As a US government shutdown nears, investors are evaluating its market impact. A prolonged shutdown could weaken the economy and the dollar, potentially leading to Fed rate cuts and benefiting emerging markets. Gold demand remains strong amid uncertainty, inflation, and a soft dollar, with prices expected to rise further.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment