As the US government shutdown ends, the equity rally continues

We need to exclude tech stocks though. Whilst the S&P 500 rose, and the Dow Jones closed above 48,000 for the first time ever, the Nasdaq Composite closed lower yesterday, with investors further rotating out of technology and into industrials, financials and healthcare stocks. News of the end of the US government’s longest ever shutdown also provided a muted boost to Asia’s stock markets.European stocks closed broadly higher, continuing their upward trend this week. Even gold saw a relief rally. Carsten Menke, Head of Next Generation Research joins the podcast today to try to make sense of just what is driving the current rebound in the precious metal markets. (00:00) - Introduction: Jan Bopp, Product & Investment Content (00:41) - Markets wrap-up: Bernadette Anderko, Product & Investment Content (06:14) - Gold & silver: Carsten Menke, Head of Next Generation Research (10:16) - Closing remarks: Jan Bopp, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.