U.S. futures slipped and precious metals tumbled Monday as traders weighed Friday’s strong employment data that fueled expectations the Federal Reserve will move closer to pulling back stimulus. Asian stocks were mixed.
Gold slumped to the lowest since March as the prospect of higher rates makes bullion less attractive relative to other assets. Silver dropped to its lowest since November. Crude oil extended last week’s decline -- its worst since October -- on concern the delta virus strain will hamper demand growth. Commodity currencies like the Australian dollar underperformed.
https://ift.tt/3jDH8FQ
Business
Bagikan Berita Ini
Related Posts :
Bitcoin Eyes Longest Winning Streak in 2021 Amid Crypto Rebound - Yahoo Finance- Stocks making the biggest moves premarket: McDonald's, Boeing, Pfizer, Spotify and more - CNBC
- Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors - CNBC
- International investor concerns mount over China's tech rout - Reuters
- Dow Jones Futures: Apple, Microsoft, Google, AMD Earnings In Focus; Fed Meeting To Drive Market Rally After Leaders Slump - Investor's Business Daily
0 Response to "Stock Market Today: Dow, S&P Live Updates for Aug 9 - Bloomberg"
Post a Comment