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What’s News in Markets: Gold Tarnishes, Not-So-Super Micro, Micron Peak?

3/21/20267 min

Why are investors turning away from gold? And why weren’t Micron Technology’s blowout earnings good enough? Plus, why is Super Micro’s co-founder in hot water with U.S. prosecutors? Host Hannah Erin Lang discusses the biggest stock moves of the week and the news that drove them.
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First 90 seconds
  1. Speaker 00:00

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  2. Speaker 1· Host0:30

    Hey, listeners, Your Money Briefing is on a break, but it will be back with more personal finance information for you in the future. Until then, here's the news moving markets this week.

  3. Hannah Erenlang· Host0:40

    [upbeat music] Hey, listeners, it's Saturday, March twenty-first. I'm Hannah Erenlang for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. The vibes in financial markets did not get much better this week. There were a lot of big losers, including gold and the companies that mine the precious metal, chipmaker Micron Technology, in spite of its eye-popping earnings, and Super Micro Computer, whose co-founder got on the wrong side of US prosecutors this week. But more on that later. First, let's talk about oil, which is really all that anyone is talking about since the war in Iran began three weeks ago. At the beginning of the week, US stocks shrugged off energy concerns, rising

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