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On August 8, the U.S. stock market opened positively in Wall Street trading. At the opening, the Dow Jones Industrial Average rose 0.17%, the S&P 500 climbed 0.29%, and the tech-heavy Nasdaq Composite Index increased by 0.36%.
It is worth noting that, influenced by the latest trade situation, gold-related stocks generally show a pump trend. Among them, Harmony Gold's stock price rose by 0.63%, K92 Mining's stock price increased by 0.5%, while Newmont Corporation's stock price even surpassed a 1% rise.
This phenomenon reflects investors' concerns about global economic uncertainty, prompting them to shift funds towards gold-related stocks, which are seen as safe-haven assets. Nevertheless, the overall market remains optimistic, with major stock indices showing a rise.
Analysts point out that the future market direction will continue to be influenced by factors such as the progress of trade negotiations, global economic data, and the monetary policies of various central banks. Investors need to closely monitor this key information in order to timely adjust their investment strategies.