Wall Street in the Red - US Retail Sales Rise - DAX Slightly Declines - Gold and Silver at new Record Levels - oil Price Climbs - Intel Sees Huge Demand for Server Processors - MS Drug Briumvi Drives Growth for TG Therapeutics - Indian IT Service Provider Infosys Upgrades on Optimistic Outlook
Reading Time: 8 minutes
Tech megacaps weigh on markets The US stock markets are recording their first consecutive losses in 2026. Technology stocks are particularly under pressure: The Nasdaq 100 falls by 1%, led by NVIDIA (-2.03%) . Bank stocks also show mixed reactions: Wells Fargo (-5.02%) disappoints with missed profit estimates, Bank of America (-4.70%) suffers from cost concerns, while Citigroup (-2.55%) benefits from rising consulting fees. Geopolitical risks further dampen the mood but drive the oil price (Brent: +1.00%/WTI: +0.71%) and gold price (+0.40%)...
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