World Market News of the 5 March with FXOpen #sp500 #nasdaq #goldprice #fed #interestratehikes
Stock Futures Slip after Nasdaq Composite Retreats from Record
US stock futures ticked lower Tuesday after the Nasdaq Composite
retreated from its record high.
Futures tied to the Dow Jones Industrial Average dropped 77 points, or 0.2%. S&P 500 futures inched down 0.2%, while Nasdaq-100 futures
fell roughly 0.4%.
During Monday’s main trading session, the S&P 500 dropped %, and the tech-forward Nasdaq Composite slipped %. This came on the back of the two indexes’ record closing highs on Friday. The Dow also slipped nearly 98 points, or %.
Source: CNBC
Gold Rises above $2,100 to Highest Level Ever
Gold futures for April settled at $2, per ounce, the highest level dating back to the contract’s creation in 1974.
When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according to Peter Boockvar, chief investment officer at Bleakley Financial Group.
“We’re still a ways away, which then also points to the p
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