Latest news with #XLB
Yahoo
5 days ago
- Business
- Yahoo
Stock Market News for Jun 4, 2025
U.S. stocks closed higher on Tuesday, driven by a chipmaker rally, as investors awaited more clarity on potential trade deals between the United States and its trading partners. All three major indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.5% or 214.16 points, to end at 42,519.64 points. The S&P 500 gained 0.6% or 34.43 points to close at 5,970.37 points. Materials and tech stocks were the biggest gainers. The Materials Select Sector SPDR (XLB) gained 1%, while the Technology Select Sector SPDR (XLK) rose 1.5%. The Industrials Select Sector SPDR (XLI) added 0.8%. Eight of the 11 sectors of the benchmark index ended in positive territory. The tech-heavy Nasdaq jumped 0.8%, or 156.34 points, to finish at 19,398.96 points. The fear-gauge CBOE Volatility Index (VIX) was down 3.65% to 17.69. Advancers outnumbered decliners on the NYSE by a 2.32-to-1 ratio. On Nasdaq, a 2.07-to-1 ratio favored advancing issues. A total of 15.69 billion shares were traded on Tuesday, lower than the last 20-session average of 17.8 billion. Chip stocks rallied on Tuesday, led by NVIDIA Corporation (NVDA). Shares of the artificial intelligence darling ended 2.8% higher on Tuesday, surpassing Microsoft Corporation (MSFT) in market capitalization for the first time this year. Shares of other chipmakers like Micron Technology, Inc. (MU) and Broadcom Inc. (AVGO) also jumped 4.2% and 3.3%, respectively. NVIDIA has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Investors are also optimistic about the United States reaching more trade deals with partner nations. The White House said on Monday that President Donald Trump and Chinese President Xi Jinping will meet this week after Trump accused Beijing of violating a temporary trade agreement. The Trump administration also wants other countries to come up with their best offers by Wednesday so that trade negotiations and accelerate before the temporary 90-day pause comes to an end. Meanwhile, the Organization for Economic Co-operation and Development cut its U.S. growth outlook to 1.6% this year from the earlier forecast of 2.2%. Tariff uncertainty was the key reason cited by the OECD to cut the forecast. In the first major jobs report set released this week, the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, showed job openings increased in April. The report showed that 1.03 job openings for every unemployed person. Job openings rose 191,000 to 7.391 million in April, slightly up from March. However, layoffs hit a nine-month high in April. Layoffs rose 196,000, the largest since July, but still a low of 1.786 million. In other economic data, factory orders declined 3.7% in April after an unrevised 3.4% jump in March, the Commerce Department reported. However, factory orders increased 2% year over year in April. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Vancouver Sun
09-05-2025
- Business
- Vancouver Sun
Canada's first Din Tai Fung restaurant in Vancouver is worthy of the hype
Where: 1132 Alberni St., Vancouver When: Monday-Sunday, 11 a.m. to 9 p.m. Info: 778-508-6638 and It may be only the first week of full service, but Din Tai Fung in Vancouver is already operating like a well-oiled machine. Soft opened a few weeks prior to its May 5 grand opening date, the expansive eatery — 16,412 square feet and some 311 seats kind of expansive — the Taiwanese restaurant appears full steam ahead on operations. Located on the upstairs level of 1132 Alberni St., diners are greeted at a check-in desk for both reservations and walk-ins. Parties then receive a double-sided menu sheet and a red Din Tai Fung-branded pen while they wait to be seated by a host. Discover the best of B.C.'s recipes, restaurants and wine. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of West Coast Table will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Din Tai Fung (or DTF to foodie fans) offers a selection of appetizers, dumplings, noodles, wontons and more. 'Our menu is all about consistency, quality, and handcrafted excellence,' says Jessica Chao, VP of Brand Marketing of Din Tai Fung North America. 'DTF's culinary approach is all about harmony in flavours and spotlighting quality ingredients.' But it's the famous Xiao Long Bao that most people come to eat. Xiao Long Bao, or XLB to regulars, are plump soup dumplings made individually by hand. The steamed dumplings feature a thin wrapper of dough with a soupy filling featuring premium Kurobuta pork. Each dumpling is closed at the top with precise pleats. At Din Tai Fung, that approach features a 'signature Golden Ratio' and exactly 18 folds. 'Our Xiao Long Bao is the heart of Din Tai Fung and the perfect expression of precision and artistry,' says Chao. 'What makes them so special is the meticulous care that goes into every step.' Each Xiao Long Bao weighs in at 21 grams for a perfect balance of dough, filling and broth. 'It's an art and science process that takes months to master, and the result is a dumpling that's both beautiful and delicious every time — an experience that keeps guests coming back again and again,' Chao explains. Born in Taipei as a family‑run restaurant in 1958, the popular eatery has since expanded to include several locations including London, Dubai and New York. The new Vancouver restaurant is its first in Canada. Visiting during lunch service, the spacious restaurant was buzzing. Through the dining rooms and heated patio, few empty tables could be seen. And it didn't take long into our lunch service to understand why. This restaurant is seriously efficient. As parties arrived and departed around us, tables were bused and reset for the next guests almost instantly. Din Tai Fung is clearly a restaurant that can cater to busy business lunches, family outings and lingering Instagram foodies alike. Moments after sitting down, we were greeted by our smiling server who explained the paper ordering sheet we'd been given upon arrival. Laminated menu cards were also available for a more thorough description of each dish. After placing our order — Din Tai Fung's menu is meant to be shared, so dishes are served family style — the food arrived quickly. We started our meal with the Cucumber Salad appetizer ($9.50), which featured Persian cucumbers combined with fresh garlic and mild Fresno chili peppers. The cucumbers are tossed with sesame oil and a signature Din Tai Fung chili oil. Salty, crunchy, oily and with a slight hint of spice, it was a fresh start to the meal. A nearby table ordered the Sweet & Sour Pork Baby Back Ribs, which looked like a deliciously sticky serving of sauce-covered meat. That'll be on the must-try appetizer list for next time. The famous Kurobuta Pork Xiao Long Bao ($19.50 for 10) came next, arriving in a bamboo steamer basket. Towers of similar baskets could be seen travelling around the restaurant as eagerly awaiting diners received their fresh-from-the-kitchen soup dumplings, steamed buns and more. Sometimes, when you hear about a restaurant's best-known dish it fails to live up to its promise. That's not the case with these Xiao Long Bao. They are as good as anticipated, if not better. Warm and soft, the dumplings burst open with a gingery broth and savoury pork. The suggested soy sauce/vinegar mix, punctuated with a haystack bundle of thinly sliced ginger, was nice but by no means necessary, as the flavour of the Xiao Long Bao more than stand up alone. It required little stretch of the stomach to share the basket of 10 between two diners. Shifting to noodles next, we ordered the thin, housemade egg noodles with sesame sauce ($14). Arriving as a nest of soft, stringy noodles in a slippery signature chili oil, the tangle came topped with crushed roasted peanuts and sliced scallions. The creamy sesame sauce had a kick of spice that countered the oiliness. Next time, I'll try another noodle dish. The Chicken Spicy Wontons ($18 for 8) were slippery and saucy with a nice, subtle meaty flavour and a not-too-spicy heat. Delicious in their own right, it would be hard for any dumpling or wonton to follow the XLB. Our table fairly fought over the last pillowy XLB, opting to pack most of these wontons up to enjoy later. The restaurant offers a variety of vegan-friendly dishes including Vegan Spicy Wontons ($18 for 8), Vegan Buns ($11 for 2), and more. There's also a robust selection of greens such as Bok Choy with Scallion-infused Oil ($17) and String Beans with Garlic ($18). We skipped them this time around (more room for dumplings), but will try on a future visit. The drinks menu includes a range of milk teas, iced teas, honey lemonade and more (boba is optional) along with soft drinks and sparkling water. A selection of alcoholic beverages including beer, wine and cocktails are also available. A top tip at Din Tai Fung is to save some room for dessert. The Chocolate & Mochi Xiao Long Bao ($12.50) is divine. For true chocolate fans, the dish sees a chocolate truffle wrapped in a thin skin of mochi. We followed the recommendation of our server and got the salted cream on the side 'It's my favourite!' she exclaimed. The pillowy pockets of warm chocolate burst in your mouth, and the sea salt cream dip added an extra, subtly salty richness. So very, very good. Aharris@
Vancouver Sun
09-05-2025
- Business
- Vancouver Sun
Canada's first Din Tai Fung in Vancouver is worthy of the hype
Where: 1132 Alberni St., Vancouver When: Monday-Sunday, 11 a.m. to 9 p.m. Info: 778-508-6638 and It may be only the first week of full service, but Din Tai Fung in Vancouver is already operating like a well-oiled machine. Soft opened a few weeks prior to its May 5 grand opening date, the expansive eatery — 16,412 square feet and some 311 seats kind of expansive — the Taiwanese restaurant appears full steam ahead on operations. Located on the upstairs level of 1132 Alberni St., diners are greeted at a check-in desk for both reservations and walk-ins. Parties then receive a double-sided menu sheet and a red Din Tai Fung-branded pen while they wait to be seated by a host. Discover the best of B.C.'s recipes, restaurants and wine. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of West Coast Table will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Din Tai Fung (or DTF to foodie fans) offers a selection of appetizers, dumplings, noodles, wontons and more. 'Our menu is all about consistency, quality, and handcrafted excellence,' says Jessica Chao, VP of Brand Marketing of Din Tai Fung North America. 'DTF's culinary approach is all about harmony in flavours and spotlighting quality ingredients.' But it's the famous Xiao Long Bao that most people come to eat. Xiao Long Bao, or XLB to regulars, are plump soup dumplings made individually by hand. The steamed dumplings feature a thin wrapper of dough with a soupy filling featuring premium Kurobuta pork that's closed at the top with precise pleats. At Din Tai Fung, that approach features a 'signature Golden Ratio' and exactly 18 folds. 'Our Xiao Long Bao is the heart of Din Tai Fung and the perfect expression of precision and artistry,' says Chao. 'What makes them so special is the meticulous care that goes into every step.' Each Xiao Long Bao weighs in at 21 grams for a perfect balance of dough, filling and broth. 'It's an art and science process that takes months to master, and the result is a dumpling that's both beautiful and delicious every time — an experience that keeps guests coming back again and again,' Chao explains. Born in Taipei as a family‑run restaurant in 1958, the popular eatery has since expanded to include locations in London, Dubai and New York. The new Vancouver restaurant is its first in Canada. Visiting during lunch service, the spacious restaurant was buzzing. Through the dining rooms and heated patio, few empty tables could be seen. And it didn't take long into our lunch service to understand why. This restaurant is seriously efficient. As parties arrived and departed around us, tables were bused and reset for the next guests almost instantly. Din Tai Fung is clearly a restaurant that can cater to busy business lunches, family outings and lingering Instagram foodies alike. Moments after sitting down, we were greeted by our smiling server who explained the paper ordering sheet we'd been given. Laminated menu cards were also available for a more thorough description of each dish. After placing our order — Din Tai Fung's menu is meant to be shared, so dishes are served family style — the food arrived quickly. We started our meal with the Cucumber Salad appetizer ($9.50), which featured Persian cucumbers combined with fresh garlic and mild Fresno chili peppers. The cucumbers are tossed with sesame oil and a signature Din Tai Fung chili oil. Salty, crunchy, oily and with a slight hint of spice, it was a fresh start to the meal. A nearby table ordered the Sweet & Sour Pork Baby Back Ribs, which looked like a deliciously sticky serving of sauce-covered meat. That'll be on the must-try appetizer list for next time. The famous Kurobuta Pork Xiao Long Bao ($19.50 for 10) came next, arriving in a bamboo steamer basket. Towers of similar baskets could be seen travelling around the restaurant as eagerly awaiting diners received their fresh-from-the-kitchen soup dumpling, steamed buns and dumplings. Sometimes, when you hear about a restaurant's best-known dish it fails to live up to its promise. That's not the case with these Xiao Long Bao. They are as good as anticipated, if not better. Warm and soft, the dumplings burst open with a gingery broth and savoury pork. The suggested soy sauce/vinegar mix, punctuated with a haystack bundle of thinly sliced ginger, was nice but by no means necessary, as the flavour of the Xiao Long Bao more than stand up alone. It required little stretch of the stomach to share the basket of ten between two diners. Shifting to noodles next, we ordered the thin, housemade egg noodles with sesame sauce ($14). Arriving as a nest of soft, stringy noodles in a slippery signature chili oil, the tangle came topped with crushed roasted peanuts and sliced scallions. The creamy sesame sauce had a kick of spice that countered the oiliness. Next time, I'll try another noodle dish. The Chicken Spicy Wontons ($18 for 8) were slippery and saucy with a nice, subtle meaty flavour and a not-too-spicy heat. Delicious in their own right, it would be hard for any dumpling or wonton to follow the XLB. Our table fairly fought over the last pillowy XLB, opting to pack these wontons up to enjoy later. The restaurant offers a variety of vegan-friendly dishes including Vegan Spicy Wontons ($18 for 8), Vegan Buns ($11 for 2), and more. There's also a robust selection of greens such as Bok Choy with Scallion-infused Oil ($17) and String Beans with Garlic ($18). We skipped them this time around (more room for dumplings), but will try on a future visit. The drinks menu includes a range of milk teas, iced teas, honey lemonade and more (boba is optional) along with soft drinks and sparkling water. A selection of alcoholic beverages including beer, wine and cocktails are is available. A top tip is to save some room for dessert. The Chocolate & Mochi Xiao Long Bao ($12.50) is divine. For true chocolate fans, the dish sees a chocolate truffle wrapped in a thin skin of mochi. We followed the recommendation of our server and got the salted cream on the side 'It's my favourite!' she exclaimed. The pillowy pockets of warm chocolate burst in your mouth, and the sea salt cream dip added an extra, subtly salty richness. So very, very good. Aharris@
Globe and Mail
02-04-2025
- Business
- Globe and Mail
Gold Investors Take a Pause for Breath on Fears That Liberation Day Could Lead to Price Retreat
Gold investors in ETFs such as the VanEck Gold Miners (GDX) are steeling themselves today to find out whether President Trump's Liberation Day tariffs announcement will take the shine off their precious metal. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Gold Price Caution Gold prices have rocketed in recent weeks with the spot price hitting a new all-time high of around $3,149.00 per ounce on Tuesday, April 1. It is up 19% in the year to date driven by investors flocking to it as a safe haven in a time of great economic uncertainty – thanks to fears over a global tariffs-led trade war – and geopolitical tension from Ukraine, to the Middle East and Taiwan. It's benefited ETFs such as the GDX which is up 35% so far this year and the SPDR Gold Shares ETF (GLD) which is up nearly 19%. Gold mining stocks like Barrick Gold (GOLD) have also prospered. However, caution is the golden word today as President Trump gets set to make his big Liberation Day announcement on tariffs. The spot gold price in early trading was largely unmoved at $3,124 with both the GDX and GLD flat. Is the Rally Over? Kathleen Brooks, research director at XLB, said the peak may have been reached. 'Gold is the ultimate tariff trade but the gold price faces a big test ahead,' she said. 'If U.S. stock markets start to rally after the tariff announcement is out of the way, can the gold price continue to rally?' She believes that the rally in the gold price is linked to U.S. economic policy uncertainty and once this starts to recede 'the gold price could follow.' But, arguably, tariffs aren't the sole driver. The expectations of interest rate cuts, return of higher inflation, central banks bulking up on the metal and the strong demand for ETFs like GDX and GLD could help keep the gold price prospering. Also, is it really likely that given Trump's character and previous behavior that a 'line in the sand' will be drawn today? The President is a well-known 'flip-flopper' with announcements – even perhaps to his own surprise – emerging when least expected. A prolonged trade war is also likely to ease any uncertainty in investors' minds. It's why analysts such as those at Bank of America have raised their gold price average forecasts for both this year and next. It expects gold to soar to a record $3,350 in 2026. The President will make his announcement on tariffs at 4pm EST today. Is the GDX ETF a Buy? Most Wall Street analysts don't offer ratings or price targets on the GDX, so we will look at its three month performance instead. As one can see in the chart below it has risen 29.60% over the last 12 weeks.
Yahoo
21-03-2025
- Business
- Yahoo
North Portland dumpling spot XLB will permanently shutter in April
PORTLAND, Ore. () — One of Portland's go-to Chinese restaurants will call it quits next month. In a social media post shared on Thursday evening, XLB revealed that it will permanently shutter its last remaining location on Apr. 20. Gabriel Iglesias stand-up, 'Dancing With the Stars' live among Portland weekend events 'This decision was not made lightly, and we are incredibly grateful for the support, laughter, and memories we've shared with all of you over the years,' Chef and Co-owner Linh Tran . 'Serving this community delicious Chinese comfort food has been an honor, and we cannot thank you enough for being part of our journey. Whether you stopped in for a quick bite, became a beloved regular, or celebrated milestones and holidays, we appreciate every moment.' Tran co-owns the restaurant with Jasper Shen, who previously founded Aviary alongside his wife Kat Whitehead and late Portland chef Sarah Pliner in 2011. Shen then averted his focus to the opening of XLB's location on 4090 N Williams Ave. in 2017. Aviary closed later in 2020, about six months after XLB expanded with a second restaurant in the Leland James building on Northwest Raleigh Street and 21st Avenue. The Slabtown shop closed in 2021 so the owners could focus on their flagship location. XLB, with its name as an abbreviation for xiao long bao, is known for the soup dumplings and other Chinese dishes like Shanghai pork and shrimp noodles and popcorn chicken. The restaurant endured the opening of major dumpling chains Dough Zone and Din Tai Fung, which came to Portland in April 2022 and September 2023, respectively. Multiple cougar sightings reported near Beaverton shopping center Tran did not provide a reason for XLB's closure, but invited customers to visit the eatery one last time before it shuts down. 'Until then, from the bottom of our hearts — thank you for your support, kindness, and love,' the co-owner said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
