US Market Summary: Gold Surges 2.27%, Silver Jumps 7.21% as Trump's Greenland Gambit and Fed Probe Shake Markets; CoreWeave (CRWV) Soars 13.8%

The US market closed with a mixed tone on January 12, 2026, as geopolitical tensions and commodity surges offset modest gains in major indexes. E-Mini S&P 500 Futures rose 0.17% to $7,017.0, while E-mini Dow Jones Industrial Average Futures climbed 0.15% to $49,803.0. The E-Mini Nasdaq 100 Futures lagged slightly with a 0.11% gain to $25,966.0. Commodities outperformed, with gold futures surging 2.27% to $4,602.9 and silver hitting a record 7.21% gain to $85.060. Sectors were split: Materials (+1.70%) and Consumer Staples (+1.27%) led gains, while Health Care (-0.21%) and Financials (-0.36%) dragged. The day’s volatility was driven by Trump’s Greenland push and a criminal probe into Fed Chair Powell.

Hot Stocks

Tech Giants:

• CoreWeave (CRWV): +13.81%
• MACOM Technology (MTSI): +11.90%
• Unity (U): +5.78%
• Tesla (TSLA): +1.21%

Chinese ADRs:

• Alibaba Group (BABA): +10.55%
• Baidu (BIDU): +5.81%

EVs & Energy:

• Xpeng (XPEV): +8.67%
• Western Digital (WDC): +6.08%
• Hecla Mining (HL): +9.00%

Small-Cap Movers:

• Envirotech Vehicles (EVTV): +411.77%
• Lulu's Fashion (LVLU): +76.37%
• Wheels Up Experience (UP): +53.11%

Macro & Corporate News

Trump's Greenland Gambit Sparks Arctic Infrastructure Play

President Trump’s renewed push to acquire Greenland triggered a surge in Arctic resource and defense-linked stocks. Critical Metals (CRML) and MP Materials (MP) gained traction as investors bet on rare earth supply chain opportunities. The move also boosted copper (+1.66%) and energy infrastructure stocks, reflecting concerns over Arctic resource control.

Fed Probe Sparks Safe-Haven Rally: Gold and Silver Hit Records

A criminal investigation into Fed Chair Jerome Powell by the Trump administration sent gold and silver to historic highs. Gold futures rose 2.27% to $4,602.9, while silver surged 7.21% to $85.060. European stocks also rallied, with Germany’s DAX hitting a record 25,405.34 as investors questioned central bank independence.

ASP Isotopes Completes $168M Deal to Boost Nuclear Energy Infrastructure

ASP Isotopes (ASPI) surged after finalizing a $168 million acquisition of Renergen Limited, expanding its helium and natural gas production. The deal, backed by $750 million in U.S. government financing, positions ASPI as a key player in clean energy and semiconductor materials, aligning with Trump’s pro-energy agenda.

Bakkt’s $168M Stablecoin Push Drives Crypto Volatility

Crypto infrastructure firm Bakkt (BKKT) jumped 17% after announcing a $168 million acquisition of DTR to expand stablecoin payment capabilities. The move aims to reduce reliance on third-party vendors and accelerate neobanking services, signaling growing institutional interest in blockchain-based payments.

Trump’s Venezuela Oil Plan Faces Industry Skepticism

ExxonMobil’s Darren Woods labeled Venezuela’s oil industry “uninvestible,” casting doubt on Trump’s plan to seize control of the country’s oil assets. At $59.28, WTI crude futures rose 0.58%, but analysts warned that new supply from Venezuela could further depress prices, complicating Trump’s energy strategy.