Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-21T15:02:04+00:00
US stocks rose on Friday as investors awaited more details on President Trump's "economic warfare" plan against Iran and bitcoin's price (BTC-USD) soared. The Dow Jones Industrial Average (^DJI) rose 0.6%, while the S&P 500 (^GSPC) added 0.3%. The tech-heavy Nasdaq Composite (^IXIC) gained 0.2% afterstocks closed down the day before. Stocks were headed for weekly losses after a bond sell-off this week put pressure on capital-intensive AI and tech names like Nvidia (NVDA) and SpaceX (SPCX). Bitcoin (BTC-USD) continued to rise, reaching $77,000 as the cryptocurrency headed for its best week in nearly three years. On Thursday, Treasury Secretary Scott Bessent shared plans toexpand bond buybacksand increase the program's size beyond $4 billion per issue. "Part of it is signaling here to show t
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.