Reported about 12 hours ago
On Wednesday, US stocks surged, with the S&P 500 and Nasdaq reaching record highs, while gold continued its ascent, surpassing $4,000 per ounce. The market reactions followed the release of the Federal Reserve's minutes suggesting potential interest rate cuts for the remainder of 2025, amidst ongoing concerns about a federal government shutdown affecting key economic data. Despite some caution regarding AI investments and market bubbles, investor sentiment remained optimistic.
Source: YAHOO