Tech rout dents markets as Warsh Fed chair plan sparks gold and silver collapse
TL;DR Summary
Tech led a broad market retreat as major indexes slid while gold and silver plunged to multi-decade lows on news that Trump plans to nominate inflation hawk Kevin Warsh to head the Fed; bitcoin and other cryptos also logged monthly losses. Stock movers were mixed: Tesla and Deckers rose on company-specific catalysts, while gaming names fell after Google's AI-tool reveal and AI headlines weighed on tech shares.
- Tech drags down stocks; gold and silver plummet Sherwood News
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- Stocks slide as precious metals trade unwinds; Wall Street posts gains for January Investing.com
- Stock Market Today: Dow Sinks On Inflation, Fed News; Gold, Silver Stocks Plunge (Live Coverage) Investor's Business Daily
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