Gold Surges, Global Stocks Slide As "Super Thursday" Risks Loom
![Gold Surges, Global Stocks Slide As "Super Thursday" Risks Loom Gold Surges, Global Stocks Slide As "Super Thursday" Risks Loom](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/19241bcff155c1df3750bbd085e1d82f-500x281.jpg?itok=142-jAdO)
With traders realizing that the "Thursday Turmoil Trifecta" looms, world stocks dropped and safe-haven assets rose as investors focused on the growing tension in the Middle East, while caution spread across markets in a week full of risk events including James Comey’s congressional testimony to the ECB’s policy meeting and Britain’s increasingly uncertain election, all in the span of 24 hours. As a result, European and Asian stocks as well as S&P futures all fell, while gold, yen and Treasuries gained.