Newmont Goldcorp Corp is trading 5.5% down at $102.36 today as a broader U.S. equity sell-off and profit-taking pressure the stock following a multi-week rally.
- A strong jobs report has triggered a risk-off mood across the market, weighing on risk assets and the broader equity tape.
- Investors are locking in gains in the gold mining sector amid renewed fears that the Federal Reserve will maintain a higher-for-longer interest rate policy.