[Chart courtesy of MarketWatch.com] Early gains helped the S&P 500 and Nasdaq return to positive territory for the year, although both are still trailing gold’s performance by over 23%. Nvidia boosted the Nasdaq with a 7% rise in early trading, while the Dow remained in the red. Sentiment remains positive following yesterday’s surge, with traders pleased that Trump secured more …
Equities Rally On Productive U.S.-China Trade Talks
[Chart courtesy of MarketWatch.com] Equities surged at the opening following news that the U.S. and China agreed to temporarily slash tariffs after weekend negotiations in Switzerland. Treasury Secretary Bessent described the talks as “very productive,” with both parties agreeing to cut reciprocal tariffs by 115% for nine days. Specifically, this means the U.S. will reduce Chinese tariffs to 30%, while …
Bitcoin And Crude Oil Join Bullish Sentiment, Gold Retreats
[Chart courtesy of MarketWatch.com] Equities advanced this morning, buoyed by Trump’s announcement of a finalized trade deal between the U.S. and the United Kingdom. “It’s a full and comprehensive one,” he elaborated, “which will cement the relationship between our countries for many years to come.” Tech shares received a boost from news that the current administration will rescind the Biden-era …
Gold Glows Amid Market Uncertainty; Bitcoin Recovers
[Chart courtesy of MarketWatch.com] Equities started the day on a downward trend as traders eagerly awaited the Fed’s policy decision tomorrow. They were also tracking global news for any signs of progress on potential trade deals. Tech giants Nvidia and Meta, along with Tesla, saw declines. Tesla’s new car sales in Britain and Germany fell to their lowest levels in …
Gold Shines Amid Market Selloff And Mixed Economic Data
[Chart courtesy of MarketWatch.com] The markets pulled back early in the session as hopes for new trade deals diminished following President Trump’s announcement of surprise levies on movies made outside the U.S. He elaborated on negotiations with various countries, emphasizing that he is setting the terms of any agreement. Additionally, he made it clear that there are no plans to …
Gold And Bitcoin Shine Amid April’s Market Volatility
[Chart courtesy of MarketWatch.com] An early stumble interrupted April’s comeback rally as bad news about the U.S. economy pulled the markets down. First-quarter GDP declined by 0.3%, a sharp reversal from the 2.4% increase in the fourth quarter. The Commerce Department report also showed a slowdown in consumer spending and a decline in government spending, the latter being a result …