From Yahoo Finance: 2025-04-11 06:47:00

On Thursday, the stock market tumbled after President Trump raised tariffs on Chinese goods by 145 percent. The Nasdaq dropped 4.31%, the S&P 500 fell 3.46%, and the Dow Jones decreased 2.50%. Despite this, 10 companies saw modest gains during the session.

Agnico Eagle Mines Ltd. (AEM) extended its winning streak, rising 5.43% to $111.55 per share on Thursday. The increase was driven by higher gold prices amidst global trade tensions. Spot gold prices also rose 0.35% to $3,187.30 per ounce, reaching a record high during the day.

Former hedge fund manager Jim Cramer expressed a bullish outlook on AEM, calling it one of the more gold-oriented companies. AEM, the third largest gold producer globally, operates in Canada, Australia, Finland, and Mexico. Despite ranking 7th on Thursday’s best performers list, AI stocks are seen as holding greater potential for higher returns in a shorter timeframe.



Read more at Yahoo Finance: Why Agnico Eagle Mines Ltd. (AEM) Went Up On Thursday?