The stock market was jolted lower amid new jobs data Tuesday. With recession fears rising, gold stocks popped as treasury yields tumbled.
The Nasdaq composite ended the day 0.5% lower. Still, it remains down less than 1% for the week and is clear of its major moving averages after a bullish, three-week run. A…
The post Stock Market Jolted As Recession Fears Rise; Steel Melts But This Gold Stock Shines appeared first on Investor’s Business Daily.
Via SchiffGold.com, After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another net 77 tons to their […]
The stock market expressed mild fear on Tuesday. All of the key indexes fell ahead of another critical inflation report due before the open on Wednesday. Yet the day’s relatively broad decline did not change […]
The stock market disapproved of the Fed’s move on interest rates and Chair Jerome Powell’s comments as stocks sold off into the close. The market soured after Powell said rate cuts should not be expected. […]
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