US Stocks Rise as Gold Nears All-Time High Amid Russia-Ukraine Peace Talks

Reported about 21 hours ago

US stocks climbed and gold prices hovered around $3,000 per ounce on Monday following mixed economic data and the upcoming discussions between President Trump and President Putin regarding a potential cease-fire in the Ukraine conflict. The positive market sentiment was bolstered by hopes for reduced geopolitical uncertainty, even as weaker retail sales data indicated less inflationary pressure. European markets also performed well, with investors anticipating the outcomes of the peace talks that could affect energy costs.

Source: YAHOO

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