Wall Street Opens Higher as Rotation Broadens Beyond Tech, Gold and Crypto Extend the Risk-On Bid
Executive summary: US equities opened firmly higher, with the Nasdaq Composite, S&P 500 and Dow Jones all advancing, while investors rotated into financials, defense, precious metals and crypto. The move came alongside a sharp pullback in WTI crude and a notable slide in chip stocks, suggesting a market that is still rewarding select risk assets while punishing parts of the AI trade. [Continue Reading]
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