Markets hold firm as shutdown fears loom

Markets hold firm as shutdown fears loom

JULIUS BAERJULIUS BAER

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Technology earnings, historic moves in precious metals, and Kevin Warsh to be the next Fed chair?

US equities were mixed yesterday, with investors rotating out of technology as Microsoft dropped sharply while Meta jumped. In Europe, SAP’s steep fall weighed on the DAX, while the Swiss market outperformed. Precious metals are experiencing extreme volatility after record highs, ...  Show more

 . 11min 52sec
Fed holds steady, S&P 500 hits 7,000 and gold smashes records

The US Federal Reserve left rates unchanged and struck a data‑dependent tone, even as political pressure around the central bank intensifies. The S&P 500 briefly crossed 7,000 before paring gains, tech earnings from Meta, Microsoft and Tesla sent mixed signals after the close, an ...  Show more

 . 11min 46sec

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