Global Stocks Climb as Gold Hits Record Ahead of Earnings and Fed Meeting
Equity markets gained and gold prices reached an all-time high, setting the stage for a week of major corporate earnings announcements and a U.S. Federal Reserve policy meeting.
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Terms & Concepts
Federal Reserve: The central bank of the United States, responsible for setting monetary policy including interest rates.
Earnings Season: A period when publicly traded companies release quarterly financial results, influencing market sentiment.
Gold Rally: A significant upward movement in gold prices, often driven by investor demand for safe-haven assets.