Gold, silver price on May 6: Yellow metal sees a dip. Here's what's causing it
Market uncertainty surrounding the interest rate cycle and potential cuts ahead contributed to the downward pressure on gold prices.
Source: businesstoday.in
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The Fed's Path Ahead is Murky—Here Are 3 Things Chair Jerome Powell Is Certain About
The Fed left interest rates unchanged Wednesday, leaving consumers and investors wondering whether an interest rate cut is still on the horizon? Chair Jerome Powell hinted at the outlook at a press conference.
Source: investopedia.com
S&P 500, Nasdaq Futures Signal Rebound Today: What's Driving Stock Futures Higher? - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Cautious optimism hangs in the air on Thursday morning as index futures traded up moderately in early hours.
Source: benzinga.com
Bulls Not Giving Up
After a hawkish comment by a Fed Governor, $SPX has fallen back into its support zone. The bullish conditions are waning, but only a close below 5050 would be truly bearish.
Source: forbes.com
Watch Live: Fed Chair Powell Says "Too Soon" To Claim Victory Over Inflation; Highlight's Fed 'Independence'
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com