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Gold Breaks $4,800 — Profit-Taking Ahead of U.S. PCE?
U.S. stocks posted their biggest one-day losses in three months on Tuesday, as markets grew concerned that President Trump’s new tariff threats against Europe could signal a renewed surge in volatility, triggering heavy selloffs. The Dow Jones Industrial Average fell 1.76%, the S&P 500 declined 2.06%, and the Nasdaq dropped 2.39%. The U.S. dollar posted its largest single-day decline in more than a month after the White House issued threats towards Europe over Greenland’s future, sparking sharp selloffs in U.S. equities and government bonds and pushing the euro and the British pound higher. The dollar index ... (full story)
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