US Futures Are Rallying — Gold Halts The Collapse

YouTube/NtrTainUsAfter a very volatile day in markets yesterday, today is already looking for more calm.

Remember, US stocks got clubbed to the tune of 2.5% yesterday, as the collapse in commodities (especially precious metals) made its way into equities.

Today US equity futures are pointing higher (by about 0.5%).

Gold has stopped its collapse, and is up modestly, although it’s still only at $1372/oz. far below where it started the week.

European stocks are down a bit.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at