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A new Senate report details what went wrong before the assassination attempt against Donald Trump in July. More adults than thought may have an iron deficiency. → After a sniper with local law enforcement texted a Secret Service leader about the man who would soon fire shots at Trump, it took seven minutes for the Secret Service leader to send an email relaying the information and photos. It’s unclear how long it then took other members of the Secret Service to read the email. More coverage of Donald Trump:The Senate unanimously passed legislation to boost Secret Service protection for presidential candidates.

Persons: Donald Trump, Trump, Abbott, Costello, Who’s, ”, Democratic Sen, Richard Blumenthal, ” Blumenthal, Ryan Routh, Helene, Ron DeSantis, “, Leo Buckley, Kamala Harris, Sen, JD Vance, Harris, Chuck Todd, Elise Stefanik, ” Israel, Brett Favre’s, Emmanuel Littlejohn, Kenneth Meers, he’s, Sean “ Diddy ” Combs, Eunice Yoon, — Jennifer Jett, Elizabeth Robinson Organizations: Senate Homeland Security Committee, Investigations, Secret Service, Democratic, Service, Trump, Top U.S, Florida Gov, NBC, Republican, GOP, NBC News, The Justice Department, Visa, of Fame, U.S . Forest Service, CNBC, White Locations: U.S, Butler , Pennsylvania, Trump’s Florida, Iran, Florida, Mexico, Bend, Pittsburgh, Haitian, Springfield , Ohio, Lebanon, Tel Aviv, Oklahoma, drugging, Shenzhen, China, Asia

The speech will tie together various themes of the Harris campaign, including her own biography and how it defines her economic vision. Harris plans to describe her economic vision as “pragmatic” and not “bound by ideology,” the official said. Not those who mop the floors,” Harris plans to say. “I’m going to be giving a speech this week that is really to outline my vision for the economy,” Harris told reporters Sunday. “According to our recent polling, Black voters’ economic priorities include reducing costs and increasing wealth.

Persons: Kamala Harris, Donald Trump’s, Harris, ”, Trump, Donald Trump, ” Harris, Joe Biden, It’s, “ I’m, you’ve, I’ve, “, ” Terrance Woodbury Organizations: PITTSBURGH, Democratic, NBC News, NBC, Biden, HIT, Black Locations: Pennsylvania, Michigan, Wisconsin, Nevada, Pittsburgh

☆ A key chart breakout by this materials stock suggests more upside to come
▼ + stars: | 2024-09-25 | by ( David Keller | ) www.cnbc.com time to read: +3 min

But improved price action this week suggests Freeport-McMoRan, Inc. (FCX) may be poised for further upside into the fourth quarter. So with a bearish momentum reading at the May peak, then a bullish momentum reading at the August and September lows, FCX was primed for an upside breakout. The breakout in March 2024, leading to the May peak, suggested a new uptrend as the price exited this basing pattern. The stock gapped higher on Tuesday, pushing above short-term resistance around $46 as well as a trendline using the May and July highs. The stock did become overbought this week, with the RSI popping just above the 70 level on the recent breakout.

Persons: FCX, David Keller Organizations: Inc, Freeport, CMT, CNBC, NBC UNIVERSAL Locations: Freeport, McMoRan

☆ Opening Bell: September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: September 25, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from September 25, 2024.

Organizations: New York Stock Exchange, Nasdaq

☆ Watch Wednesday's full episode of Fast Money — September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of Fast Money — September 25, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ Treasury yields inch higher as investors consider the state of the economy
▼ + stars: | 2024-09-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 3.533% after rising by just over one basis point. U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy. Economic data points will therefore be watched closely in the coming days and weeks as concerns about a potential slowdown of the economy linger. Later this week, investors will also hear from various Fed officials including Chairman Jerome Powell. At the end of the week, key economic data in form of the latest personal consumption expenditures price index is also set to be published.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, PCE Locations: U.S

☆ Dow futures are little changed after index breaks four-day winning run: Live updates
▼ + stars: | 2024-09-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak. Dow futures slipped 16 points, or 0.04%. S&P 500 futures rose 0.1%. The semiconductor manufacturer was trading 14% higher in Wednesday's extended trading session after issuing strong guidance for the current quarter. In regular trading, both the S&P 500 and the Dow retreated from their records to close lower.

Persons: Dow, Tom Lee, Dow Jones, Jerome Powell, John Williams Organizations: New York Stock Exchange, Futures, Dow Jones, Dow, Nasdaq, Micron Technology, Lam Research, Fundstrat Global Advisors, Federal Reserve, New York Fed, CarMax, Accenture, Costco Wholesale

☆ German Greens leadership quits after series of election blows
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

25 September 2024, Berlin: The German Green Party leaders Omid Nouripour and Ricarda Lang resign. Photo: Fabian Sommer/dpa (Photo by Fabian Sommer/picture alliance via Getty Images)The joint leaders of the German Greens, Omid Nouripour and Ricarda Lang said they would step aside, making way for a new leadership to be elected at the next party congress. The decision comes after a series of heavy election defeats for the party, which serves in Social Democrat Chancellor Olaf Scholz's coalition.

Persons: Omid Nouripour, Ricarda Lang, Fabian Sommer, Omid, Chancellor Olaf Scholz's Organizations: German Green Party, Getty, German Greens, Social Locations: Berlin

☆ Panda pair arrive to VIP welcome in Hong Kong, as Beijing marks 75 years of communist China
▼ + stars: | 2024-09-25 | by ( Chris Lau | ) edition.cnn.com time to read: +4 min

An An and Ke Ke, both five years old, are expected to land shortly after noon at Hong Kong International Airport, where they will be greeted with a welcoming ceremony. Ke Ke the panda in Chengdu, Sichuan province, China. Ke Ke is one of two two giant pandas due to arrive in Hong Kong. An An and Ke Ke arrive from a breeding center in mainland China’s Sichuan province. Ying Ying made headlines in August by giving birth to twins, making her the oldest known first-time panda mother.

Persons: Ke Ke, Ke, acclimatize, John Lee, Le, Ying Ying, ‘, “, ” Lee, Hong, hub’s, Kevin Yeung, ” Organizations: CNN, Communist Party, Hong Kong International Airport, Ocean, Elite, Staff, RTHK, China Daily, Reuters, city’s, Le Le, Hong, People’s Locations: Hong Kong, Chengdu, Sichuan province, China, Ocean, Sichuan, Hong, Beijing, People’s Republic of China

☆ There's a new reason people feel bad about the economy
▼ + stars: | 2024-09-25 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Read previewIt's official: The labor market vibes are not great. It's the largest tumble in sentiment since August 2021 — and workers' experiences with and expectations for the labor market are partially to blame. A weaker jobs market — although one that's still historically strong — is warping Americans' beliefs about the economy. Even so, though, it'll take a little while for new monetary policy to trickle into daily life and the labor market. Are you having trouble finding a job, or is the job market making you feel bad?

Persons: —, It's, Jerome Powell, Wells, Shannon Seery Grein, Jeremiah Kohl, Dana M, Peterson, it'll, Julia Pollak Organizations: Service, Conference, Business, Federal Reserve, Conference Board, Conference Board's, New York Federal Reserve's Survey, Consumer, Survey, Labor

☆ The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
▼ + stars: | 2024-09-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. But a strong yuan could hurt exports, a key pillar of China's economy, amid weak domestic demand. AdvertisementChina's massive stimulus package for its battered economy has boosted market sentiment and injected confidence into the Chinese yuan. This means $1 could buy fewer Chinese yuan. A strong yuan is bad for exportsEven though a strong yuan signals confidence in China's economy, analysts aren't sure the gains will hold.

Persons: —, Pan Gongsheng, Vishnu, Varathan, Larry Hu, Hu, aren't, Pan, Macquarie's Hu Organizations: People's Bank of China, Service, US Federal Reserve, Macquarie Group, Lombard, Bloomberg Locations: Asia, Japan, China, Beijing, Swiss, China's

☆ A dismal 'Bridgerton'-themed ball in Detroit is drawing comparisons to the woeful Willy Wonka experience
▼ + stars: | 2024-09-25 | by ( Will Martin | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementThe reality of the event, however, was much less impressive, guests told local media, and posted on social media. Its website displayed a 404 error when Business Insider attempted to visit the page although a sparse website for the event was still online. Uncle & Me LLC did not immediately respond to a request for comment from Business Insider, sent outside regular working hours.

Persons: —, Charming Amecia Fuller, Ragland, Amanda Sue Mathis, Mathis, Willy Wonka, Cameron Morey Organizations: Service, Harmonie, Business, Social, News Detroit, ABC, 7News Locations: Detroit, Bridgerton, Glasgow, UK

☆ The Wrap-Up for Wednesday September 25
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Wrap-Up for Wednesday September 25The top headlines that could drive today's trading.

☆ CNBC TechCheck Evening Edition: September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: September 25, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ The Late Morning Rundown: September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ Shawn Stines: Kentucky sheriff accused of fatally shooting a judge will appear before judge today
▼ + stars: | 2024-09-25 | by ( Emma Tucker | ) edition.cnn.com time to read: +5 min

Letcher County Sheriff Shawn M. Stines, 43, was arrested at the county courthouse in Whitesburg Thursday on suspicion of fatally shooting District Judge Kevin Mullins, 54, in Mullins’ chambers. The hearing itself will be conducted by a judge in a Carter County courthouse, about 100 miles from the crime scene, according to court officials, with the Letcher County courthouse having been closed for days because of the killing. Stines’ job made him responsible for security at county courthouses, including the personal security of judges, according to the Kentucky Sheriff’s Association. Letcher County, Kentucky, District Judge Kevin R. Mullins Letcher County governmentStines and Mullins ate lunch together hours before the shooting, Circuit Court Clerk Mike Watts told CNN affiliate WKYT. The lawsuit alleges the sexual allegations against the deputy “were not appropriately investigated by Sheriff Stines,” who fired the deputy in 2022.

Persons: Shawn M, Kevin Mullins, Mullins, –, Stines, He’s, Matt Gayheart, Gayheart, Kevin R, Mike Watts, ” Watts, WKYT, We’ve, I’ve, ”, “, Sheriff Stines, Jonathan Shaw, ‘, Wallace Kincer, Matt Butler, Butler, ” Butler, General Russell Coleman’s, Jackie Steele, ” Mullins, CNN’s Andy Rose, Dalia Faheid, Dakin Andone Organizations: CNN, Kentucky Sheriff’s Association, Kentucky State Police, WKYT, Stines, Letcher County Public Schools Locations: Kentucky, Letcher County, Leslie County, Carter, Letcher, Letcher County , Kentucky, Mullins Letcher, ’

☆ I tried 18 of Trader Joe's fall breakfast foods, and I'd buy most of them again
▼ + stars: | 2024-09-25 | by ( Paige Bennett | ) www.businessinsider.com time to read: +1 min

I tried 18 fall breakfast items from Trader Joe's, and I'd buy most of them again. Go to newsletter preferences Thanks for signing up! AdvertisementTrader Joe's has stocked its shelves with fall goodies, including many items that are great for quick, delicious breakfasts. I tried a lot of seasonal breakfast items available at the grocery chain, and I was pleasantly surprised to find that I'd buy most of them again. Here's how 18 of the fall breakfast foods at Trader Joe's stacked up.

Persons: Joe's, — Organizations: Service

☆ 'Intermezzo' author Sally Rooney on the approach that has made her successful: 'I don't care about my career'
▼ + stars: | 2024-09-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Sally Rooney's award-winning novels have sold millions of copies and been adapted into hit shows. With her latest book "Intermezzo" hitting shelves this week, the 33-year-old is sticking with what has worked for her. For Rooney, whose novels explore the complexity of interpersonal relationships with themes like identity and love, changing things up for the sake of changing things up isn't appealing. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Sally Rooney's, Rooney, Austen, Henry James, Dostoyevsky Organizations: New York Times, CNBC

☆ The Pre-Market Rundown: September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ Watch Wednesday's full episode of the Halftime Report — September 25, 2024
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — September 25, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ The Olivia Nuzzi-RFK Jr. story is still spinning out — and New York mag staffers have questions
▼ + stars: | 2024-09-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

As news of the Olivia Nuzzi-RFK Jr. scandal tore through media and government circles over the past week, with increasingly titillating details emerging, those inside the New York magazine fold began to wonder about their own fallout. In a note to readers, New York called it a "violation of the magazine's standards around conflicts of interest and disclosures." Nuzzi said in a statement to The New York Times that the relationship wasn't physical. She is currently on leave from the magazine, and the magazine is conducting a more thorough third-party review. AdvertisementNew York mag didn't say who was conducting the third-party review or what additional information it hoped to learn from it.

Persons: Olivia Nuzzi, she'd, Robert F, Kennedy Jr, Oliver Darcy, Kennedy, Nuzzi, Donald Trump, Kennedy didn't, wasn't, David Haskell, Vox, Brian Leung, Haskell, Haskell —, EIC Adam Moss, Tirhakah Love, Love, Corey Lewandowski's, Trump Organizations: Service, RFK Jr, New York, Washington, New York Times, Business, Media, Employees, Staff, Trump, Vox Media, Hollywood, Penske Media Locations: New York, Israel, , New York

☆ CNBC Daily Open: Some caution might be good for markets
▼ + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While analysts think this move may mark the end of China's deflationary streak, many think monetary policy is not enough. How much will oil demand grow? The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.

Persons: Larry Hu, Consumer's, September's, Dow Organizations: CNBC, Dow Jones, U.S ., People's Bank of China, Macquarie, International Energy Agency, U.S, U.S . Federal, Barclays, Citi Locations: Corte Madera, Corte Madera , California, Asia, Pacific, China, U.S .

☆ NFL Week 3 takeaways: Bills and Chiefs on collision course?
▼ + stars: | 2024-09-25 | by ( Ben Morse | ) edition.cnn.com time to read: +17 min

Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Charlie Riedel/AP The best photos from the 2024 NFL season Prev NextAre the Bills and Chiefs on an AFC Championship collision course? Through three weeks, the Buffalo Bills and the Kansas City Chiefs look like the teams to beat in the NFL.

Persons: Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Quarterback Patrick Mahomes, haven’t, ” Mahomes, “ We’ve, we’ve, that’s, Todd Kirkland, Josh Allen, New York Jets – Allen, Allen, Mahomes, Adrian Kraus, Burrow, Jeff Dean, ’, Mike McCarthy’s, CeeDee Lamb, McCarthy, Jeffrey McWhorter, ”, Jerry Jones, Caleb Williams, Williams, Jaylon Jones, Zach Bolinger, “, It’s, I’ve Organizations: CNN, NFL, National Football League, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, New England Patriots, The Jets, USA, Sports, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, AFC, Miami Dolphins, Buffalo, Ravens, Co, Kansas City, Cincinnati, Washington, Associated Press, Pittsburgh Steelers, ‘, New, New Orleans Saints, Dallas, Indianapolis Colts, Colts, USC, Indianapolis, New York Jets New York Giants, Cleveland Browns Chicago Bears, Indianapolis Colts Houston Texans, Minnesota Vikings Philadelphia Eagles, New Orleans Saints Los Angeles Chargers, Pittsburgh Steelers Denver Broncos, Tampa Bay Buccaneers Green Bay Packers, Tennessee Titans Carolina Panthers, Las Vegas Raiders Miami Dolphins, Seattle Seahawks Detroit Lions, Arizona Cardinals Baltimore Ravens, Dallas Cowboys San Francisco 49ers, Los Angeles Rams Kansas City Chiefs, Atlanta Falcons Jacksonville Jaguars Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Kansas, Buffalo, New Orleans, Baltimore, Pennsylvania

☆ Hezbollah steps up its response to Israeli attacks but its gloves are not fully off
▼ + stars: | 2024-09-25 | by ( Christian Edwards | ) edition.cnn.com time to read: +6 min

CNN —Despite pledging a “battle without limits” against Israel, Hezbollah’s response to back-to-back Israeli attacks appears to have been carefully calibrated. Hezbollah joined the fight against Israel out of solidarity with Palestinians in Gaza after Hamas’ October 7 attacks against Israel. Israel accused Hezbollah of firing the rocket, which came from the direction of Lebanon, but Hezbollah has “firmly” denied it was behind the strike. Prime Minister Benjamin Netanyahu began to pivot from fighting Hamas in Gaza to Hezbollah in Lebanon, backed by bellicose allies on his extreme right. This week, another airstrike killed Ibrahim Qubaisi, another senior official who commanded Hezbollah’s missile units.

Persons: Hassan Nasrallah, –, – don’t, Hussein Malla, Israel, ”, Benjamin Netanyahu, bellicose, Ibrahim Aqil, Ibrahim Qubaisi, Fathi Al, Masri, Abdallah Bou Habib Organizations: CNN, Israel, Hezbollah –, Radwan Force, Hezbollah’s, Getty, Lebanon’s Locations: Tel Aviv, Israel, Lebanon, Beirut, Kfar Rouman, Gaza, Hezbollah, Tripoli, AFP

☆ Gold’s hitting new records again. Here’s what it means for the economy
▼ + stars: | 2024-09-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% gain. Fresh consumer confidence data on Tuesday indicated that Americans are feeling pessimistic about the US economy and future of the job market. JPMorgan Chase researchers said in a note on Monday that they expect the yellow metal to continue running toward their 2025 target price of $2,850 an ounce as the Fed brings down rates. Silver, another precious metal that tends to move in tandem with gold, has jumped roughly 34% this year, outperforming the yellow metal. New moves from China to revive its economy also has the potential to lift precious metals, said Rhind.

Persons: Jerome Powell, ”, Kristina Hooper, JPMorgan Chase, “ There’s, Will Rhind, Rhind Organizations: New, New York CNN, Federal Reserve, Traders, JPMorgan, Treasury, GraniteShares, Citi Locations: New York, China, Turkey, India, China’s

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