Geopolitics and Inflation Threaten to Derail Booming Stock Market

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 22 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 68%

S&P 500 News

GDP,Economy,Geopolitics

The S&P 500 reached record highs in March, but there are concerns about its ability to weather challenges such as geopolitical conflicts and inflation.

Via Metal Miner Although the beginning of the year offered mixed signals for the global economy, US markets today continue to experience positivity. Prices for general markets witnessed an uptrend in late February, followed by a continuation in March and a reversal in April. Fueled by buyer sentiment, the S&P 500 index notched its best first quarterly performance since 2019, ending the month of March at all-time highs.

Conflict, Precious Metals, and US Markets Today Current geopolitical conflicts have also driven precious metals and commodity prices into a volatile state. With equity markets reacting to the Iran-Israel conflict, precious metals such as gold and silver sought significant monthly gains. Gold on US markets today continues to trade over $2400/oz as investors seek out the safe haven asset amid heightened tensions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 34. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines