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Gold futures hit record on U.S. tariff shock; mixed day for stocks [BNN Bloomberg (Canada)]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Wall Street enjoyed a sunny Friday led by the tech-rich Nasdaq Composite Index, which posted a second straight record, part of a buoyant session in New York amid optimism over artificial intelligence and less uncertainty over trade policy. Investors are growing confident that U.S. President Donald Trump's constantly changing U.S. trade policy won't derail the surge in investment around artificial intelligence. “Part of the relief was that the tariffs on a very important sector around the U.S. outlook on earnings, which is tech and AI, is mostly left unaffected,” said Angelo Kourkafas, senior global investment strategist at Edward Jones. Apple, which pledged increased U.S. investment at a White House meeting this week, won 4.2 per cent, its third straight significant gains. Nvidia and Google parent Alphabet also advanced. Gold futures shot to a new all-time intraday high at US$3,534.10 an ounce after the Financial Times reported that Washington had classified one-kilo bars, th
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