U.S. equity futures recovered their early losses during European trading, while the dollar remained under pressure, InvestingLive reports after Democrats won both chambers of Congress. Its session snapshot put S&P 500 futures up 1.0% and Nasdaq futures up 0.4%, after an earlier Nasdaq decline of over 2%. Gold gained around 3%. Justin Low says the next test is whether Wall Street sustains the recovery, with AI concerns and the direction of U.S.–Iran policy still unresolved.
Related currencies / asset groups: USD · XAU · index
Justin Low says the next test is whether Wall Street can sustain the equity recovery.
InvestingLive reports that U.S. equity futures reversed early losses during European trading while the dollar stayed weak after Democrats won both chambers of Congress.
InvestingLive / ForexLiveThe session report put S&P 500 futures up 1.0% and Nasdaq futures up 0.4%, after Nasdaq futures earlier fell over 2%.
InvestingLive / ForexLiveThe report describes gold gaining around 3% during the session.
InvestingLive / ForexLiveLimitation: AI concerns, inflation risks and the direction of U.S.–Iran policy remain unresolved.
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