S&P 500 moves above 5000, attracting investor capital while reducing gold’s allure

Canada News News

S&P 500 moves above 5000, attracting investor capital while reducing gold’s allure
Canada Latest News,Canada Headlines
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Yesterday the Standard & Poor’s 500 index hit a new milestone trading above 5000 points for the first time in history. Equity traders witnessed another record today with the S&P 500 closing out the week above 5000. Optimism regarding a revision of the December inflation data revealed that inflationary pressures are even lower than the earlier data suggested.

Investors effectively look to move their capital to assets that provide the greatest potential for a high return while also offering a level of risk that is acceptable to them. US equities can contain tremendous risk, which is why the asset classes are titled risk-on. Asset classes that offer stable but low returns such as bonds are a strong alternative when US equities are trading under pressure.

However, the overwhelming capacity of a handful of corporations specializing in the advancement of technology has shifted market participants' focus away from the safety of a haven asset, or the security of a low-risk return government bond.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors yearn for insight into the Fed's upcoming monetary pivotInvestors yearn for insight into the Fed's upcoming monetary pivotThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Modest price pressure on gold, silver in quieter marketplaceModest price pressure on gold, silver in quieter marketplaceThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

USD gold market hides a massive shift: Global demand is now price-insensitiveUSD gold market hides a massive shift: Global demand is now price-insensitiveThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold rallies as key outside markets in friendly daily postureGold rallies as key outside markets in friendly daily postureThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold rises as a result of dollar weakness and market participants actively buyingGold rises as a result of dollar weakness and market participants actively buyingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold weaker but up from daily lowsGold weaker but up from daily lowsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »



Render Time: 2025-02-19 18:00:56