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By A.I. and Staff Reporters
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- Stocks: Markets slowed along yesterday with the S&P 500 and NASDAQ buoyed after a pivotal antitrust ruling for Alphabet pushed big tech stocks higher across the board.
- Bonds: The 30-year Treasury pushed 5% yesterday as traders fret about the Fed’s independence and the odds of interest rate cuts.
- Commodities: Oil sank on reports that OPEC+ is contemplating increasing its crude output next month, while gold reached yet another new record high as uncertainty swirling around the future of tariffs continued to rise. JPMorgan analysts now think the precious metal could climb as high as $4,250 by the end of next year.
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Filed under: "Ask-an-Advisor", economics, Financial Planning, Funding Basics, Investing, Portfolio Management | Tagged: Alphabet, bonds, commodities, Federal Reserve, FOMC, gold, google, JPMorgan, NASDAQ, oil, OPEC, Powell, S&P 500, stocks |
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