Gold Price
Stocks Extend AI-Fueled Drop After PPI; Oil Jumps: Markets Wrap
The final stretch of a turbulent Wall Street month is ending with losses in stocks as inflation data reinforced bets the Federal Reserve won’t cut rates any time soon, while geopolitical risks lifted bonds as oil jumped. Gold topped $5,200.
The final stretch of a turbulent Wall Street month is ending with losses in stocks as inflation data reinforced bets the Federal Reserve won’t cut rates any time soon, while geopolitical risks lifted bonds as oil jumped. Gold topped $5,200.
Topics: goldinflationfederal reserveoil