Peter Tuchman, Senior Floor Trader at TradeMas, joins Patricia Wu at the New York Stock Exchange to discuss the current state of the markets, which continue to reach record highs, particularly with the Nasdaq and S&P 500.
Peter highlights the ongoing AI revolution, with substantial capital flowing into this sector, particularly benefiting companies like NVIDIA. Despite gold prices rising above $3,400, we note the unusual scenario of both gold and stock markets performing well simultaneously, as investors seek security in various assets.