Stocks gained on Monday, looking to kick off August trading on a high note after a winning July. The S&P 500 added about 0.5% shortly after market open and neared an all-time high. The Dow and Nasdaq also rose. Equity investors are entering August with momentum from a sixth straight monthly gain, with the S&P 500 logging an advance of 2.3% in July. Both the Dow and Nasdaq also added more than 1% for the month. These increases came alongside a strong season so far for quarterly corporate… Source link
Read More »Dave Nadig Talks July’s Gold Rush On Yahoo Finance
Gold has had a great month and has continued pushing higher, with the bank upgrading its forecast from $2000 to $2300 an ounce. This is coming from uncertainty around several areas, including the potential second wave of Coronavirus infections, which will all likely lead to the price of gold being driven even higher. Dave Nadig, ETF Trends’ CIO and Director of Research, spoke with Yahoo Finance host Akiko Fujita on the ETF Report in regards to how the push for gold is having an effect in… Source link
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