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Futures Rise on AI Optimism, Tariff Shock: Gold Takes Center Stage
ByAinvest
Friday, Aug 8, 2025 8:40 am ET1min read
US equity futures rise 0.3% as S&P 500 tracks its biggest weekly gain in five. Nasdaq 100 futures gain 0.4% due to AI optimism from TSMC and Softbank. Intel rises after CEO Lip-Bu Tan said he has board backing, while Tesla slips after disbanding its Dojo team. Gold is in focus after US Customs clarified Swiss gold bars are subject to reciprocal tariffs. Commodities are mixed, with oil and precious metals higher. Yields are flat and USD is lower.
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