XME

Newmont shares fell in premarket trading as gold prices dropped. The move is linked to technical support levels and analyst ratings.

Cleveland-Cliffs shares jumped 5% without a clear catalyst, outperforming other steel companies. The gap in year‑to‑date performance with Nucor suggests a potential trading opportunity.

The Nasdaq 100 hit an intraday record driven by AI enthusiasm, while financial stocks fell nearly 2% and crude oil fell for a fifth straight day.

Bitcoin surpassed $80,000, boosting crypto‑linked stocks, but the S&P 500 slipped as the 10‑year Treasury yield rose above 5%.

Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce.

Crude oil fell 3.6% after a Saudi pipeline restart, easing yields and lifting chip stocks. The market awaits the Fed’s first rate hike since 2023.

The Nasdaq 100 slipped as AI leaders warned of a slowdown, the 10‑year yield briefly topped 5%, and oil rose above $102.