Archive · 21 May 2025

US Markets Open Lower, Gold and Oil Rise

US Markets Open Lower, Gold and Oil Rise

The stock market started the day down.

This happened because the cost of borrowing money went up, and people are worried about the economy.

Some companies did poorly, like Target, but others, like Lowe's, did well.

Gold and oil prices went up.

This is because people are buying gold when they are unsure of the market.

Oil prices went up due to tensions in the Middle East.

Some markets in Europe and Asia also showed mixed results.

Sources