At-a-Glance
Today’s Top Highlights
After seeing a positive finish on Friday to wrap the week, the equity markets broadly pushed higher today with the S%P, Nasdaq and Russell all trading higher over 1% on the day, led by the Russell. Last week, these markets saw a lot of back and forth price action after the big selloff from Friday, October 10th where more aggressive tariffs were announced and then walked back the following week. None of these markers were able to carve out a new all time high today, but the Nasdaq and S&P and gaining ground back towards those levels after a positive finish on the day.
Gold and Silver also had strong performances today, with Gold trading up near 4% and Silver trading up almost 3% on the session. This created a new all time high price for the Gold market and Silver is very close to its all time high as well after strong selling pressure in both markets on Friday. The government is still on shutdown with little indication of a resolution, which is still keeping a lot of economic reporting on hold, but there will be some key earnings reports this week that can add volatility to the equity markets, such as Tesla later on this week.
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