Gold and stocks are simultaneously rallying, a rare phenomenon attributed to a global flood of liquidity from pandemic-era stimulus. This excess money is fueling momentum trades across asset classes, with individual investors increasingly participating. While gold has recently seen a pullback due to profit-taking and easing tensions, equities continue their upward trajectory, driven by strong fundamentals and policy support.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.
May 1, 2026