(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors…
Gold dropped below US$1,900 an ounce as technical selling took over after an earlier recovery in the dollar and Treasury yields sent prices tumbling. Silver tumbled the most since September.
The US market, and many others around the globe, are on a roll, along with gold closing at its highest level since 2012. That is not the typical correlation, but…