Tech-Led Rally Powers Wall Street to Third Straight Gain as Precious Metals Hit Record Highs

Major Indices Extend Winning Streak
U.S. stocks continued their upward trajectory on Wednesday, with the Dow Jones Industrial Average surging more than 200 points. The broader S&P 500 and tech-heavy Nasdaq Composite both posted gains for a third consecutive session, fueled by a sustained rebound in the technology sector.
Precious Metals Shine in Record Territory
While equities advanced, the spotlight also fell on the commodities market. Both gold and silver prices soared to fresh all-time highs, underscoring a simultaneous rally in risk assets and traditional safe havens. This dual strength suggests a complex market narrative where investor sentiment is being driven by multiple factors.
Market Drivers and Sector Performance
The continued tech rally provided the primary thrust for the indices, with major megacap stocks leading the charge. Analysts point to renewed confidence in earnings resilience and AI-driven growth prospects as key catalysts. The market's ability to climb despite the record run in precious metals, which often signals caution, indicates a broadening of the bullish momentum beyond a single asset class.
- Dow Jones Industrial Average: Gained over 200 points (+0.5%).
- S&P 500 Index: Rose for a third straight day.
- Nasdaq Composite: Continued its tech-led rebound.
- Commodities: Spot gold and silver prices set new historic records.