CHF/BWP Price & Performance (CHFBWP)

U.S. stock indices rebounded following a dovish Federal Reserve stance, with the S&P 500 and Nasdaq climbing 1.2% and 1.5%, respectively. The Fed kept rates steady but revised growth and unemployment projections, signaling economic caution. Gold prices surged near $3,050 per ounce, reflecting heightened market uncertainty.1

European equities outperformed as defense stocks surged, driven by increased government spending. The Eurostoxx aerospace and defense sector saw significant gains, while luxury stocks underperformed. Analysts speculate the rally may pause, but defense spending remains a key driver for the region's markets.2

U.S. markets closed sharply higher despite consumer sentiment declines. The S&P 500 rose 2.13%, while the Nasdaq gained 2.61%. Energy and tech sectors led gains, with crude oil climbing nearly 1%. Gold briefly hit $3,000 before retreating, reflecting mixed investor sentiment amid economic uncertainty.3