The US stock market closed Thursday's trading lower. At closing time on the New York Stock Exchange, the Dow Jones index fell 0.34%, the S&P 500 index fell 0.40%, and the NASDAQ Composite index fell 0.34%. Treasury 10-year yields increased 3 basis points to 4.33%. Gold futures fell 0.20% to $3382. Crude oil Brent futures rose 1.24% to $67.67. Of the 11 S&P sectors 8 ended in the red. Consumer Defensive was the weakest, while Energy topped the gainers.
Germans Learn to Love Stocks After Hoarding Cash for Decades. Money was rarely the issue. Germans are among the most disciplined savers in the world. The problem was, in a country where the scars of hyperinflation still run deep, the appetite for risk was never there, and so equity ownership remained a fraction of the levels seen in other developed countries. But now, as the German stock market booms for a third year, racking up gains of more than 20% in 2025, the tide finally appears to be turning. More than 3 million Germans have begun investing in stocks since 2022, the biggest increase in Europe after Britain, a BlackRock Inc. survey found.
The new “gold rush” is catching up with drug trafficking in terms of scale. Illegal gold mining brings criminal groups billions of dollars, destroys lives, and harms ecosystems. According to SwissAid estimates, in Africa alone, 435 tons of illegal gold worth $31 billion were exported in 2022 — twice as much as ten years ago. In Peru, the region's largest producer, over 40% of gold exports in 2024 were illegal.
Prosecutors step in after Chinese investor faces barriers in Khorgos. the Chinese company International Castle, which planned to build a «City of Craftsmen» in the special economic zone (SEZ) Khorgos for 7 billion tenge ($13 million), faced mistreatment. As a result, the investor was unable to obtain registration in the SEZ once its contract expired. However, after the Prosecutor General’s Office intervened, all restrictions were lifted from the company, and the illegally charged payments were canceled.