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Online money markets commodity-linked stocks underperformed
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Commodity-linked stocks underperformed in online money markets as gold futures retreated to $2,020/oz. Mining ETFs saw net outflows, signaling some unwinding of safe-haven positions as real yields edged higher. Learn More: 10 Genius Things Warren Buffett Says To Do With Your Money Money market accounts often offer savers access to higher-than-average yields while providing the convenience and accessibility of a checking account. In online money markets, the financials sector led gains with a 1.2% uptick, supported by stronger-than-expected earnings in major US banks. Short-term repo rates remained stable at 5.31%, indicating steady institutional demand for overnight funding. Equity investors remain selective in growth allocations.