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Gold has been the topic of news and commentary throughout 2023—including the fact that the precious metal recently punched through the $2,000 level for a brief period.
The major U.S. stock indexes were up last week despite some volatility. The S&P 500 Index finished up 1.39%, the Dow Jones Industrial Average gained 1.18%, the NASDAQ Composite rose an impressive 1.66%, and the Russell 2000 small-capitalization index added 0.52%.
U.S. equity markets posted gains in all three indexes last week. The S&P 500 was up 1.39%, the NASDAQ Composite gained 1.66%, and the Dow Jones Industrial Average rose 1.18%.
Last week, the gold spot price lost 0.55% and the U.S. Dollar Index decreased by 0.57%. The Gold Bullion Strategy Fund (QGLDX) fell 0.04% for the week.
It was over 30 years ago. I sat in a pew in a little church on the village green of Franklin, Michigan. It was the usual Sunday service, but I was stirred by the sermon from a minister who was still relatively new to me.
Last week, major U.S. stock market indexes were mixed. The NASDAQ Composite Index gained 4.41%, the S&P 500 Index rose 1.43%, the Dow Jones Industrial Average fell 0.15%, and the Russell 2000 Index lost 2.64%.
U.S. equity markets posted gains in two of the three indexes last week. The S&P 500 went up 1.43%, the NASDAQ Composite was up 4.41%, and the Dow Jones Industrial Average was down 0.15%.
Last week, the gold spot price rose 6.48% and the U.S. Dollar Index decreased by 0.83%. The Gold Bullion Strategy Fund (QGLDX) rose 5.89% for the week.
February ETF Deathwatch contains 518 zombie ETFs and ETNs.
Yesterday morning, I received a text message from an old colleague. It said, “Twitter should treat ‘economic commentary’ like hate speech.”
Last week, the major U.S. stock market indexes experienced a significant decline. The S&P 500 lost 4.55%, the NASDAQ Composite fell by 4.71%, the Dow Jones Industrial Average dropped 4.44%, and the Russell 2000 lost 8.07%. Mid-cap and small-cap stocks were hit the hardest.
U.S. equity markets posted gains in all three indexes last week.
Last week, the gold spot price was up 0.63% and the U.S. Dollar Index rose 0.05%. The Gold Bullion Strategy Fund (QGLDX) rose 0.75% for the week.