Wall Street Opens Mixed as Energy Surges, Chips and Defence Slide on Geopolitical Shock and Commodity Swings
Executive summary: US equities opened mixed, with the S&P 500 edging higher while the Nasdaq Composite, Dow Jones, and Russell 2000 slipped. The clearest early winners were energy stocks, which jumped alongside WTI crude, while natural gas tumbled sharply. Risk-sensitive areas including chips, defence, autos, and small caps were under pressure, suggesting investors were rotating toward energy exposure and away from cyclical and rate-sensitive pockets as Middle East tensions kept commodity markets volatile. [Continue Reading]
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