US EditionWall Street Rallies Toward More Records as Gold's Price Slumps Again
The rally is fueled by expectations of Federal Reserve rate cuts, easing U.S.-China trade tensions, and strong profit forecasts for major U.S. companies, with the S&P 500 up 38% since April.
- Stocks are rising toward new records on Monday ahead of significant market-moving events for Wall Street.
- The S&P 500 has increased by 37.6% since hitting a low in April, amid concerns about Trump's tariffs on China and other countries.
- The Federal Reserve is expected to cut the federal funds rate by a quarter of a percentage point at its upcoming meeting on Wednesday.
93 Articles
93 Articles
Sydney Morning Herald
ASX falls as gold miners, CSL, WiseTech slump; Domino’s trims gains
The Australian sharemarket finished in the red on Tuesday, with steep falls in gold miners and some big companies outweighing solid gains by financial stocks and retailers.
LA Daily News
Wall Street rallies toward more records as gold’s price slumps again
By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are climbing toward more records on Monday ahead of a week packed with potentially market-moving events for Wall Street. The S&P 500 rose 1%. The Dow Jones Industrial Average was up 258 points, or 0.5%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 1.6% higher. All are adding to their latest all-time highs set on Friday. Stocks also rallied in Asia ahead of a meeting on Thursda…
Pittsburgh Post-Gazette
U.S. stocks rally toward more records ahead of pivotal week for Wall Street
NEW YORK — Stocks are climbing toward more records on Monday ahead of a week packed with potentially market-moving events for Wall Street. The...
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