Benchmark indexes hovered near recent highs, precious metals plunged on profit taking, and U.S. Treasuries edged higher after the U.S. president nominated the next Fed Chair to succeed Jerome Powell.
Tech earnings reports dominated market sentiment on Wall Street, gold and silver continued to advance ahead of the possible federal government shutdown, and crude oil edged up as the U.S. prepares to conduct additional air strikes in Iran.
Tech and resource stocks continued to advance ahead of the Fed's rate decisions, and the federal government is barreling toward a partial shutdown this weekend.
With earnings in focus, investors react to corporate results, and elevated geopolitical tensions continue to power gold and silver to new record highs.
U.S. stocks traded sideways, Treasury yields retained an upward bias, and gold and silver continued to advance amid persistent geopolitical tensions and U.S. debt worries.
U.S. stocks struggled to advance on Friday in a tumultuous week of trading after the U.S. president was forced to back down from his military threats over Greenland. Gold and silver hovered near record highs.
Stocks on Wall Street rebounded after Trump walked back from his threats over Greenland, defusing the crisis for now. Technology stocks led the broader market rally.
Stock market indexes turned sharply lower across the Atlantic as the U.S. president threatened to escalate Greenland-linked tariffs to sky-high levels on France and the UK.
After a hectic week of trading, Wall Street indexes are set to close down amid earnings optimism, stretched valuations, and the chaotic Trump administration's trade policy.
The S&P 500 Index and the Nasdaq Composite eased after the U.S. president renewed attacks on the Federal Reserve and Fed Chair, stoking fears of a global exodus from the U.S. dollar-denominated assets. Gold and silver staged fresh record highs.
Wall Street mood soured after the U.S. president launched a direct attack on the independence of the Federal Reserve and stepped up his campaign of threats and intimidation.
