Gold and silver prices neared record highs as President Trump’s threats to acquire Greenland rattled global markets, driving investors towards safe-haven assets. The dollar weakened, and U.S. stocks and bonds saw a selloff, with investors seeking refuge from escalating trade war risks and seeking stability.
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record close
The Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq soared to a