Markets Surge, Gold & Silver Hit Records

Stock markets closed last week on a high, driven by tech stocks rebound. Futures indicate a positive start to the holiday-shortened week. Gold and silver prices hit record highs, fueled by hopes for continued Fed interest rate cuts. Crude oil prices surged due to reports of U.S. Coast Guard actions against Venezuelan oil tankers. The Delaware Supreme Court reinstated Elon Musks 2018 pay package, and fintech firm Clearwater Analytics is going private in an $8 billion deal. Traders are monitoring inflation data and Fed signals for potential market impacts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.