At-a-Glance

Today’s Top Highlights

There has been strong back and forth price action this week for the equity markets and the precious metals with the recent volatility. With that, the S&P and Nasdaq were able to carve out a new all time high price this week during the session today after seeing strong selling to end last week. The Russell had the largest upside move in the equities today but is still trading below its all time high price. There were a few reports that were released today looking at CPI, which came in worse than expected, and manufacturing data that was a better than expected result. 

The precious metals, Gold and Silver specifically, traded marginally lower today after extreme selling pressure throughout the week. Both markets bottomed out on Wednesday and have been chopping around above those lows for the remainder of the week. There is a lot of risk in the world looking at these markets, looking at the tariff situation globally, changing Fed policy decisions and also the tensions across many countries that could add volatility at any moment, and traders will be watching these markets as they trend near or at all time highs.

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