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US Markets Wrap: Wall Street Rebounds & Gold Hits Record Highs
Published 8 months, 1 week ago
Description
After a rocky start to the week, US stocks surged as President Trump dropped plans for extra tariffs on European nations opposing his Greenland strategy. The S&P 500 and Nasdaq each climbed 1.2%, recovering from their biggest single-day declines since October. Meanwhile, gold extended its rally, surpassing $4,800 an ounce, as investors sought safety amid lingering trade tensions and global uncertainty. Mark Newton, Managing Director & Global Head of Technical Strategy, Fundstrat Global Advisors explores whether gold’s momentum can continue into 2026, as well as where investor flows are rotating to.
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