Wall Street Opens Mixed as Tech and Chips Slide, Energy Sinks, and Gold Holds Firm
Executive summary: US equities opened mixed, with the Dow essentially flat while the S&P 500 and Nasdaq slipped. The early tone was defined by a sharp selloff in energy and semiconductor shares, alongside firmer gold and natural gas prices. The move points to a market that is rotating away from cyclical and high-beta exposures at the open, while still showing pockets of strength in defensive and commodity-linked assets. [Continue Reading]
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