US stocks mixed amid cautious Fed comments, gold shines


FILE PHOTO: FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City

NEW YORK: Wall Street was mixed on Monday while gold jumped to an all-time high as investors weighed hawkish statements from the Federal Reserve against evidence of cooling U.S. inflation.

The tech-heavy Nasdaq led the pack with a boost from chips , while the blue-chip Dow dipped below 40,000 after closing on Friday above that level for the first time.

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