Gold and bonds surge, as stocks struggle

Tue, Jun 6, 2017, 11:39 AM

Stocks (^DJI, ^GSPC, ^IXIC) are slightly down at the midday mark, with the consumer discretionary sector (XLY) the most in the red and the tech sector (XLK) the most in the green. Both gold and long-term US bonds are surging to new 2017 highs. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman, Pras Subramanian and Yahoo Finance tech critic David Pogue.

Today’s topics:

Politics dominating investor concerns
Tuesday Tech Watch with David Pogue: Apple’s WWDC
Apple’s Siri speaker takes on Amazon, Google
Trump’s big push to boost US infrastructure spending
Google launches Internet safety program for kids
Seattle votes for soda tax

Trump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
The Telegraph
A millennial who went to college in his 30s when his career stalled says his Bachelor's degree is 'worthless' and that he's been looking for a job for 3 years
A millennial went to college in his 30s when his career growth stalled. Now he's saddled with student debt and struggling to find a job.
Business Insider
Billionaire Bill Gates Has 51% of His Portfolio Invested in 2 Brilliant Stocks
The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 by a wide margin over the past three years, in part because of these two stocks.
Motley Fool
Ask an Advisor: Can a Nursing Home Take Our IRA? We Have a $100K IRA and a Trust to Protect Our Assets
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
SmartAsset
Here's What Key Metrics Tell Us About Medical Properties (MPW) Q1 Earnings
While the top- and bottom-line numbers for Medical Properties (MPW) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks
The U.S. Is Shelling Out $2.9 Billion Per Day In Interest And These ETFs Let You Get A Piece Of It
The U.S. national debt is a hot topic as the government continues to spend more than it earns. With the debt currently standing at a staggering $34 trillion, the interest payments alone are eating up a significant portion of the budget. In fact, the ...
Benzinga
A 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
Business Insider
How Much Cash Can A $300,000 Annuity Generate For Me Each Month?
Imagine having a reliable source of income you can count on throughout your retirement. That’s the promise of an annuity. These insurance products have been designed to turn your savings into a steady stream of monthly payments. They guarantee peace of mind and financial security in your golden years. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. An
Benzinga
One More Day, One More Boeing Incident - Senegal Crash Adds to Troubles
Boeing Co (NYSE: BA) continues to face challenges as a Boeing 737-300 aircraft crashed during takeoff at Senegal’s main airport on Thursday. Air Sénégal flight HC301, operated by Transair with 78 passengers, skidded off a runway before takeoff, injuring 11 people and bringing the facility to a halt. The Blaise Diagne airport said an investigation was underway to determine the cause of the accident, which occurred at around 0100 GM, reported Reuters. Boeing is already under regulatory scrutiny af
Benzinga
1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever
A falling stock price has made Agree Realty an even more attractive passive-income investment.
Motley Fool

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Gold and bonds surge, as stocks struggle

Today’s topics:

Recommended Stories

Trump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn

A millennial who went to college in his 30s when his career stalled says his Bachelor's degree is 'worthless' and that he's been looking for a job for 3 years

Billionaire Bill Gates Has 51% of His Portfolio Invested in 2 Brilliant Stocks

Ask an Advisor: Can a Nursing Home Take Our IRA? We Have a $100K IRA and a Trust to Protect Our Assets

Here's What Key Metrics Tell Us About Medical Properties (MPW) Q1 Earnings

The U.S. Is Shelling Out $2.9 Billion Per Day In Interest And These ETFs Let You Get A Piece Of It

A 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs

How Much Cash Can A $300,000 Annuity Generate For Me Each Month?

One More Day, One More Boeing Incident - Senegal Crash Adds to Troubles

1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever