Reported 1 day ago
Global equities gained on August 7, 2025, with a notable rise in European shares led by banking stocks, while U.S. gold futures hit a record due to uncertainty over tariff impacts. Investors are optimistic about potential U.S. interest rate cuts and the possibility of a Russia-Ukraine ceasefire, despite ongoing economic challenges posed by new tariffs. The Dow Jones and S&P 500 both saw increases, while worries surrounding the economic impact of tariffs linger.
Source: YAHOO