📊 Gold and Oil Outperform Tech

Good Morning Investors,

Resources and energy were the clear leaders. Mining stocks surged alongside rising metals prices, and energy shares rallied as oil and related commodities moved higher. This backdrop lifted junior miners and smaller energy producers, particularly those with direct exposure to gold, base metals, and upstream activity.

Weakness in software and AI linked names weighed on growth oriented names as profit taking and renewed debate around AI valuations drove caution. Hardware and industrial technology fared better, suggesting investors are favoring areas with clearer demand visibility. With political headlines and Federal Reserve related developments adding to volatility.

Matthias Schneider
Editor at Analytica Investor