Crude was the session’s clear story. WTI fell 6.51% to $83.59 and Brent dropped 5.85% to $87.19, the two largest moves across the board. Both remain well higher on the month, up around 21%.
Commodities and Metals
The oil slide stood in sharp contrast to a firm metals complex. Silver climbed 2.52% to $59.66, extending its weekly gain to 5.89% and holding a 24.34% rise on the year.
Gold added 1.01% to $4,094.12, with palladium up 2.45% and platinum up 1.72%. The precious metals were broadly bid even as energy unwound.
Equities
Stocks closed higher across regions. The Nasdaq 100 rose 1.51% to 28,571.13 and the S&P 500 added 0.90%, though the tech-heavy index is still down 4.09% on the month.
Europe joined the move: the IBEX 35 gained 1.68%, the DAX 40 rose 1.14% and the Euro Stoxx 50 added 0.93%. Japan’s Nikkei 225 climbed 1.69% to 65,353.63, up 37.3% year-on-year.
Crypto
Risk appetite carried into digital assets. Uniswap led with a 6.08% jump to $3.89, followed by Chainlink at 2.66% and Ethereum at 2.57% to $1,920.58.
Bitcoin Cash and Litecoin each added more than 2%, while Bitcoin edged up 0.71% to $64,757.80. The exceptions were smaller names: GRT fell 1.86% and Tezos slipped 1.21%.
Currencies
FX was quieter. The dollar softened modestly against commodity and Scandinavian currencies, with USD/ZAR down 0.62% and USD/NOK off 0.46%. EUR/USD firmed 0.16% to 1.13866 and GBP/USD held near 1.33289.
The split between a heavy energy tape and a firm metals-and-equities bid remains the session’s defining feature.
