US Close – Stocks fail to break 2-week decline, tech war reduces risk appetite, Saudi threat unable to keep oil firm, gold higher due to growing risks for outlook, bitcoin is sinking

US Close – Stocks fail to break 2-week decline, tech war reduces risk appetite, Saudi threat unable to keep oil firm, gold higher due to growing risks for outlook, bitcoin is sinking

Today, it was mostly relatively calm quadruple witchcraft that saw the bears stop U.S. stocks from breaking their two-week losing streak. This morning’s leading index and consumer confidence data legitimizes the economic recovery so far, but offers little optimism in the face of growing risks. The University of Michigan Confidence Report had better-than-expected readings on […]

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