Gold Jumps as Stocks Sell Off Suddenly

Stocks are suddenly pulling back sharply at midday

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MIDDAY MARKET CHECK     2/20/2020
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Stocks Fall Quickly, Gold Hits Fresh Highs By Lillian Currens Share On Stocks are suddenly selling off sharply at midday, with the Dow Jones Industrial Average (DJI) down almost 300 points at last check. The losses are just as deep for the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), while gold prices surge to fresh highs amid the risk-off trading. At last check, April-dated gold futures were trading up 0.8% at $1,624.10 per ounce. Similarly, the Cboe Volatility Index (VIX) is making a double-digit percentage move to the upside, while the technology sector is taking one of the biggest hits so far. Continue reading for more on today's market, including: >> Continue reading...
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