Wall Street starts cautiously – DAX defies commodity turbulence: Leading index in positive territory – Gold crash after Warsh nomination – 58 billion mega-deal: Devon Energy acquires Coterra – AI bets: Oracle plans 50 billion financing – Trump’s "Project Vault" boosts mining stocks – Disney impresses, defense weakens – Musk plans SpaceX merger with xAI
Reading Time: 11 minutes
Wall Street takes a cautious step into February - Volatile stock markets after metal rally The US markets begin February on a subdued note, as the previously spectacular rally in precious metals begins to recede. Following Friday's massive sell-off, the S&P 500 swings between gains and losses, while the US dollar strengthens against most major currencies. Gold remains under pressure, down 2.03%, marking its largest decline in over ten years. Oil also falls, dropping 4.5% after US President Donald Trump announces talks with Iran . ...
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