Wall Street closes higher as Meta surges, oil jumps and megacap tech powers a broad risk-on session
Executive summary: US stocks finished higher, led by a sharp rally in Meta and gains across Apple, Nvidia, Microsoft and Amazon. The move came alongside a powerful jump in WTI crude, firmer energy and financial shares, and a stronger tone in crypto and industrial metals. Some defensive and rate-sensitive pockets lagged, including silver, defence stocks and parts of the chip complex. [Continue Reading]
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Wall Street Opens Mixed as Oil Shock Lifts Energy, Tech and Chips Outperform
Executive summary: US stocks opened mixed, with the S&P 500 and Nasdaq higher while the Dow and Russell 2000 slipped. The biggest move was in crude oil, which jumped more than 11%, lifting energy shares and helping offset weakness in defense, gold, silver and small caps. Tech and chip stocks also outperformed, while Bitcoin and the dollar were softer. [Continue Reading]

