Wall Street Opens Deep in the Red as AI Chips, Tech and Energy Lead a Broad Risk-Off Move
Executive summary: U.S. equities opened sharply lower, with the Nasdaq Composite and S&P 500 under pressure as a steep selloff in AI and chip shares rippled across sectors. Gold, silver and some industrial metals gained as investors rotated toward defensive assets, while crude oil, banks and bitcoin also moved lower in a risk-off start to the session. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 14:45 LONDON
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Wall Street Opens Mixed as Tech Slumps, Banks Rally and Gold Surges on Risk Rotation
Executive summary: U.S. markets opened with a sharp split between cyclicals and growth, as the Dow Jones rose +1.6% while the Nasdaq Composite fell -4.1% and the S&P 500 slipped -1.7%. The move was led by a steep drop in tech and chip proxies, a strong bid for banks, and a powerful rally in gold and silver, suggesting investors are rotating away from high-duration growth exposure and toward financials and hard assets. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 14:45 LONDON
