Wall Street Rallies, Gold Breaks Records, AI Stocks Surge
U.S. stocks jumped Monday as President Trump struck a calmer tone on China after last week’s tariff threats. By mid-morning, the S&P 500 rose 1.3%, the Nasdaq 1.8%, and the Dow 1.0%.
AI excitement drove tech higher: Broadcom soared 6% on a landmark AI chip partnership with OpenAI, while Oracle’s upcoming AI event and earnings from ASML and TSMC kept investor attention on semiconductors.
Gold prices hit fresh records, with futures topping $4,115/oz and silver also setting all-time highs as investors rushed to safe havens amid trade uncertainty.
Oil rebounded from five-month lows, with Brent at $63.65 and WTI at $59.97, helped by easing supply fears and a fragile Gaza ceasefire.
👉 Takeaway: Markets are riding a mix of softer trade tensions, AI-fueled optimism, and record-breaking gold demand — but U.S.-China risks still cast a shadow.