The S&P 500 and the Nasdaq retreated on Tuesday as Federal Reserve Chair Jerome Powell warned the U.S. economic recovery remained far from complete, with a selloff in some of the biggest technology companies also weighing on sentiment.
EOS was trading at $2.8038 by 16:34 (15:34 GMT) on the Investing.com Index on Tuesday, up 10.25% on the day. It was the largest one-day percentage gain since October 6.
U.S. stock markets opened mixed on Tuesday, pausing for breath after strong gains on Monday in anticipation of a deal on a fresh package of stimulus measures for the economy.
Gold’s standing as a safe-haven became more questionable on Friday as its prices dipped despite President Donald Trump testing positive for the coronavirus. The dollar, the yellow metal’s nemesis, gained instead, once again highlighting the bizarre relationship between the two in recent months.
The pound swung between gains and losses against the dollar Thursday as traders mulled differing headlines that suggest little progress on the U.K. and EU breaking the deadlock in Brexit talks.