Wall Street Opens Mixed as Tech, Crypto and Precious Metals Slide While Energy Leads
Executive summary: US equities opened with a defensive tone, as the S&P 500, Nasdaq Composite and Dow Jones all slipped modestly, while small caps underperformed more sharply. The heaviest pressure was concentrated in AI and chip stocks, Bitcoin, Ether and precious metals, while energy shares and natural gas moved higher. The pattern points to a market rotating away from high-beta risk assets and toward sectors tied to inflation, commodities and cash flow resilience. [Continue Reading]
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