Rare earth rally makes sense if the U.S. starts building strategic reserves ,supply chain is a national security issue now.
Binance News
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U.S. Stock Market Opens Lower Amid Strategic Moves by Oracle and Rare Earth Companies
The U.S. stock market opened with declines as major indices showed downward trends. According to Jin10, the Dow Jones Industrial Average fell by 0.1%, the S&P 500 index decreased by 0.32%, and the Nasdaq Composite dropped by 0.39%. Oracle Corporation saw a rise of 3.8% in its stock price following the company's announcement of plans to raise up to $50 billion and initiate a U.S. dollar debt issuance. Meanwhile, shares of a U.S. rare earth company surged by 7.2% amid reports that U.S. President Donald Trump is considering establishing a $12 billion strategic reserve for critical minerals.
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