From Yahoo Finance: 2025-03-27 22:41:00

Safe-haven gold reaches new record highs amidst global index decline due to fears of trade war sparked by U.S. President Trump’s tariffs. U.S. stock market drops for the third consecutive day, with Dow falling by 1.69%, S&P 500 by 1.97%, and Nasdaq by 2.7%.

Global stocks fall 1.58% as car tariffs escalate. Gold hits $3,086.70, up 0.86%, on trade war concerns. Inflation, geopolitical tensions, and fiscal risks drive gold prices up 17% for the quarter. U.S. Treasury yields drop due to negative growth impact of tariffs.

Euro strengthens against the dollar, yen, and Swiss franc. Oil prices remain flat amidst crude supply tightening and U.S. tariffs. Brent crude falls 0.5% to $73.63, while U.S. WTI crude drops 0.8% to $69.36. ECB likely to cut rates in April.

European stocks decline as trade war fears persist. Gold prices soar due to inflation, geopolitical concerns. U.S. car tariffs more aggressive than expected, leading to market uncertainty. Traders anticipate interest rate cuts in response to tariff impact on growth.

Read more: Stocks lose ground amid inflation concerns, trade war worries