Nasdaq, gold scale all-time highs amid cautious Fed comments By Reuters

From Investing.com: 2024-05-20 16:36:19

The Nasdaq closed at a record high, driven by chip stocks like Nvidia ahead of their earnings report. The S&P 500 saw a modest gain, while the Dow dipped below 40,000. Fed officials expressed uncertainty about inflation, with comments from Vice Chairs and Atlanta Fed President. U.S. Treasury yields inched higher as the market awaits further clues on rate cuts. The dollar slightly strengthened against a basket of currencies. Oil prices remained stable amid conflicting economic signals. Gold reached record highs and silver peaked at its highest level in over a decade. Copper also saw gains.



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