S&P 500 Nears Record High, Metals Shine Amid Dollar Dip The S&P 500 is inching towards a record high, accompanied by rises in the Dow Jones Industrial Average and Nasdaq Composite. This growth occurs alongside a decrease in Treasury yields. Metal prices are on the rise as the U.S. dollar weakens, despite robust U.S. retail sales and reduced expectations of interest rate cuts by the Federal Reserve. Key metals like copper, aluminum, nickel, and zinc are all seeing price increases, with copper at $8,361.50 per metric ton and aluminum at $2,177 a ton. Gold also climbed 0.4% to $2,029.60 per troy ounce. Michael PiccoiniStrategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Towards Global De-dollarization: Iran Advocates for BRICS Digital Currency in 2024 READ MORE The Fed is meeting today. Here’s what experts are saying about the odds of a rate cut. READ MORE Bond King' Bill Gross Warns of Potential Recession and Overvalued Stocks READ MORE Dimon Warns: US Economic Outlook Uncertain, Recession RiskLingers READ MORE ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
