Smashes

Dow Smashes Record as Animal Spirits Seize the U.S. Stock Market

The stock market raced to fresh record highs today. The Dow Jones was bolstered by solid retail sales and better than expected jobless claims data. But stocks may not be out of the woods yet. The Dow Jones pushed further into record territory on Thursday after U.S. retail sales hit their target and jobless claims…

Dow Smashes Records While Stock Market Ignores Trump Impeachment

Donald Trump’s impeachment and weak economic data couldn’t stop the Dow Jones from hitting another record high on Thursday. Further confirmation of the US-China trade deal helped lift the Dow to a record high on Thursday. Weak economic data and the Trump impeachment drama were ignored by Wall Street, as risk appetite continued to drive…

Gold Price Smashes Five-Week Highs amid Dow Bloodbath

The price of gold surged to more than five-week highs on Wednesday. U.S. stocks plunged over trade-deal uncertainty. Risk sentiment wavers following ‘hawkish rate cut’ from the Federal Reserve on Tuesday. The price of gold catapulted to five-week highs on Thursday after Chinese officials poured cold water on trade-deal euphoria, sending the Dow and broader…