[Chart courtesy of MarketWatch.com] Stocks came roaring back Monday after President Trump toned down his tariff threats and struck a much calmer tone on China, saying trade relations “will all be fine”. His comments helped reverse much of Friday’s steep selloff when fears of a renewed trade war wiped out roughly $2 trillion in market value. Tech stocks were the …
Gold And Silver Lose Record Gains Amid Dollar Rally
[Chart courtesy of MarketWatch.com] The markets got off to a hot start, with the S&P 500 and Nasdaq hitting fresh all-time intraday highs early on, but things fizzled as the session wore on and all three major indexes slipped into the red by the close—though some late dip buying helped trim those midday losses. On the bright side, Costco’s stock …
S&P 500, Nasdaq Set Records As Gold Rockets Past $4,000
[Chart courtesy of MarketWatch.com] Stocks started off strong Wednesday, bouncing back after Oracle’s stumble yesterday snapped the S&P 500’s seven-day winning streak and sparked fresh questions about how long the artificial intelligence boom can last. Nvidia shares climbed 2% after CEO Jensen Huang said computing demand has jumped sharply—especially over the past six months—helping overshadow Oracle’s warning about thin margins …
Bitcoin Blasts Past $121K As Wall Street Shrugs Off Shutdown Worries
[Chart courtesy of MarketWatch.com] It was another quiet start for the markets, with traders mostly brushing off worries about the U.S. government shutdown, now in its second day. The Nasdaq nudged up 0.39%, hitting a fresh intraday high thanks to Nvidia, which continues to attract heavy investment and reached its own record high. Yesterday’s gains across the major indexes were …
Data Delays, Shutdown, And Gold Rush Shape Early October
[Chart courtesy of MarketWatch.com] Stocks got off to a shaky start as the latest U.S. government shutdown brought uncertainty to Wall Street, with traders focused on how long the funding gap might last—and what it could mean for the economy. The shutdown, triggered by a breakdown in Senate talks over a temporary spending bill, spotlights key issues like healthcare tax …
Precious Metals Shine In A Standout Month For Gold And Silver
[Chart courtesy of MarketWatch.com] Equites spent most of the day underwater as Wall Street braced for a possible government shutdown, but late-day buying helped the major indexes squeeze out a green close and cap off a better-than-usual September. Unlike most years, the market sidestepped the usual seasonal weakness—even as headlines warned that this time a shutdown might trigger more volatility, …