VALE S.A. (VALE) Declines More Than Market: Some Information for Investors
Vale Says Routine Tailings Dam Inspection Found Surface Cracks
World's Top Miners Set for Hit From Sharp Slump in Industrial Activity, Deutsche Bank Says
U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
Jefferies Maintains Vale SA(VALE.US) With Buy Rating, Cuts Target Price to $14
Jefferies analyst Chris LaFemina maintains $Vale SA(VALE.US)$ with a buy rating, and adjusts the target price from $16 to $14.According to TipRanks data, the analyst has a success rate of 45.1% and
New Buy Rating for Vale SA (VALE), the Basic Materials Giant