U.S. stocks and gold all surged! Dow nears 41,000 Gold rises above $2,470
Hawk News
2024-07-17 17:52:46
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Local time on July 16, the U.S. stock market after the opening of the Dow Jones index all the way wildly, the highest intraday surge of 777 points approaching 41,000 points, a new intraday record high.
As of the close of the Dow soared 1.85%, has risen for 5 days the S&P 500 index rose 0.64%, are refreshed the highest record of the history of the closing, the Nasdaq rose 0.2%.
At the same time the price of gold also continued to rise, July 17, as of press release spot gold short pull up! Rising above $2470 / ounce to create a new record high.
Market analysis said the Dow, the main reason for the surge in gold prices is the market for the Federal Reserve in September rate cuts are expected to heat up. Traders predicted that the Federal Reserve September interest rate cut possibility of 100%!
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