S&P 500, Nasdaq Snap Quarterly Win Streaks | Global Market News
Stocks struggled for direction amid tariff jitters forward of the Wednesday deadline. The Dow added 417 factors to kick off the week, whereas the S&P 500 managed a modest win, and the Nasdaq completed quietly within the crimson after clawing back from a steep triple-digit loss.
All three main indexes notched month-to-month and quarterly losses. The Nasdaq and S&P 500 suffered their worst month-to-month proportion drops since December 2022, and likewise marked their first quarterly losses since September 2023. Plus, the Dow noticed its worst month to date this yr.
Continue studying for more on in the present day’s market, together with:
5 Things to Know Today
There had been no notable earnings stories in the present day.
Gold Sees Largest Quarterly Gain Since 1986
Oil costs elevated amid President Trump’s threats of additional vitality tariffs on Russia and potential navy motion in the direction of Iran. May-dated West Texas Intermediate (WTI) crude was final seen up $2.03, or 2.9%, at $71.35, rising for each the month and the quarter.
Gold costs hit document highs as soon as again, leaping above $3,100 for the primary time. June-dated gold futures rose $36, or 1.2%, to settle at $3,150.30 an ounce. For the month, costs had been up 10.6%, and marked their best quarter since September 1986 with a 19.3% gain.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
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