Nasdaq futures spiked 0.66% as large-cap technology stocks rebounded sharply from last week’s sell-off, hinting at potential short-covering and algorithmic buying activity. The high valuation of large-cap stocks sends a clear message about the next decade for stocks. Aakash Doshi, head of gold strategy at State Street Investment Management, told Yahoo Finance that he expects the precious metal to reach $4,000 per ounce in the fourth quarter.
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