"The markets appear to be on the road to recovery after yesterday's sell-off. President Trump revealed he would not exert extreme force in his pursuit to acquire the territory of Greenland. He also predicts that the U.S. stock market is poised to double in value sooner than later. Big Tech stocks are mixed, with chipmakers Nvidia ( Nasdaq; NVDA) and Micron Technology ( Nasdaq; MU) recapturing ground while Microsoft ( Nasdaq: MSFT) and Broadcom ( Nasdaq: AVGO) are seeing red."
"While stocks have been under pressure of late, precious metals are having their day in the sun. Both gold and silver prices have witnessed fresh all-time highs, and with momentum on its side, gold is within striking distance of the key $5,000/ounce area. Here's a look at where things stand as of morning trading: Dow Jones Industrial Average: 48,685.89 Up 197.30 (+0.41%) Nasdaq Composite: 23,000.90 Up 57.58 (+0.25%) S&P 500: 6,826.71 Up 30.85 (+0.45%)"
Markets appear to be on the road to recovery after a recent sell-off as major indices tick higher in morning trading. President Trump stated he would not use extreme force regarding Greenland and predicted the U.S. stock market could double in value. Big Tech performance is mixed: Nvidia and Micron are recapturing ground while Microsoft and Broadcom lag; Intel gained about 7% early. Precious metals are rallying, with gold and silver reaching fresh highs and gold approaching the $5,000/ounce level. Specific market movers include Nvidia's CEO remark about past stock sales, Netflix sliding amid Warner Bros bid concerns, and Citi lowering Apple's price target.
Read at 24/7 Wall St.
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