US stocks rise on rate hopes as gold hits record high
Wednesday, 6 March 2024 US and European stock markets surged on Wednesday, while gold reached a record high of $2,150. The Federal Reserve's indication of potential rate cuts and the British government's pro-growth budget contributed to the positive market sentiment. The dollar weakened due to expectations of lower interest rates. Earlier in the week, US stocks had experienced a slight decline as investors secured profits ahead of Federal Reserve Chief Jerome Powell's congressional testimony.
In today's episode of the VRA Investing Podcast, Kip provides a comprehensive breakdown of the day's market activities, offering valuable insights on semiconductor stocks, the Nasdaq, the jobs report, gold market trends, and the latest developments in the world of bitcoin. With a...
Record Setting Gold Prices have analysts and investors wondeirng how high gold will go in 2024. Andrew Sorchini joins Mary Grace today to discuss current trends and how to take understand and navigate..
The Nasdaq Composite Index reached a new record high, driven by investor optimism towards artificial intelligence (AI) and its impact on stocks like Nvidia. The... IndiaTimes
Wednesday, 6 March 2024
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