Global markets faced a turbulent session as major US indexes declined sharply following a weak performance from Microsoft shares. The Dow Jones Industrial Average and the S&P 500 slipped while the Nasdaq experienced heavier losses. Investors reacted to mixed corporate earnings with a focus on technology companies, as Microsoft struggled despite reporting strong revenue and profits. Concerns over cloud growth and artificial intelligence spending weighed on sentiment and contributed to the broader market decline.
Meanwhile precious metals experienced historic highs with gold and silver reaching record levels before pulling back. Safe haven demand fueled the surge as economic uncertainty and global tensions drove investors toward these assets. Gold climbed toward new peaks while silver briefly exceeded its previous record levels before profit taking led to a modest retreat. Analysts suggest that safe haven interest and industrial demand could continue to support prices in the coming months despite the short term pullback.
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