Wall Street closes sharply lower as AI, tech and energy selloff deepens, while gold and silver catch a safe-haven bid
Executive summary: U.S. stocks ended the session under heavy pressure, led by a steep drop in AI and chip shares, a broad tech retreat, and weakness in energy. The Nasdaq Composite fell 3.4%, the S&P 500 lost 2.7%, and the Russell 2000 slipped 2.1%, while gold and silver rallied as investors rotated toward defensive assets. Amazon and Microsoft were notable gainers in a bruising tape, but Nvidia, Tesla, and the SOXX chip ETF were hit hard. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 21:15 LONDON
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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
Tokyo and Asia-Pacific close mixed as Nikkei and Kospi slump, gold and Hang Seng rally
Executive summary: Asia-Pacific trading ended sharply mixed, with Japan and South Korea suffering heavy losses while Hong Kong, Australia and precious metals advanced. The Nikkei 225 fell -9.3% and the Kospi dropped -11.7%, while the Hang Seng gained +5.0% and gold rose +2.1% above $4,050. The move points to a broad risk reset across regional equities, with currency and commodity moves adding to the cross-asset volatility. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 07:45 LONDON
Tokyo Opens Under Pressure as Nikkei and Kospi Extend Sharp Selloff, While Hong Kong Rallies and Gold Surges
Executive summary: Tokyo and broader Asia-Pacific trading opened with a stark split, as Japan and South Korea were hit by heavy selling while Hong Kong advanced strongly. The Nikkei 225 fell -9.6% and the Kospi dropped -13.9%, while the Hang Seng rose +8.0%. Safe-haven demand was visible in gold, which climbed above $4,098, alongside gains in silver, platinum and palladium, even as WTI crude eased and the yen weakened slightly against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 01:15 LONDON
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Wall Street closes sharply lower as AI, tech and cyclicals unwind, while gold and silver catch a safe-haven bid
Executive summary: U.S. equities ended the session under heavy pressure, led by a steep selloff in Nasdaq-linked technology and chip names. The S&P 500, Nasdaq Composite and Russell 2000 all fell sharply, while gold, silver and palladium advanced as investors rotated toward defensive assets. The move was broad, with energy, autos, defence and crypto also under strain, even as a few pockets such as Amazon, Microsoft and banks held up better than the wider market. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 21:15 LONDON
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
Oil falls below $100 as markets bet on possible Iran war de-escalation after U.S. midterm shift
Oil prices fell below $100 a barrel after Brent and West Texas Intermediate both dropped more than 8% in the previous session, as traders reacted to the Republican Party losing control of Congress in the U.S. midterm elections. The move reflected a growing market view that the political shift in Washington could increase the chances of a negotiated end to the war involving the United States, Israel and Iran. Brent closed at $94.62 a barrel and WTI at $88.12, both their lowest levels since 31 August.The decline came after the Republican defeat, which left President Donald Trump facing a Congress... [Continue Reading]
360LiveNews | 05 Nov 2026 12:29 LONDON
Tokyo Close: Nikkei Slides as Asia Splinters, Hong Kong Surges, Gold and Oil Swing Hard
Executive summary: Asia-Pacific trading ended with a sharp split, as Japan and South Korea sold off while Hong Kong and Australia advanced. The Nikkei 225 fell -5.5% and the Kospi dropped -9.3%, while the Hang Seng jumped +7.8% and the ASX 200 rose +1.9%. Commodities were equally active, with gold up +3.9% and WTI crude down -8.9%, a combination that points to a major rotation in risk appetite and sector leadership. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 07:45 LONDON
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