Wall Street opens mixed as AI chips surge, Nasdaq leads, banks and Dow lag
Executive summary: US stocks opened with a sharp split at the start of trading, led by a powerful rally in AI and chip shares that lifted the Nasdaq Composite and the broader tech complex. Defensive and rate-sensitive corners were weaker, with banks, defence stocks and the Dow Jones all under pressure. Commodities were mixed, silver and platinum advanced while gold, oil and palladium slipped, and Bitcoin extended its rebound. [Continue Reading]
Sponsored
Tokyo closes sharply higher as Nikkei surges, Hang Seng and Kospi slip, metals stay bid
Executive summary: Tokyo led Asia-Pacific trading with a powerful rally, as the Nikkei 225 jumped +6.8% to a fresh high in the supplied data. The move contrasted with losses in Hong Kong and Seoul, while silver and platinum extended gains and gold eased slightly. The yen weakened modestly against the dollar, oil was little changed, and the cross-asset tone pointed to a market still balancing growth optimism, rate expectations, and commodity-led inflation signals. [Continue Reading]

