Wall Street Opens Mixed as Tech Leads, Oil Jumps and Gold Slips on Hawkish Risk Tone
Executive summary: US equities opened mixed, with the Nasdaq and S&P 500 higher while the Dow and Russell 2000 slipped. Tech and energy outperformed early, while gold, bitcoin and defence stocks weakened as oil surged and the dollar firmed against the yen. The move points to a market balancing stronger growth-sensitive sectors against a sharper inflation and rates backdrop. [Continue Reading]
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