George Glover

2 days ago | barrons.com | Connor Smith |Karishma Vanjani |George Glover |Bill Alpert

The Stock Market Isn't Out of the Woods Yet Surging stocks on Monday added an exclamation point to the market’s rally off its lows in April, but that doesn’t mean Wall Street is out of the woods yet. The S&P 500, up 3.1% on Monday, was still down 0.9% since the end of 2024, while the Dow, up 2.6% today, was down 0.5% on the year. The Nasdaq, which has surged more than 20% from its April lows and is up 4.2% today, is still down 3.3% on the year.

2 days ago | sg.news.yahoo.com | George Glover

Gold Prices Tumble as U.S.-China Tariff Deal Drives Investors Away From Safe HavensThe price of gold was tumbling on Monday after the U.S. and China announced a deal to cut tariffs on each other's goods, causing investors to pivot to risk-on assets. Futures prices dropped 3.7% to $3,219 per Troy ounce in early trading, putting the precious metal at its lowest level in a month.

2 days ago | finance.yahoo.com | George Glover

The price of gold was tumbling on Monday after the U.S. and China announced a deal to cut tariffs on each other's goods, causing investors to pivot to risk-on assets. Futures prices dropped 3.7% to $3,219 per Troy ounce in early trading, putting the precious metal at its lowest level in a month.

2 days ago | finance.yahoo.com | George Glover

Oil prices were surging on Monday after the U.S. and China brokered a deal to pause most tariffs on each other's goods for the next 90 days. The Brent international benchmark gained 3.1% to trade at just under $66 a barrel, and West Texas Intermediate U.S. crude prices were up 3.3% to above $63 a barrel. Prices were surging after Washington and Beijing said they would cut levies to 10% from 125%, with the reductions set to last 90 days while trade negotiations continue.

2 days ago | finance.yahoo.com | George Glover

Stocks were headed for big gains on Monday after the U.S. and China said that they had reached a deal to slash tariffs on each other’s goods. S&P 500 futures jumped 2.8%, and contracts tied to the tech-heavy Nasdaq 100 surged 3.7%. The three blue-chip indexes went nowhere on Friday, with investors on edge ahead of the high-stakes trade talks between Washington and Beijing.