US stocks are expected to rally in the coming months as the Trump administration overhauls the country’s tariff policy with its largest trade partners. The S&P 500 Index fell in early April after the US government announced sweeping “Liberation Day” tariffs, but the index has rallied since then amid delays on the import taxes and signs of progress on trade-policy negotiations. China and the US agreed last weekend to reduce duties...

Gold is increasingly in focus among traders, investors — and central banks. The precious metal, which has been used as a financial asset for millennia, is prone to dizzying rallies and deep slumps. But despite the commodity’s volatility, gold has repeatedly set records in recent years. Since March, investors have been increasing their holdings of gold, driven by concerns about the health of the economy and market volatility. Longer term, Goldman...

France has run the biggest fiscal deficit in Europe, and the government has struggled to rein in spending. However the French economy also has strengths that may help it outperform its neighbors as Europe boosts military spending and the continent faces the uncertainty of US tariffs, according to Goldman Sachs Research. France’s GDP is forecast by our economists to expand 0.5% this year, compared with no growth in Germany and 0.8%...