Gold Gains As V-Shaped Recovery Puts Lipstick On Otherwise Pig Of A Day For Stocks

US equities traded lower again on Wednesday, as investors leaned into areas of relative safety and out of Tech, Consumer Discretionary, and Communication Services stocks. However, there was a V-shaped recovery that began shortly before Europe closed that put some much-needed lipstick on an otherwise pig of a day. The Dow outperformed (trading in an incredibly narrow closing range for the last 6 days - 44922, 44911, 44946, 44912, 44922, 44938)