The Dow Jones closed higher, hitting a record high, propelled by UnitedHealth’s surge after Berkshire Hathaway increased its stake. Other indexes slipped amid mixed economic data impacting Federal Reserve’s policy decisions. Investors are anticipating a potential rate cut in September. Trump and Putin’s meeting in Alaska raised hopes for resolving the Ukraine conflict and influencing crude prices.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest