U S stocks open higher after CPI data release shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.
Gold prices rose to a near one-week high on Tuesday as the dollar faltered and expectations firmed that a massive US fiscal stimulus to revive the world's largest economy will soon be passed. Spot gold rose 0.6% to $1,841.11 per ounce by 0304 GMT, having hit $1,842.30 earlier in the session, its highest since Feb. 3. US gold futures gained 0.4% to $1,841.70.
The S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares and kept the overall market near record highs.
As small businesses across the nation have been suffocated by overreaching shutdown regulations from their Democrat state and local leaders, “closed for business” has become a new norm for the American people.
Gold gains as dollar extends slide, stimulus hopes firm arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.