Gold rose to $3,299 ahead of the Fed’s next decision on interest rates later this week.Srinophan69/Getty Images Gold prices rose to $3,299 on Monday morning. The jump came ahead of the Fed’s next interest rate decision on Wednesday. Rates are widely expected to remain unchanged, despite pressure from President Donald Trump. Gold prices rose on
As markets attempt to recover from recent sell-off action that’s left the S&P 500 (^GSPC) and Nasdaq (^IXIC) in correction territory, one major catalyst this week could make or break a comeback: Wednesday’s Federal Reserve policy decision. The central bank is expected to hold interest rates steady in the face of tariff uncertainties and recent
Investors’ uber-bullish sentiment for US stocks came to a screeching halt over the past month. In a global survey of 171 participants, Bank of America’s latest Global Fund Manager Survey showed the biggest drop in investor allocation to US equities on record. A team of Bank of America strategists led by Michael Hartnett described the
The future of stock market investing isn’t the stock market. On Monday, Robinhood (HOOD) announced it was launching prediction markets, allowing users to trade the outcome of events, with this week’s Fed meeting and the NCAA tournament serving as the first two markets at launch. Last month, readers might recall, the company sought to launch