Dow Jones Extends Record Highs, Silver Hits $80: What's Moving Markets Tuesday?
Wall Street experienced a strong rally on Tuesday, with the Dow Jones Industrial Average reaching record highs, up nearly 1%. Silver prices surged above $80 an ounce, while platinum and palladium also saw significant gains. Chipmakers like Sandisk and Western Digital performed well, driven by expectations of rising memory prices. However, energy stocks lagged due to falling oil prices, with Chevron dropping nearly 4%. Overall, major indices showed positive performance, with the Nasdaq up 0.9% and the S&P 500 rising 0.6%.
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