S&P 500 Gains and Losses Today: Gold Miner Newmont Drops Along With Gold
NEMNewmont(NEM) Investopedia·2024-06-08 06:11

Key Takeaways The S&P 500 slipped 0.1% on Friday, June 7, 2024, as a stronger-than-expected jobs report pushed back expectations of interest rate cuts by the Federal Reserve. The spot price of gold fell amid waning rate-cut hopes and data showing a drop in bullion purchases by China last month, pressuring shares of Newmont and other miners. Air Products and Chemicals shares jumped after the company signed a deal to provide green hydrogen to French oil and gas firm TotalEnergies. Major U.S. equities indexes ...