Weekend Markets: Equities Edge Higher as Oil Drops 3.6%
Major global stock indices posted modest gains over the weekend, while US crude oil fell sharply. Precious metals also advanced, with silver leading the way.
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Stock markets across the US, Europe, and Asia closed the weekend session with small increases. The NASDAQ led the advances, gaining 0.54%, followed by the DAX (+0.30%), the Dow Jones (+0.24%), the FTSE (+0.10%), and the Hang Seng (+0.03%).
In the currency market, EUR/USD edged up 0.08%. Commodities presented a mixed picture: gold rose 0.48% and silver added 0.60%, while US oil tumbled 3.61%, the only significant loss among the majors.
Source: First Squawk