Stocks Mixed; ‘Indestructible’ Gold Passes $2,100

LONDON/SYDNEY—Global shares were mixed on Monday, while gold spiked to all-time peaks above $2,100 at the start of a busy week for economic data that will test market wagers on rate cuts from major central banks next year.
MSCI’s broadest index of world shares rose 0.1 percent after hitting a fourth month high in earlier trading. However, Europe’s STOXX 600 benchmark fell 0.1 percent.
European retailers enjoyed an early “Santa Rally” as the index of top retailer shares traded up 1.1 percent to its highest since March 2022. But any early holiday cheer was offset by losses in the basic resources index, which fell 1.7 percent, undermined by lower copper prices….