Tech Earnings Hit Markets — Metals Fake Out & Oil Jumps #gold #Silver #oil

Markets spent most of the day under pressure as investors reacted to mixed technology earnings and cautious forward guidance. Concerns about margins and slowing growth weighed on sentiment across equities.

Precious metals saw a sharp morning rally on defensive flows, but gold and silver pulled back later as the U.S. dollar firmed and Treasury yields stabilized. Oil moved higher on supply concerns and steady demand expectations, adding another layer to the inflation outlook.

This type of rotation shows how sensitive markets remain to earnings and rate expectations.

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