01 Stock Market
Wall Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average reached a record high.
The Dow Jones Industrial Average up 0.99% at $49,462.08; the S&P 500 up 0.62% at $6,944.82; and the Nasdaq Composite up 0.65% at $23,547.17. The gains were broad-based across large-cap technology and select growth names, with investors digesting fresh AI ecosystem developments and corporate headlines tied to semiconductors, autonomy, and healthcare.
Unusual-move stocks saw sharp swings across AI, EVs, biotech, and space. Micron (MU) up 10.02% at $343.43; SanDisk (SNDK) up 27.56% at $349.63; Alumis (ALMS) up 95.31% at $16.23; Rocket Lab (RKLB) up 10.10% at $86.03; Amazon (AMZN) up 3.38% at $240.93; Microsoft (MSFT) up 1.20% at $478.51; Nvidia (NVDA) down 0.47% at $187.24; AMD (AMD) down 3.04% at $214.35; Apple (AAPL) down 1.83% at $262.36; Palantir (PLTR) up 3.26% at $179.71; Alphabet (GOOG) down 0.87% at $314.55; Tesla (TSLA) down 4.14% at $432.96; Oklo (OKLO) up 7.01% at $95.60; iShares Silver Trust (SLV) up 6.70% at $73.71; ProShares Ultra Silver (AGQ) up 13.49% at $204.50; Direxion Daily Semiconductor Bull 3X (SOXL) up 9.73% at $54.01; ProShares UltraPro QQQ (TQQQ) up 2.63% at $55.01; Invesco QQQ (QQQ) up 0.88% at $623.42; Direxion Daily Semiconductor Bear 3X (SOXS) down 9.85% at $2.38.
Broader movers included Novo Nordisk (NVO) up 2.09% at $56.26 on weight-loss pipeline momentum; Hesai (HSAI) up 10.47% at $26.79 amid AV ecosystem partnerships; Taiwan Semiconductor (TSM) up 1.61% at $327.43, PDD up 3%; Moderna up 11%; and ETFs like VOO up 0.59% at $636.21, SPY up 0.59% at $691.81, and QQQ up 0.88% at $623.42. Investors focused on memory-cycle strength, autonomy hardware tie-ups, and select biopharma catalysts while keeping an eye on EV demand signals.
02 Other Markets
U.S. 10-year Treasury yield rose by 0.00%, latest at 4.18.
USD/CNH rose 0.0000%, at 6.98; USD/HKD fell 0.0167%, at 7.79.
U.S. Dollar Index fell 0.0061%, at 98.59.
WTI crude futures fell 0.18%, at 57.03 USD/bbl; COMEX gold futures rose 0.31%, at 4510.10 USD/oz.
03 Top News
Gold and Silver Extend Rally; UBS Sees Gold Climbing to $5,000 by End of Q1
Gold will reach $5,000/oz by the end of the current quarter, propelled by central bank buying, growing fiscal deficits, lower U.S. interest rates, and ongoing geopolitical risks, as tight supply and rising demand should support higher prices for many commodities in 2026, according to UBS Wealth Management head of commodities Dominic Schnider.
The bank said it is raising its gold price target to $5,000 for the first three quarters of 2026, then sees gold pulling back to $4,800 by year-end 2026 - $500 higher than its previous forecast of $4,300.
Micron, Sandisk, Memory Stocks Continue to Soar Amid AI Demand
Memory and storage stocks jumped again on Tuesday, as investors continue to flock to the space amid the artificial intelligence spending boom.
Micron (MU) shares rose more than 10%, while Sandisk (SNDK) surged nearly 27%. Western Digital (WDC) and Seagate Technology (STX) saw gains of 17% and 14%, respectively. Over the past year, gains in the aforementioned companies have topped more than 200%, and in the case of Sandisk, more than 600%.
MSCI Drops Plan to Exclude Digital Asset Treasury Firms, to Launch Broader Review
MSCI said on Tuesday it will not proceed with a proposal to exclude digital asset treasury companies, or DATCOs, from its indexes, but will launch a broader consultation on how non-operating companies should be treated.
MSCI said it would maintain the existing treatment of companies on its preliminary list of DATCOs, defined as those whose digital asset holdings account for 50% or more of total assets.
Sources: Reuters, Dow Jones, Tiger Newspress, public market data
Disclaimer: This content is for reference only and does not constitute investment advice.
