the daily moo

Gold to gain as US dollar hits alarming low


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US markets rose overnight led by big tech stocks Meta, Broadcom and AMD. US steel producers also made gains with news of higher tariffs. Another sector recording a rise is gold, which looks set to continue. But a darkening picture of the US economy is pushing the dollar down, while Disney and Microsoft are among those announcing further layoffs.

Securities mentioned Alphabet Advanced Micro Devices Disney Meta Platforms Microsoft Newmont Nucor Steel Dynamics Tesla

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the daily mooBy Moomoo Australia & New Zealand