No records for the Dow and S&P. Nasdaq and Russell 2000 have record closes

Modest changes for the major indices The Nasdaq and Russell 2000 both closed at record levels, but the S&P and Dow could not hold onto gains and are closing lower (and not at records).  All were only modest gains or losses.   The final numbers are showing: S&P index -4.33 points or -0.11% at 3911.26 NASDAQ […]

Continue Reading

US House has easily passed the COVID $2000 check bill, as promised

The bill to boost checks to $ 2000 instead of the current $ 600 has easily passed the House of Representatives in Congress. Earlier: It was fast-tracked with a majority of more than two thirds in the House. It now heads to the Senate where McConnell has not yet even committed to taking the bill […]

Continue Reading

Gold Rebounds Above $2,000 Amid Escalating U.S.-China Tensions

© Reuters. Gold Rebounds Above $ 2,000 Amid Escalating U.S.-China Tensions (Bloomberg) — climbed back above $ 2,000 an ounce as renewed tensions between the U.S. and China boosted demand for haven assets, and the dollar weakened. The Trump administration announced further curbs on Huawei Technologies Co. aimed at cutting its access to commercially available […]

Continue Reading

Gold Bulls Back in Control as Race for $2,000 Continues

By Barani Krishnan Investing.com – One day — that’s all the bears in gold could manage in keeping gold prices down as the yellow metal bounced back Friday from a brief selloff across markets forced by the shock collapse of U.S. gross domestic product in the second quarter. “Gold mania continues and after tentatively clearing […]

Continue Reading

Gold eyes $2,000 mark in speedy record-breaking run

By Arpan Varghese and Peter Hobson LONDON/BENGALURU (Reuters) – Gold’s record rally is moving tantalisingly close to the psychologically key $ 2,000 level, powered by investors seeking cover from COVID-19’s global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China trade tensions. prices have surged 53% in the last 14 months, blowing past […]

Continue Reading