
Gold Price Soars Past $4,000 as U.S. Stock Futures Hold Steady in New York
In New York, U.S. stock futures showed little change as investors remained cautious on fears of an AI market bubble. The Dow futures increased slightly by 0.14%, the S&P 500 futures rose by 0.16%, and the Nasdaq futures edged up 0.21%. Meanwhile, gold prices surged dramatically, crossing the $4,000 mark, attracting significant attention from traders and investors.
Market participants are closely watching the Federal Reserve’s September meeting minutes, set to be released soon, which may provide insight into future monetary policy decisions. Investors appear to be balancing cautious optimism in equities with a growing demand for safe-haven assets like gold amid economic uncertainties.
The modest stock futures gains and the sharp rise in gold prices highlight the current mixed investor sentiment in U.S. markets. Analysts suggest that concerns about an overheating AI sector may be contributing to the cautious approach in equity markets.
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