World Market News of the 10 October with FXOpen #stocks #sp500 #nasdaq #dowjones #fed #gold #nvda
☑️ A DOVISH FED IS DRIVING MARKETS. KEEP AN EYE OUT FOR ROADBLOCKS
The S&P 500 climbed % to close at 5,, a fresh record. Likewise, the Dow Jones Industrial Average finished the day at a new high of 42,, adding %.
The Nasdaq Composite rose 0.6%, fueled by technology stocks including Amazon, Apple and Super Micro Computer.
Nvidia shares have rallied 25% in the last month and are currently trading at $. That’s inches away from its record close of $.
Source: CNBC
☑️ GOLD TICKS UP, U.S. INFLATION DATA IN FOCUS
Gold prices nudged higher on Thursday, while traders await a key U.S. inflation data due later in the day to gauge the Federal Reserve’s future monetary policy stance.
Spot gold rose 0.2% to $2, per ounce by 0246 GMT, after easing for the previous six sessions. Prices scaled a record high last month. U.S. gold futures gained 0.2% at $2,.
Spot silver rose 0.3% to $, platinum adde