Theme:
Light Dark Auto
GeneralPoliticsBusinessEconomyTechnologyEnvironmentScienceSportsHealthEducationEntertainmentLifestyleGeneralNationWorld
BUSINESS

Gold Soars, Stocks React to Tariff Uncertainty

Read, Watch or Listen

Gold reached a record high of $3,194.20 per ounce Thursday, boosting miner stocks like Newmont (NEM) and Barrick Gold (GOLD). Investors sought safe haven assets amid tariff uncertainty and broader market declines. However, airline stocks plummeted due to concerns about long-term demand destruction from tariffs. Apple initially soared after a tariff pause, but then dropped significantly. US Steel fell after Trump's comments against foreign ownership. Intel and Constellation Brands also experienced volatility related to tariffs. Despite Wednesday's gains, major indexes remain below pre-tariff levels.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET