Market Overview - U.S. markets opened positively with the Nasdaq up by 0.26%, Dow by 0.25%, and S&P 500 by 0.20% [1] - The Russell 2000 index showed signs of decline, indicating potential volatility ahead [2] Gold and Precious Metals - Spot Gold prices rose 4.5% overnight, reaching $4,000 per ounce for the first time, reflecting a doubling in value over two years [3] - Continuous Gold Contract increased by 1.56% to $4,066.90, following Spot Gold's milestone [2] - Other precious metals also saw gains, with Spot Silver up 2.5%, Spot Platinum up 2.76%, and Spot Palladium up 5.39% [4] Economic Indicators - The 10-Year Treasury yield fell by 2.1 basis points to 4.106%, while the 20-Year and 30-Year yields decreased by 2.8 and 2.7 basis points, respectively [2] - The upcoming third quarter earnings season is anticipated to bring significant market activity [5]
Stock Market Today: Chipmaker Rally, FOMC Minutes Lift S&P 500 and Nasdaq Composite to Record Close
Yahoo Finance·2025-10-08 14:22