The Dow Jones and other major stock indexes opened February with gains, signaling a positive start to the month for investors. Strong corporate earnings and encouraging economic data helped lift market sentiment and drive the indexes higher. Technology and industrial stocks led the upward movement, reflecting investor confidence in growth prospects.
Gold and silver rebounded after recent declines as traders looked for safe-haven assets amid ongoing global uncertainties. The precious metals saw increased demand, providing support for their prices. In contrast, oil prices fell due to concerns over demand and rising inventories, which impacted energy sector stocks and prompted market participants to adjust their strategies.
The session highlighted cautious optimism as investors balanced opportunities for gains against potential risks in the global economy.
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