Gold Steady As More Oil And Falling Yields Ease Rate-Hike Bets
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Gold held gains as increasing oil supplies from the Middle East and a decline in bond yields eased pressure on the US Federal Reserve to hike interest rates this month.
World stocks rose to two-week highs on Tuesday, buoyed by falling oil prices and retreating bond yields. The S&P 500 opened at a record high for the first time since mid-August, while the tech-heavy Nasdaq was on track for a third consecutive all-time high. Investors are anticipating the upcoming earnings season, with
World stocks rose on Tuesday, reaching two-week highs as falling oil prices and retreating bond yields steadied sentiment ahead of an earnings season expected to be driven by AI growth. S&P 500 futures pointed to a record-high open, while the Nasdaq was on track for a third consecutive all-time high.