Gridex USD Price & Performance (GDXUSD)

U.S. stock indices showed divergence as Nvidia's earnings exceeded expectations but raised concerns over profit margins. The Dow rose 0.3%, while the S&P 500 and Nasdaq fell by 0.2% and 0.7%, respectively. Meanwhile, weekly jobless claims spiked, signaling potential labor market softening.12

Gold prices, after reaching $3,004 per ounce, retreated slightly to $2,982 as traders reacted to U.S. tariff policies and global geopolitical concerns. The People’s Bank of China continued its bullion purchases, while recession fears and inflation expectations influenced the metal's movements.34

The U.S. Dollar Index dipped after the University of Michigan's Consumer Sentiment Index missed expectations. Tariff-driven inflation concerns and softening economic data added pressure. Meanwhile, the EUR/USD edged higher, supported by U.S. government funding stability and global trade developments.42