Gold rises over 1% as oil, yields slip pre-Fed decision
Spot gold was up 1.4% at $4… after oil prices and U.S. Treasury yields declined as investors awaited the Fed’s interest-rate decision and remarks later in the day from Chair Kevin Warsh.
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S&P 500 Rises As Oil Sinks On Iran Talk Hopes: Stock Market Today
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi