Gold Price Tumbles Again While S&P 500 Hits New Record On China Trade Deal Optimism
Tech giants Tesla, Alphabet, and Nvidia led the S&P 500 to a 1.2% rise amid trade deal optimism while gold dropped over 3%, marking its fifth decline in six sessions.
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8 Articles
For the second consecutive session, the three Wall Street indexes played more ximos: Dow Jones won 0.71%, Nasdaq 1.86% and S&P 500 1.23%.
For the first time, the S&P 500 closed above the 6,800 mark - Rally in technology stocks led by the Magnificent Seven - Investors are optimistic about another interest rate cut by the Fed on Wednesday
Why Is AngloGold Stock Sinking Today?
Key PointsGold and silver prices fell after President Trump said he was optimistic a deal would be reached with China. When gold prices fall, AngloGold's stock price often falls by significantly more. 10 stocks we like better than AngloGold Ashanti Plc › Shares of AngloGold Ashanti Plc (NYSE: AU) are falling on Monday, down 5.4% as of 3:26 p.m. ET. The move comes as the S&P 500 and the Nasdaq Composite gained 1% and 1.6%, respectively. The gold …
Stock market closes with new highs after US, China reach a framework in trade deal
The S&P 500 climbed 1.23% to 6,875.16, marking the first time it's ever closed above 6,800 points. The Nasdaq Composite rose 1.86% to 23,637.46, and the Dow Jones Industrial Average jumped 337.47 points to 47,544.59.
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