Wall Street opens mixed as tech and crypto rally, banks and small caps lag, oil slides
Executive summary: US equities opened with a split tape, led by gains in technology and semiconductor shares while banks, small caps and defense stocks weakened. Bitcoin surged more than 4%, gold extended its advance, and WTI crude fell nearly 4%, reinforcing a market backdrop shaped by softer energy prices, stronger risk appetite in growth assets, and ongoing sensitivity to rates and yields. [Continue Reading]
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Wall Street opens mixed as banks, defence and energy slide, while tech and chips hold the line
Executive summary: US equities opened mixed, with the S&P 500, Dow Jones and Russell 2000 lower, while the Nasdaq edged higher. The early tone was shaped by weakness in banks, defence, energy and small caps, partly offset by gains in tech and semiconductor shares. Gold also firmed, while crude oil and bitcoin slipped, pointing to a cautious start to the session. [Continue Reading]

