Closing Recap U.S. stocks finished broadly lower, extending their pullback from record highs as investors grew cautious amid a prolonged government shutdown, hawkish Fedspeak, and signs of political turmoil in Europe; the dollar surged on safe-haven demand, while gold plunged from its all-time highs. In the currency markets, the U.S. dollar surged for the fourth…
Closing Recap U.S. stocks finished broadly higher, with the S&P 500 and Nasdaq notching new record highs, as dovish FOMC minutes solidified hopes for more Fed rate cuts and offset concerns from a prolonged government shutdown; gold surged to another all-time high, oil rallied, and the U.S. dollar weakened. In the currency markets, the U.S.…
Closing Recap U.S. stocks finished broadly lower, extending yesterday’s pullback as a new wave of risk aversion hit markets, driven by a hawkish surprise from the RBNZ, political turmoil in France, and the ongoing U.S. government shutdown; gold surged to a new record, while the dollar firmed and Treasury yields were little changed. In the…
Closing Recap The party on Wall Street continues, and the music is only getting louder. U.S. stocks surged to new all-time highs, led by a powerful rally in technology after a landmark OpenAI/AMD deal, as markets continued to shrug off a U.S. government shutdown; gold hit another record, oil gained, while the dollar was mixed…
Closing Recap U.S. stock futures indicate a higher open as markets digest a weekend of significant political change in Japan and ongoing U.S. government shutdown drama; the Japanese Yen plunged after a pro-stimulus candidate won the LDP leadership race, while gold is hitting new all-time highs and oil is firm. In the currency markets, the…
Closing Recap U.S. stocks finished broadly higher, with the S&P 500 and Nasdaq grinding to new records in another quiet «melt-up» session, as investors shrugged off a government shutdown and focused on strong momentum in the AI space; gold pulled back from all-time highs, oil prices plunged, and the dollar was on the defensive. In…
Closing Recap U.S. stocks finished broadly higher, with the S&P 500 and Nasdaq notching new record highs as a surprisingly weak private payrolls report fueled aggressive Fed rate cut bets, allowing investors to shrug off the start of a government shutdown; gold surged to another record high, while oil and the dollar fell. In the…
Closing Recap U.S. stocks finished broadly lower as the official start of a partial government shutdown overshadowed recent market optimism, leading to concerns about potential economic data delays; gold surged to another record high on safe-haven demand, while oil prices plunged and the dollar weakened further. In the currency markets, the U.S. dollar fell for…
Closing Recap U.S. stocks finished broadly higher in a quiet session, with technology leading the charge as investors awaited key jobs data and monitored the looming threat of a government shutdown; gold surged to another all-time high, while oil prices plunged nearly 4% on supply concerns. In the currency markets, the U.S. dollar remained subdued…
Closing Recap U.S. stocks finished broadly higher, shrugging off new tariff announcements as in-line inflation data solidified hopes for continued Federal Reserve rate cuts; gold stocks and utilities rallied, while Treasury yields rose on a quiet day for bonds. In the currency markets, the U.S. dollar weakened as investors exercised caution ahead of a potential…
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