Market Recap: Dow Falls 0.58% as Trump's Greenland Tariff Drama Unfolds; Silver Surges 7.3% to Record High

The U.S. market closed with a mixed performance as geopolitical tensions and sector rotations shaped trading. The Dow Jones Industrial Average fell 0.578% to 49,098.71, while the Nasdaq Composite rose 0.278% to 23,501.24 and the S&P 500 edged up 0.033% to 6,915.61. Commodities saw explosive gains, with silver surging 7.298% to $103.405/oz and gold hitting $4,984.0 (+1.437%). Energy and materials sectors outperformed (+1.59% and +1.05%), while industrials and financials declined. Market sentiment remains cautious amid Trump’s shifting tariff threats and AI-driven supply chain disruptions.

Hot Stocks

Tech Giants:

• Microsoft (MSFT): +3.28%
• Amazon (AMZN): +2.06%
• Meta (META): +1.72%
• Nvidia (NVDA): +1.53%
• Tesla (TSLA): -0.07%
• Apple (AAPL): -0.12%
• Alphabet C (GOOG): -0.73%

Notable Movers:

• Ericsson (ERIC): +8.87%
• IREN (IREN): +8.46%
• Live Nation (LYV): +6.39%
• Fortinet (FTNT): +5.18%
• DraftKings (DKNG): -5.22%

Analysts Opinions

Analysts highlighted Trump’s volatile Greenland tariff rhetoric as a key driver, with the AP noting the S&P 500’s 0.2% weekly loss and Intel’s 14.7% plunge due to weak guidance. Morningstar emphasized energy and tech as top picks, while Morgan Stanley warned of dollar weakness ($DXY near 94). Bond markets saw 10-year yields dip to 4.25%, reflecting flight-to-safety demand. Intel’s supply chain challenges and AI-driven memory shortages were flagged as near-term risks.

Macro & Corporate News

1. Trump’s Greenland Tariff Flip-Flop

President Trump’s abrupt reversal of 10% tariff threats on European countries stabilized markets but left uncertainty. Gold surged to $4,984 as investors sought safe havens amid geopolitical volatility.

**2. Intel’s Supply Chain Woes. Intel’s 14.7% plunge underscored broader semiconductor sector risks. CFO David Zinsner cited supply shortages, with AI-driven demand pushing memory prices up 40-50% in Q1 2026.

**3. Netflix’s $82.7B Warner Bros. Acquisition The streaming giant’s all-cash buyout of WBD’s film/TV assets intensified competition with Paramount Skydance, which extended its $30/share bid deadline. The deal adds iconic franchises like HBO and Game of Thrones.

**4. Binance’s Tokenized Stock Resurgence Binance plans to relaunch tokenized stock trading, offering fractional shares via blockchain. The move aligns with growing crypto adoption but faces U.S. regulatory hurdles.

**5. Silver’s Record Rally Silver hit $103.405/oz (+7.3%) as central banks and investors diversified reserves. Analysts at Goldman Sachs raised gold price targets to $5,400, citing de-dollarization trends and AI-driven energy demand.

**6. Autodesk’s AI-Driven Workforce Restructuring Autodesk cut 1,000 jobs (7% of staff) to redirect $150M toward AI investments. CEO Andrew Anagnost emphasized strategic realignment over AI replacing human roles.