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Morning Movers: Market Volatility Picture, Gold's Momentum Driver

Schwab Network

Oct 21, 2025

Shana Sissel joins Diane King Hall at the NYSE to discuss the continued market rally despite a government shutdown. She says earnings are coming in strong as most companies set conservative guidance due to uncertain forecasts because of ongoing tariff policy. Shana says there aren't really any fundamental reasons to break through these current highs and points to the importance of China/U.S. trade relations. She does wave a yellow flag on inflation being higher from a year ago, and says volatility could continue into year end. Shana adds commentary on this year's central bank buying activity fueling Gold's run to all-time highs.

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