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Gold And Tech Stocks Lead, Financials Lag

Published 2024-09-13, 08:51 a/m
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This morning's premarket shows stock futures and commodities trading higher, with gold leading the market. Technology stocks are gaining traction, with Nasdaq on a buy signal, joined by the equal-weighted and next-gen Nasdaq indices. Financial stocks, however, remain weak, with notable declines in JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS), and Citigroup. The exchanges (CBOE, CME, ICe, Nasdaq, TSX) are performing well.

In Canada, the TSX hit new highs, with a strong day for gold mining stocks like Kinross, Barrick, and First Quantum (TSX:FM). Commodities saw gains, with crude oil and natural gas continuing to rise, and silver and platinum on buy signals. Bitcoin and Ethereum also closed higher, with no significant trend changes.

This content was originally posted on the Stock Market Timing YouTube Channel

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