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By A.I.
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- Stocks: President Trump said there’s a “50/50 chance” of a deal with the EU ahead of next week’s deadline. Investors decided they like those odds, and pushed the NASDAQ and S&P 500 to yet another new closing record high—in fact, the S&P 500 set a new record every day this week. Meanwhile, trade deal talks with Brazil have reportedly stalled.
- Commodities: Oil fell to a three-week low today as Iran signaled a willingness to come to the negotiating table with European powers for nuclear talks.
- Hopes of trade deals and less need for a safe haven investment pushed gold prices lower.
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Filed under: "Ask-an-Advisor", business, CMP Program, economics, finance, Financial Planning, Funding Basics, Portfolio Management | Tagged: brazil, CMP, commodities, EU, European Union, gold, NASDAQ, oil, S&P 500, stocks, tariffs, Trump |
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