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Futures Rise as Grim Jobs Data Spur Stimulus Bets: Markets Wrap

Stocks Hit Record as Biden Calls for More Stimulus: Markets Wrap Bloomberg 1/8/2021 Rita Nazareth and Kamaron Leach (Bloomberg) Stocks climbed to all-time highs after President-elect Joe Biden said he’ll lay out the details of trillions of dollars in further aid to revive the world’s largest economy. The S&P 500 notched its fourth straight day of gains, led by retailers and real-estate companies. The Nasdaq 100 outperformed, with Tesla Inc. surging for an 11th consecutive session. Meanwhile, the KBW Bank Index halted a rally that drove the gauge up more than 10% in three days. Miners joined a selloff in gold and silver. The dollar rose.

Gold sags on yields, U S dollar; silver tumbles most since September

Gold sags on yields, U.S. dollar; silver tumbles most since September Eddie Spence, Bloomberg News A one-ounce Britannia gold coin sits on one hundred gram gold bars at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Gold held its ground after a record-setting rally as investors awaited the outcome of a Federal Reserve meeting amid expectations policy makers will remain dovish, potentially spurring more gains. Photographer: Chris Ratcliffe/Bloomberg , Bloomberg Security Not Found Gold dropped below US$1,900 an ounce as technical selling took over after an earlier recovery in the dollar and Treasury yields sent prices tumbling. Silver tumbled the most since September.

Stocks Rebound on Stimulus Outlook; Dollar Gains: Markets Wrap

Stocks Rebound on Stimulus Outlook; Dollar Gains: Markets Wrap
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Stocks Rise in Volatile Session Amid Economic Bets: Markets Wrap

Stocks Rise in Volatile Session Amid Economic Bets: Markets Wrap
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