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Gold prices experienced a decline on Tuesday as easing trade tensions between the U.S. and its trading partners diminished the metal's safe-haven appeal. Investors are closely monitoring upcoming U.S. economic data releases, including job openings, personal consumption expenditures, and non-farm payrolls, to assess the Federal Reserve's policy direction amidst global recession concerns.
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The S&P 500 ended a volatile trading day with minimal change. Megacaps like Nvidia and Amazon weighed on the index. Investors are awaiting key economic data and earnings reports from major companies. Trade war concerns and tariff impacts are also under scrutiny. The Dow Jones Industrial Average saw a slight increase. Boeing's stock boost helped the Dow.
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The larger the IPO, the lower the expense ratio, the data showed. Offerings under 500 crore incurred average costs of 9.3%, while mega IPOs above 5,000 crore managed to keep expenses down at just 2.6% on average.
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News and Media
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