×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Copper | Gold | Nasdaq Are 2010s Big Winners

Copper, Gold, Nasdaq Are 2010's Big Winners

Wednesday, 29 December 2010 01:52 PM

With just a few trading sessions to go, commodities in the shape of copper and gold and U.S. over-the-counter stocks look to be 2010's big winners.

Copper has gained around 26.7 percent so far this year, followed by gold with 26.4 percent and the Nasdaq stock index, which has gained 18.5 percent.

Which asset was the biggest loser on a list compiled by Reuters? Greek 10-year government debt, which has lost 34.7 percent in dollar terms and 28.7 percent in euros.

Many of the 2010 gains made by riskier assets such as stocks came after an August speech by Federal Reserve Chairman Ben Bernanke.

In it, Bernanke made clear the Fed was willing to buy more assets in order to pump liquidity into the then-slowing U.S. economy.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
With just a few trading sessions to go, commodities in the shape of copper and gold and U.S. over-the-counter stocks look to be 2010's big winners. Copper has gained around 26.7 percent so far this year, followed by gold with 26.4 percent and the Nasdaq stock index, which...
Copper,Gold,Nasdaq Are 2010s Big Winners
127
2010-52-29
Wednesday, 29 December 2010 01:52 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved