HomeMarketsU.S. EconomyTrade Tensions Weigh on Markets, Gold Soars as Safe Haven

Trade Tensions Weigh on Markets, Gold Soars as Safe Haven

Equity futures point lower to begin the week as trade tensions still cast a long shadow over the market. Scott Bauer says investors are losing confidence in the U.S. economy. Scott says that while the U.S. dollar is weakening against other currencies, he looks to the soar-higher in gold as investors seek a safe-haven asset. With earnings season in full swing, Scott expects more companies to follow the example of United Airlines (UAL) with cautioned guidance, citing ongoing trade uncertainty.

Morning Movers

21 Apr 2025

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