Wall Street Opens Mixed as Metals Surge, Dollar Slides and Bitcoin Slips Ahead of the Session
Executive summary: US equities opened with a mixed tone, with the S&P 500, Nasdaq Composite and Russell 2000 slightly higher while the Dow Jones slipped. The clearest early moves were in commodities and FX, gold, silver, platinum and palladium all jumped, USD/JPY fell sharply, and bitcoin weakened. The setup points to a market balancing higher commodity prices, a softer dollar and selective strength in AI and energy shares against pressure in defense stocks and crypto. [Continue Reading]
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