Stocks Resume Rise; Gold Rushes to Record Ahead of Busy Week

Stocks Resume Rise; Gold Rushes to Record Ahead of Busy Week
People walk outside the New York Stock Exchange (NYSE) at Wall Street in New York City on July 13, 2020. Johannes Eisele/AFP via Getty Images
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NEW YORK—Wall Street is resuming its rise on July 27, while gold rushes to a record at the start of a week packed with potentially market-moving events.

The S&P 500 was 0.5 percent higher in afternoon trading following mixed, modest moves for stocks overseas. Nervousness was still hanging over markets, though, and gold shot above $1,940 per ounce to touch its highest-ever price. Treasury yields also remain close to their lowest levels in months.