Risk aversion sentiment sweeps through! Unexpected non-farm data cannot stop the strong rise of Gold.
Gold prices rose further on Friday, marking a strong end to the week.
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U.S. stocks may face greater downward pressure. Analysts suggest that the S&P 500 Index could drop by 15%.
The rapid rise in U.S. bond yields may indicate that the stock market will decline further.
Overnight US stocks | The three major indices all recorded losses this week, with the S&P 500 Index erasing all gains since the USA election.
As of the close, the Dow Jones fell 696.75 points, a decline of 1.63%, closing at 41,938.45 points; the Nasdaq fell 317.25 points, a decline of 1.63%, closing at 19,161.63 points; the S&P 500 Index fell 91.21 points, a decline of 1.54%, closing at 5,827.04 points.
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