From Yahoo Finance: 2025-03-28 04:26:00

The stock market faced losses on Thursday due to ongoing trade tensions globally. The Nasdaq fell by 0.53 percent, the Dow Jones by 0.37 percent, and the S&P 500 by 0.33 percent. Automakers were hit hardest by President Trump’s 25-percent tariff announcement on all imported vehicles.

Despite market pessimism, 10 companies saw gains on Thursday driven by fresh company developments. Two gold miners stood out as investors sought safer assets amid economic uncertainties. IAMGOLD Corporation (IAG) surged 5.24 percent to $6.43 as spot gold prices hit a new record high of $3,055.64 per ounce.

IAMGOLD is a leading gold producer with assets in Canada and West Africa. The company targets gold production between 735,000 and 820,000 ounces this year, focusing on maximizing the potential of the Côté Gold project. IAG ranked 6th on the list of stocks that defied market uncertainties on Thursday, showing promise for investors looking for AI stocks with high returns.



Read more at Yahoo Finance: Why IAMGOLD Corporation (IAG) Surged On Thursday?