U.S. ADP in Focus: Gold Near $4,500, Stocks at Record Highs
From atfx.com
U.S. equities closed higher on Tuesday, with chip stocks rallying strongly amid renewed optimism about artificial intelligence (AI). Moderna surged, and the Dow Jones Industrial Average closed at a fresh all-time high. The Dow gained 0.99%, the S&P 500 rose 0.6%, and the Nasdaq added 0.65%. The U.S. Dollar Index advanced 0.19% to 98.57, while EUR/USD fell 0.26% to 1.169. Gold extended its rally, supported by safe-haven demand after the U.S. arrest of Venezuela’s president heightened global geopolitical tensions. Investors remained cautious ahead of key U.S. labor market data for clues on the Federal Reserve’s ...
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