News with the tag "Dow Jones Industrial Average"

Gold prices rose for a fourth day on Thursday as unease over President Donald Trump’s tax plan and growing fiscal deficit pushed long-term Treasury yields toward highs last seen almost twenty years ago. At the same time, stocks across Asia and on Wall Street declined. Spot bullion edged up to about ...

The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bottomed in the fourth quarter of 2022. In contrast, the prices