Stocks rise, gold hits record as rate cuts and shutdown loom

HONG KONG, China – Equities rallied for a second day and gold hit another record Tuesday on growing Federal Reserve interest rate optimism.

Traders, however, were preparing for a possible U.S. government shutdown that could affect the release of key economic data.

A string of closely watched indicators has recently supported investor expectations that the…
https://business.inquirer.net/549909/stocks-rise-gold-hits-record-as-rate-cuts-and-shutdown-loom

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