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Record Highs

All articles tagged with #record highs

Stocks Rally to Fresh Highs as Powell Investigation Casts a Cautionary Shadow
business1 month ago

Stocks Rally to Fresh Highs as Powell Investigation Casts a Cautionary Shadow

U.S. stock indexes closed at or near records with the S&P 500 and Dow hitting new highs as tech and consumer shares led gains, even as Fed Chair Powell faces a criminal probe that injects caution into markets. Gold and silver surged to record-like levels amid a weaker dollar, while Alphabet’s market-cap milestone followed Apple’s plan to use Google’s Gemini for AI features, Walmart joined the Nasdaq-100, and a wave of earnings and 52-week highs underscored ongoing market activity.

Market Rally Continues Amid Tame Inflation and Tech Earnings
business4 months ago

Market Rally Continues Amid Tame Inflation and Tech Earnings

The stock market has continued to rally to new highs despite geopolitical and economic concerns, driven by strong corporate earnings, expectations of interest rate cuts, and enthusiasm for AI. Analysts remain optimistic but cautious, noting the market's high valuations and potential risks from a weakening labor market and US-China trade tensions. The rally may persist through the end of the year, with some experts seeing further gains despite inherent risks.

Gold's Record-Breaking Rally Signals Economic Uncertainty
markets4 months ago

Gold's Record-Breaking Rally Signals Economic Uncertainty

Gold prices have surged to new record highs, driven by fears of inflation, geopolitical instability, and economic uncertainty, making it a key hedge alongside the stock market's record peaks. Despite a positive correlation in recent times, gold is traditionally seen as a low-correlation asset, and its rise reflects concerns over fiscal stability and dollar de-dollarization. Market analysts warn of potential corrections as both gold and stocks appear overbought amid ongoing global and domestic uncertainties.