Sunday , July 3 2022

Wall Street is bleeding while investors seek safe havens



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Reuters

Wall Street is bleeding while investors seek safe havens

Shares in the United States fell today as investors sought out secure assets from gold and government bonds amid concerns of a China-US trade war for global growth.

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Gold rises to record highs

At 14:36 ​​GMT, the Dow Jones Industrial Average dropped 1.15% to 25 729.54, while the Standard & Poor's 500 fell 1.09% to 2850.32.

The Nasdaq Composite Index fell 0.32% to 7,808.53 points.

Bloomberg

The US indexes developed on Wednesday, August 7th

In light of trading tensions, gold prices have risen to their highest level in nearly six years, as the price of an ounce in futures has risen above the $ 1,500 level.

Source: Agencies

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