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Global stocks rose on strong tech earnings and AI news, but gold and silver plunged after Fed chair nominee Warsh sparked fears of tighter policy.
Global stock markets rose Monday as Wall Street rebounded from earlier losses, lifted by strong tech earnings and positive AI-related news, while the S&P 500 ended a three-day slide.
The Dow, S&P 500, and Nasdaq all gained, led by computer storage and healthcare stocks.
Precious metals plunged sharply—gold dropped 5%, silver fell over 7%—after the Federal Reserve chair nomination of Kevin Warsh, sparking fears of tighter monetary policy and a stronger dollar.
Oil prices dropped over 4% on hopes of de-escalation in U.S.-Iran tensions, and Asian markets declined amid tech sector weakness.
The dollar strengthened, and investors turned focus to upcoming corporate earnings and central bank decisions.
Las acciones globales subieron con fuertes ganancias tecnológicas y noticias de IA, pero el oro y la plata se desplomaron después de que el candidato a presidente de la Fed Warsh despertara temores de una política más estricta.