Gold prices fell 1%, pulling back from a three-week high earlier in the session amid a broad market sell-off following the reopening of the U.S. government. U.S. gold futures for December delivery settled 0.5%.
AMD shares surged 7% after the chipmaker unveiled a bold $100 billion annual data-center revenue target, with plans to claim a larger slice of the booming artificial intelligence market dominated by Nvidia.
Strategy has seen its dominance among corporate Bitcoin holders decline in October amid slower purchases and a growing number of companies adding crypto to their treasuries. The company still leads as the largest Bitcoin treasury holder with 640,808 BTC as of October 31st .
| London’s FTSE 100 logged a third consecutive record close, supported by gains in utilities and mining shares as investors welcomed signs of a potential end to the prolonged U.S. government shutdown. |
Risk-sensitive currencies including the Australian dollar rose, while safe havens like the Japanese yen dipped against the U.S. currency, as risk sentiment was boosted by signs the U.S. federal government is closer to reopening.
Coinbase Global said it will launch a new platform that will allow individual investors buy digital tokens before they are listed on the cryptocurrency exchange, sending its shares up 4%.
