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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Stock market on Wall Street trades higher at the start of the session

At 14:49 Lisbon time, the Dow Jones increased slightly by 0.01%, reaching 45,518.11 points, while the tech-heavy Nasdaq added 0.17%, totaling 21,835.76 points.

Meanwhile, the broad S&P 500 rose 0.12% to 6,502.89 points.

The price of gold, seen as a safe-haven asset in uncertain times, hit a record high of $3,646 per ounce on Monday.

As central banks ramp up purchases and investors seek shelter from risks, the precious metal is repositioning itself as a key element in global portfolios, particularly with the potential for the Federal Reserve (the US central bank) to cut interest rates at its meeting set for September 17.

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