Gold prices have reached record highs, surpassing $3,000 per troy ounce, as investor anxieties grow over President Trump's tariff policies and economic slowdown fears.

Gold prices surged above $3,000 for the first time, driven by uncertainty from Donald Trump's tariffs and high inflation, as investors flocked to safe-haven assets.

The S&P 500 index has fallen into correction territory, reflecting investor fears about the impact of inconsistent policies from the Trump administration, including tariffs and federal layoffs.

Stocks fell sharply following the implementation of President Trump's tariffs on Canada, Mexico, and China, with concerns for the global economy increasing among investors. The S&P 500 and Nasdaq Composite experienced significant fluctuations as market reactions varied throughout the day.

Matt Maley, chief market strategist at Miller Tabak, suggests that investors can capitalize on the recent positive financial results of Workday and Lowe's, despite some concerns regarding consumer spending and market conditions.