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Market Update

S&P 500 Pauses as Investors Digest Recent Gains

The S&P 500 was little changed on Friday, putting it on track for a weekly decline. Despite a strong performance by technology stocks, led by Broadcom’s surge following impressive earnings results, the broader market remained relatively subdued.Broadcom’s market capitalization surpassed $1 trillion, driven by soaring artificial intelligence demand. Other tech …

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XAU/USD declines on rising T-yields as FOMC meeting looms

Gold, often considered a safe-haven asset, has recently faced headwinds as rising US Treasury yields and a stronger dollar have weighed on its price. While geopolitical tensions and economic uncertainties could provide support for the precious metal, the Federal Reserve’s monetary policy decisions will play a crucial role in shaping …

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