It's a mix on Tuesday: The S&P 500 (+0.21%), the Dow (+0.72%) and the Nasdaq (+0.07%) while the Russell 2000 (-0.1%) is off a bit.
Now, this year, all that glitters in the markets has been golden (and silvery). Gold, silver, platinum, palladium; you name it. They've had a fantastic run, outstripping the returns of global equity markets amid investors' drive toward safe havens.
Until today.
Precious metals are quite a bit less precious intraday. Gold (-5.1%) is joined by palladium (-6.5%), silver (-6.9%) and platinum (-7%), posting one of their worst daily declines in recent years. Mind you, those levels have also recovered a bit; they were worse earlier.
Tuesday Reading:.
Those declines might be a little harrowing for commodity investors after such a fantastic 2025 for the metals market. There, analysts have been enormously bullish about the prospects of higher highs for metals like gold.
And broadly, investors seem largely bullish on everything these days. On the equities side today, the mix in U.S. stocks reflects a series of earnings reports including automaker General Motors, defense contractor RTX, and drinks giant Coca-Cola.
TurboTax Via TheStreet
-- Noah Weidner, Markets Reporter
