respectively. In Hong Kong, Hang Seng Bank and Alibaba Health Information Technology have dropped 1.0% and 1.5%, respectively. Meanwhile, Shenzhou International Group Holdings and Longfor Group Holdings have added 1.4% and 1.7%, respectively. In South Korea, Dongwon Systems and Dae Young Packaging climbed 7.0% and 8.3%, respectively. Meanwhile, SC Engineering and ISU Chemical have declined 3.6% and 3.7%, respectively. The Nikkei 225 index is trading 1.4% higher at 28,866.4. The Hang Seng index is trading 0.1% down at 23,954.9, while the Kospi index is trading 0.9% higher at 3,018.6.

78 Replies 15 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@DaveDixon #CoreTrader
recently

UK Market Lower yesterday, as the British Pound strengthened, following upbeat UK jobs data. Genuit Group dropped 5.8%, after the plastic pip maker forecasted that its operating margins would be lower in the second half of the year due to inflationary pressures. Premier Foods fell 4.4%, after the food manufacturer reported a drop in its pretax profit in the first half of 2022. Rio Tinto slid 1.3%, after the company announced an investment in a European battery technology and manufacturing company, Inobat Auto. On the other hand, Vodafone Group advanced 4.8%, as the company raised its earnings and cash flow outlook, after reporting an upbeat performance in the first half of the year. Diageo rose 1.2%, after the beverage company forecasted its organic operating profits to grow for 2023 to 2025. The FTSE 100 slipped 0.3%, to close at 7,327.0, while the FTSE 250 fell 0.4%, to end at 23,539.7. . Europe Market Closed higher yesterday, amid strong corporate earnings report. Prosus advanced 4.2%, after the company issued an upbeat profit forecast for the first half of 2022. Nordex rose 4.1%, after the company won a contract from Enerjisa Uretim to supply and install twelve N163/5.X turbines for the 68.4 MW Erciyes wind farm. Capgemini edged up 0.1%, after the company announced that it has acquired Empired Limited (EPD) for a consideration of about A$233 million. On the flipside, Danone fell 1.8%, after the company announced that it would sell its Water and Beverage business, Aqua d'Or in Denmark. Bouygues shed 1.3%, even though the company reiterated its annual outlook, after reporting an increase in its nine-month net profit. The FTSEurofirst 300 index gained 0.2%, to close at 1,893.4. Among other European markets, the German DAX Xetra 30 rose 0.6%, to close at 16,247.9, while the French CAC-40 advanced 0.3%, to settle at 7,152.6. . US Market Also closed higher yesterday, following stronger than expected US retail sales. Peloton Interactive jumped 15.5%, after the home fitness company announced that it launched a public offering worth $1.0 billion of common stock. Autoliv climbed 6.1%, after the company issued an upbeat outlook and announced a share repurchase program of up to $1.5 billion over the next three years. Home Depot advanced 5.7%, after the retailer reported higher than expected revenue and earnings in the third quarter. On the other hand, Robinhood Markets dropped 3.1%, after a top broker downgraded its rating on the stock to โ€˜Neutralโ€™ from โ€˜Buyโ€™. Walmart fell 2.6%, even though the retail giant lifted its annual guidance and reported stronger than expected third quarter revenue and earnings. The S&P 500 gained 0.4%, to settle at 4,700.9. The DJIA rose 0.2%, to settle at 36,142.2, while the NASDAQ advanced 0.8%, to close at 15,973.9. . Asia Market Are trading lower this morning, following dismal Japanese exports data. In Japan, Nikon and Hino Motors have dropped 2.6% and 4.4%, respectively. Meanwhile, CyberAgent and Sumco have advanced 2.6% and 3.5%, respectively. In Hong Kong, WH Group and Sands China have fallen 1.5% and 1.8%, respectively. Meanwhile, PetroChina and AAC Technologies Holdings have risen 0.8% and 1.2%, respectively. In South Korea, KISWIRE and Century have declined 6.7% and 14.0%, respectively. Meanwhile, Doosan and Dreamtech have climbed 5.8% and 7.3%, respectively. The Nikkei 225 index is trading 0.4% lower at 29,697.1. The Hang Seng index is trading 0.5% down at 25,595.2, while the Kospi index is trading 1.0% lower at 2,967.2.

52 Replies 8 ๐Ÿ‘ 11 ๐Ÿ”ฅ

profile
@DaveDixon #CoreTrader
recently

UK Market Finished mixed yesterday, as losses in mining stocks were offset by gains in consumer staple stocks. Trustpilot declined 12.8%, after its shareholders sold around 41 million shares at 345.0p. Hammerson dropped 4.1%, even though the company reported an improvement in its fourth quarter rent collection. Rio Tinto fell 3.3%. The miner raised its capital spending plans for next year and announced a $7.5 billion plan to reduce carbon emissions by 50% by 2030. Crest Nicholson Holdings slid 0.1%. The housebuilder raised its growth targets. On the other hand, Deliveroo advanced 3.8%, after the company raised its annual growth forecast. Shaftesbury rose 1.3%, after the property group announced that its footfall and occupancy levels were improving. The FTSE 100 advanced 0.1%, to close at 7,223.1, while the FTSE 250 fell 0.4%, to end at 22,966.7. . Europe Market Closed higher yesterday, amid continued optimism around upbeat corporate earnings results. Nestle advanced 2.7%, after the company reported an increase in its sales for the first nine months of the year and raised its annual guidance for organic sales growth. On the other hand, ASML Holding declined 3.8%, after the chip equipment makerโ€™s third quarter revenue came in below analystsโ€™ expectations. Bachem Holding dropped 2.7%, after the company announced a capital raise of CHF584 million through the placement of 750,000 new shares. Akzo Nobel fell 1.3%, after the paints and coatings maker reported a drop in its third quarter profit. Kering slid 0.6%, amid slower sales growth at its biggest brand, Gucci. The FTSEurofirst 300 index gained 0.3%, to settle at 1,821.2. Among other European markets, the German DAX Xetra slightly rose to settle at 15,522.9, while the French CAC-40 added 0.5%, to close at 6,705.6. . US Market Also closed higher yesterday, amid strong US corporate earnings reports Pinterest rallied 12.8%, following reports that PayPal is in talks to acquire the company. Anthem climbed 7.7%, after the company reported higher than expected revenue and earnings in the third quarter. Ford Motor advanced 4.0%, after a top broker upgraded its rating on the stock to โ€˜Outperformโ€™ from โ€˜Neutralโ€™. Abbott Laboratories climbed 3.3%, after the company raised its full-year profit forecast. Bank of New York Mellon added 2.9%, as the companyโ€™s third quarter revenue and earnings came in above analystsโ€™ forecast. On the flipside, Novavax plunged 14.8%, after the drugmaker announced that it is facing challenges to meet regulatorsโ€™ quality standards for its Covid vaccine. The S&P 500 gained 0.4%, to settle at 4,536.2. The DJIA rose 0.4%, to settle at 35,609.3, while the NASDAQ marginally fell to close at 15,121.7. Asia Market Markets in Asia are trading mostly higher this morning. In Japan, Kyowa Kirin and Shiseido have dropped 2.5% and 2.6%, respectively. Meanwhile, Showa Denko and Tosoh have added 1.1% and 1.3%, respectively. In Hong Kong, CNOOC and CK Infrastructure Holdings have advanced 1.2% and 2.1%, respectively. Meanwhile, Hong Kong Exchanges & Clearing and Budweiser Brewing have dropped 1.6% and 2.2%, respectively. In South Korea, Hyundai Doosan Infracore and E Investment & Development have climbed 7.0% and 7.9%, respectively. Meanwhile, Hannong Chemicals and Solus Advanced Materials have declined 6.7% and 7.5%, respectively. The Nikkei 225 index is trading 0.3% lower at 29,161.7. The Hang Seng index is trading 0.1% up at 26,167.9, while the Kospi index is trading 0.2% higher at 3,019.6.

142 Replies 11 ๐Ÿ‘ 15 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

1170 $RIO NOV2021 $67.5 Cs trade 2.15

111 Replies 9 ๐Ÿ‘ 9 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

not a bad bet there if RIO can hold these levels on this little gap down

97 Replies 13 ๐Ÿ‘ 6 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

1170 $RIO NOV2021 $67.5 Cs trade 2.15

127 Replies 7 ๐Ÿ‘ 15 ๐Ÿ”ฅ

profile
@dros #droscrew
recently

Upgrades 10/20: $CLW $F $HAL $IEX $TEL $TMO $WTI . Downgrades 10/20: $ARRY $APO $ASND $AVIR $BBL $BHP $CMP $FSLR $GRTX $KSU $MU $NFLX $QRVO $RIO $SEDG $SHLS $SYF $VALE $WDC $WLTW $WU $ZTO

121 Replies 11 ๐Ÿ‘ 7 ๐Ÿ”ฅ

RA
@rainerhahn #robertrother
recently

Rio Tinto ist einfach eine Geile Dividendenrakete. Da kann man jetzt nach meiner Meinung auch nachlegen. Aber ist es ein konjunkturelles Unternehmen, das in schwachen Phasen auch Probleme haben kann. Dennoch auf langfristiger Sicht: kein Problem

99 Replies 10 ๐Ÿ‘ 12 ๐Ÿ”ฅ

RA
@rainerhahn #robertrother
recently

Rio Tinto ist SUPER! Danke fรผr die Idee. Sehr gute Idee

69 Replies 9 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@kulle8t8 #robertrother
recently

Hallo Reiner, was hรคltst du von Rio Tinto?

61 Replies 11 ๐Ÿ‘ 12 ๐Ÿ”ฅ

TR
@trademaster #TradeHouses
recently

By Tom Westbrook and Anushka Trivedi SINGAPORE (Reuters) - Asian stocks struggled to shake off contagion fears on Tuesday and selling pressure persisted amid concern that troubles at indebted developer China Evergrande could ripple across the world economy, markets and financial system. Hong Kong's Hang Seng hit a fresh 11-month low and was down 0.3% by midsession, with a early gains in banks and property stocks paring a little. Japan's Nikkei returned from a market holiday with a drop of almost 2%. (T) Currency, commodity and bond markets steadied, but overall demand for riskier assets remained low especially as the Federal Reserve is expected to step closer to tapering on Wednesday. European futures rose 0.5% in the Asia session. FTSE futures advanced 0.7% and S&P 500 futures climbed 0.6% a day after selling hit banks on both sides of the Atlantic and tipped the S&P 500 to its steepest fall in two months. "For markets to bounce we need to see concrete actions from the authorities to stem any wide spread contagion," said Dave Wang, a portfolio manager at Nuvest Capital in Singapore. Though China is on holiday, and mainland markets closed, there was little evidence of that yet, with no mention of Evergrande's troubles in major Chinese state media. Evergrande, struggling for cash, owes $305 billion and investors are on edge at the risk a messy failure reverberates through China's property sector and everything exposed to it - primarily banks and then the broader economy. China's yuan steadied in offshore trade to recoup some of the losses that sent it to a three-week low on Monday. Evergrande shares fell 4% as focus there shifts to Thursday when the company is due to make bond interest payments. Australia's stock market was also barely better than flat as iron ore miners BHP and Rio Tinto (NYSE:RIO) scraped from nine-month troughs plumbed on Monday. Copper hovered near a one-month low on demand fears. [MET/L] "There is market caution," said George Boubouras, head of research, at K2 Asset Management in Melbourne. "However the profit and earnings cycle is far from a bear market," he said. "Evergrande is a sentiment issue, no doubt. But no Lehman event ... it will be addressed, bailed out or restructured if it becomes a notable mainland China problem." FED WATCH The next few days present yet more tests, with the Federal Reserve concluding a two-day meeting on Wednesday and likely to offer some guidance on the tapering outlook and with Evergrande due to meet its bond interest payments on Thursday. In the currency market, traders took solace from the relative calm in Hong Kong after Monday's plunge. The euro traded at $1.1730, after having touched a near-one-month low of $1.1700 while the safe-haven yen slipped to 109.57 yen to the dollar. The 10-year U.S. Treasury yield crept up to 1.3277%, with moves capped as markets have an eye to the Fed. Investors are looking for the tapering timeline on its bond purchases as well as its board members' long-term rates and economic projections. "I think the Fed will calm things down and I guess defer their tapering decision till November, said Jarrod Kerr, chief economist at Kiwibank. This week will also see policy decisions from many other central banks spanning Brazil, Britain, Hungary, Indonesia, Japan, Norway, the Philippines, South Africa, Sweden, Switzerland, Taiwan and Turkey. Oil prices also rebounded a tad in Asia after falling the previous day. U.S. crude futures traded at $70.98 per barrel. [O/R] Wobbling cryptocurrencies also found a floor, with bitcoin bouncing from a 1 1/2-month low of $40,193 to trade just shy of $43,000. (Additional reporting and writing by Tom Westbrook; Editing by Shri Navaratnam and Ana Nicolaci da Costa)

100 Replies 10 ๐Ÿ‘ 13 ๐Ÿ”ฅ

profile
@DarkPoolAlgo #Dark Pool Charts
recently

@everyone Monday, September 20, 2021 Futures Up/Down % Last Dow -529.00 1.54% 33,933 S&P 500 -56.75 1.28% 4,365 Nasdaq -154.00 1.00% 15,172 U.S. indices are trading down over 1% in pre-market trading and touching their lowest levels in almost 2 months this morning as large Chinese real estate developer Evergrandeโ€™s debt crisis is weighing on Asian markets and several macroeconomic factors are making investors wary. The Federal Reserveโ€™s two-day September meeting begins tomorrow where they may lay out plans to begin tapering bond purchases and its quarterly dot plot will provide a forecast on when the central bankers expect to hike interest rates from their current levels of 0-0.25%. Additionally, the federal government is currently facing the threat of running out of money October 1 unless Congress raises the debt ceiling, and Treasury Secretary Janet Yellen wrote an op-ed in the Wall Street Journal over the weekend imploring Congress to raise it as the Treasury will exhaust its cash reserves and borrowing capacity sometime next month if no action is taken. Todayโ€™s move lower comes after the S&P closed below its 50-day moving average for the 1st time since June 18th on Friday with materials and technology companies struggling. Late Friday, an FDA panel decided not to recommend a booster for the Pfizer vaccine for people 16 years and older by a vote of 16-3 saying there was not enough data to determine the step-up effectiveness of the third shot. However, the panel unanimously approved a narrower vote of authorizing booster dose of Pfizer/BioNTech covid-19 vaccine at least 6 months after full vaccination for people 65 and older and those at high risk for severe disease (a narrower approval than markets were hoping for). The University of Michiganโ€™s preliminary sentiment index edged up in August, but buying conditions for household durables, homes and motor vehicles all fell to the lowest in decades due to complaints about high prices. The dollar rose while precious metals mostly fell, as gold posted a second straight weekly drop ahead of the FOMC meeting later this week. A potential hike in corporate taxes could eat into earnings also weigh on markets, with leading Democrats seeking to raise the top tax rate on corporations to 26.5% from the current 21%. In Asian markets, the Hang Seng Index is plunging 821 points while Tokyo and Shanghai markets are closed for holiday. In Europe, the German DAX is down 367 points and the FTSE 100 is lower by 118 points. Market Closing Prices Yesterday The S&P 500 Index dropped -40.76 points, or 0.91%, to 4,432.99 The Dow Jones Industrial Average fell -166.44 points, or 0.48%, to 34,584.88 The Nasdaq Composite sunk -137.96 points, or 0.91%, to 15,043.97 The Russell 2000 Index advanced 3.96 points, or 0.18% to 2,236.87 Events Calendar for Today 10:00 AM ET NAHB Housing Market Index for Sept Earnings Calendar: Earnings Before the Open: none Earnings After the Close: $LEN Other Key Events: European Society for Medical Oncology (ESMO) 2021 Virtual Congress, 9/16-9/21 Oppenheimer Fall Healthcare Life Sciences & MedTech Summit (virtual), 9/20-9/23 Roth Capital 8th Annual Solar Symposium (virtual), 9/20-9/23 Stephenโ€™s 11th Annual Bank Forum, in Little Rock, AR, 9/20-9/22 Macro Up/Down Last Nymex -1.49 70.33 Brent -1.29 74.05 Gold 8.10 1,759.50 EUR/USD -0.0012 1.1713 JPY/USD -0.42 109.53 10-Year Note -0.039 1.331% World News Chinese real estate developer Evergrande is facing a default on $150M in bond payments this week and officials have refused to commit any rescue cash to the countryโ€™s 2nd largest developer who currently has more than $310B in debt. Sector News Breakdown Consumer Barronโ€™s noted the sell-off in Wynn Resorts ($WYNN) and Las Vegas Sands ($LVS) the past couple of days amid jitters that the Macau government will impose more onerous concession, or licensing, agreements when they expire next year could be setting up a buying opportunity for investors who are patient and have a bankroll to withstand the unlucky streak S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators โ€“ Reuters Three investigators with the National Transportation Safety Board are traveling next week to Coral Gables, Florida to investigate a fatal accident in which a Tesla ($TSLA) Model 3 left the roadway and collided with a tree. NTSB officials say the investigation will focus on the operation of the vehicle and the post-crash fire that consumed the car Energy, Industrials and Materials Boeing ($BA) has been awarded a $1.62B indefinite-delivery/indefinite-quantity contract for missile guidance repair. BHP Group ($BHP), Rio Tinto ($RIO), Anglo American ($NGLOY), Glencore ($GLNCY), and Vale ($VALE) are in the best shape ever, Barronโ€™s reported for mining companies. Their shares, however, trade cheaply amid worries that the good times in industrial commodities are ending. For investors willing to accept some risk, the Big Five miners offer a rich opportunity Financials A senior U.S. trade official privately criticized Indiaโ€™s July decision to ban Mastercard Inc ($MA) from issuing new cards, calling it a โ€œdraconianโ€ move that caused โ€œpanicโ€, according to U.S. government emails seen by Reuters. Healthcare Astellas Pharma ($ALPMY) and Pfizer ($PFE) announced ahead of the European Society for Medical Oncology Congress 2021 that XTANDI improved overall survival in the ARCHES study in men with metastatic hormone-sensitive prostate cancer. Exelixis ($EXEL) announced that the U.S. FDA approved CABOMETYX for the treatment of adult and pediatric patients 12 years of age and older with locally advanced or metastatic differentiated thyroid cancer that has progressed following prior vascular endothelial growth factor receptor-targeted therapy and who are radioactive iodine-refractory or ineligible White House medical adviser Anthony Fauci said on Sunday that data needed to determine the advisability of booster shots of the Moderna Inc (MRNA) and Johnson & Johnson ($JNJ) COVID-19 vaccines is just weeks away Quidel ($QDEL) has been awarded a maximum $710.57M indefinite-delivery/indefinite-quantity contract for over-the-counter antigen test kits AstraZeneca ($AZN) reported updated Phase 3 trial results for Imfinzi that showed the drug combined with chemotherapy tripled patient survival at 3-year in extensive-stage small cell lung cancer Technology, Media & Telecom Brooks Automation ($BRKS) agreed to sell its semiconductor solutions group business to Thomas H. Lee Partners for $3B in cash and will no longer pursue a separation into 2 independent and publicly traded companies

106 Replies 13 ๐Ÿ‘ 14 ๐Ÿ”ฅ

profile
@DaveDixon #CoreTrader
recently

UK Markets Finished higher yesterday, helped by gains in travel and mining sector stocks. Marks & Spencer Group advanced 4.2%, after a top broker raised its target price on the stock to 200p from 195p per share. Rio Tinto added 3.0%, after the miner announced that it resumed its operations at Richards Bay Minerals in South Africa. Spectris rose 1.3%, after the instrumentations company announced that it would sell its NDC Technologies business to Nordson for a consideration of ยฃ130.0 million. PureTech Health edged up 1.2%, even though the company swung to an interim loss. On the flipside, NCC Group fell 3.3%, after a broker downgraded its rating on the stock to โ€˜Holdโ€™ from โ€˜Buyโ€™. John Wood Group slid 0.2%, after the company reported a decline in its revenue and profit in the first half of the year. The FTSE 100 advanced 0.2%, to close at 7,125.8, while the FTSE 250 rose 0.6%, to end at 23,886.0. . European Markets Finished mostly lower yesterday, as investors remained cautious due to rising cases of the Delta variant of the coronavirus in many countries. Novartis fell 1.7%, after the drug maker announced that its Kymriah CAR-T therapy failed to reach its primary endpoint of event-free survival in a phase III study. On the other hand, Bakkafrost rose 1.9%, after the salmon farmer reported upbeat results in the second quarter. Daimler added 1.3%, following news that German regulator, BaFin found no evidence to pursue an insider trading investigation against the carmaker. The FTSEurofirst 300 index marginally fell to close at 1,819.4. Among other European markets, the German DAX Xetra 30 rose 0.3%, to close at 15,905.9, while the French CAC-40 dropped 0.3%, to settle at 6,664.3. . US Markets Closed higher yesterday, led by gains in energy and travel sector stocks and amid hopes over quicker economic recovery. Palo Alto Networks surged 18.6%, after the cybersecurity company reported better than expected revenue and earnings in the fourth quarter. Best Buy climbed 8.3%, after the electronics retailer reported upbeat results in the second quarter and lifted its annual same store sales outlook. Cara Therapeutics advanced 4.2%, following news that the company received acceptance from the US Food and Drug Administration for its Korsuva injection. Medtronic rose 3.2%, after the medical device maker reported robust results in the first quarter and raised its full year earnings guidance. Cigna edged up 2.0%, after the insurance company announced a $2.0 billion stock repurchase agreement with Morgan Stanley and JP Morgan Chase Bank. The S&P 500 gained 0.2% to settle at 4,486.2. The DJIA rose 0.1% to settle at 35,366.3, while the NASDAQ added 0.5%, to close at 15,019.8. . Asian Markets Were trading lower this morning. In Japan, Denso and NEXON have advanced 2.2% and 2.6%, respectively. Meanwhile, Aeon and M3 have dropped 1.4% and 1.7%, respectively. In Hong Kong, MTR and China Construction Bank have fallen 1.3% and 1.4%, respectively. Meanwhile, WH Group and Meituan have risen 2.0% and 2.3%, respectively. In South Korea, NeXT Science and Inscobee have declined 5.0% and 7.0%, respectively. Meanwhile, DSR and Asiana IDT have climbed 8.8% and 9.4%, respectively. The Nikkei 225 index is trading marginally higher at 27,733.1. The Hang Seng index is trading 0.5% down at 25,593.0, while the Kospi index is trading 0.2% lower at 3,133.5.

74 Replies 13 ๐Ÿ‘ 10 ๐Ÿ”ฅ

TR
@trademaster #TradeHouses
recently

By Alun John and Tom Westbrook HONG KONG/SINGAPORE (Reuters) - Asian stocks slumped to their lowest levels this year and the dollar hit 10-month highs on Thursday as a double-whammy of worries about global growth and an end to central bank support drove nervous investors toward safety. Commodities were also sold with oil down for a sixth straight session and at three-month lows, while growth bellwether copper fell to a two-month trough. [O/R][MET/L] MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.5% to its lowest level since December. S&P 500 futures fell 0.1% and Euro STOXX 50 futures were off 0.63% by midway through the Asia day. "You can't find a bull out there," said Kay Van-Petersen, a global macro strategist at Saxo Capital Markets in Singapore. He said "an accumulation of things," from the spread of the Delta virus variant to a tech crackdown in China and the impression from Federal Reserve minutes that a slowdown in asset purchases looms was enough to sink fragile sentiment in Asia. The dollar rose 0.3% to $1.1665 per euro, hitting its highest since November 2020 along with the dollar index as the greenback made 2021 peaks on the Australian and New Zealand dollars. [FRX/] Selling pressure in stock markets extended from Chinese tech shares to semiconductors and miners. The Hang Seng tech index fell 1.8% to its lowest level since its launch last year. The broader Hang Seng dropped 1.6%. (HK) Alibaba (NYSE:BABA)'s Hong Kong shares fell to a record low. Chip giant TSMC fell 2% and had Taiwan's benchmark on course for its worst session since May, while tumbling iron ore prices pushed shares in global miners BHP and Rio Tinto (NYSE:RIO) to their lowest in months. The two miners look set for their worst weekly drops since the height of pandemic panic in markets last year, even after BHP reported its best profit in almost a decade on Tuesday. "The spreading Delta variant is pushing down economic growth," said Ayako Sera, market strategist at Sumitomo Mitsui (NYSE:SMFG) Trust Bank. "But on the other hand, in the grand scheme of things, the Federal Reserve and some other central banks are starting to remove stimulus they began to deal with the pandemic ... so the balance is tilting in the direction of risk-aversion." The CBOE Volatility index, also known as Wall Street's fear gauge, jumped 3.66 points to its highest level in about a month overnight and the S&P 500 index fell 1% to a two-week low. (N) Minutes from the Fed's July meeting published on Wednesday showed officials expect they could ease stimulus this year, though there was division over recovery in the labour market and the level of risk posed by new rises in cases. "The minutes show a Fed that is pretty split on most things, but recognises that we are getting much closer to the point of tapering," wrote ING analysts in a note. Focus now shifts to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps. U.S. Treasury yields held near recent lows in Asia. Benchmark 10-year notes were last at 1.2650% with growth wobbles driving demand for bonds. [US/] Oil extended losses into a sixth day on Thursday, falling to three-month lows. ANZ analysts said rising U.S. inventories had fuelled fears of weaker demand amid a spike in COVID-19 cases worldwide. [O/R] Brent crude was last down 1% at $67.54 a barrel, U.S. crude lost 1.2% to trade at $64.42 a barrel. The stronger dollar also dragged on gold, with the spot price dropping 0.55% to $1778.87. [GOL/]

121 Replies 10 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@marketjay #marketassasins
recently

Cut RIO @Donnieasoff

47 Replies 10 ๐Ÿ‘ 9 ๐Ÿ”ฅ

DO
@Donnieasoff #marketassasins
recently

fucking hell fuck $RIO

146 Replies 15 ๐Ÿ‘ 6 ๐Ÿ”ฅ

DO
@Donnieasoff #marketassasins
recently

I exited the position still have exposure to the space via $RIO and a core position in futures

84 Replies 10 ๐Ÿ‘ 8 ๐Ÿ”ฅ

profile
@marketjay #marketassasins
recently

Not too familiar with RIO, I ike that they're in the material sector

129 Replies 9 ๐Ÿ‘ 7 ๐Ÿ”ฅ

profile
@marketjay #marketassasins
recently

RIO show's history of gapping, only thing just check when they're dividend payment date is

105 Replies 6 ๐Ÿ‘ 15 ๐Ÿ”ฅ

DO
@Donnieasoff #marketassasins
recently

side not just entered a trade on $RIO targeting the September 91.5 strikes. both hgk1s and rio both sitting on support. if the dxy can trade down with bond yeilds rising and the hot CPI we've been getting RIO could boom

113 Replies 12 ๐Ÿ‘ 12 ๐Ÿ”ฅ

TR
@tradando #decarolis
recently

un po' come il titolo Leonardo prima e' caduto e poi si sta rialzando alla grande ahahah > @AntonioMangano said: Tamberi dopo il grave infortunio a Rio 2016, si รจ rialzato ed รจ tornato il piรน forte di tutti, nessuno lo dava per vincente, nessuno

143 Replies 15 ๐Ÿ‘ 15 ๐Ÿ”ฅ

Key Metrics

Market Cap

108.52 B

Beta

0.64

Avg. Volume

4.02 M

Shares Outstanding

1.25 B

Yield

14.24%

Public Float

0

Next Earnings Date

2022-07-27

Next Dividend Date

Company Information

CEO: Jean-Sebastien Jacques

Website:

HQ: 6 St Jamess Square, SW1Y 4AD London

Related News