US Stock Market Sees Gains as Gold Prices Surge Following Fed Minutes

Reported about 16 hours ago

US stocks rallied on Wednesday with the Nasdaq Composite reaching above 23,000 for the first time, while the S&P 500 rose by 0.6%. This upswing followed the Federal Reserve's minutes indicating potential further rate cuts amid ongoing market uncertainties due to a government shutdown and AI market concerns. Gold futures continued their record-breaking rise, exceeding $4,060 per ounce, as investors sought safe-haven assets.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis