Gold surged above $5,000 an ounce for the first time, underscoring a rush into perceived safe havens as investors react to uncertainty around U.S. policy, trade tensions, and currency volatility. Analysts say demand reflects anxiety about risk assets and doubts about stability in major markets.
U.S. stocks recovered after President Donald Trump said he would not move forward with planned tariffs on several European countries tied to disputes over Greenland. The rebound followed a steep drop a day earlier sparked by fears of a widening trade fight and renewed volatility for global markets.
U.S. stock futures were little changed Monday as investors looked toward major earnings and an upcoming Federal Reserve decision. Gold futures broke above $5,000 per ounce amid geopolitical and economic uncertainty, while severe winter weather fueled widespread flight cancellations and delays.
The U.S. Commerce Department is backing USA Rare Earth with a proposed $1.6 billion package tied to domestic mining and magnet manufacturing, part of a broader effort to build a homegrown rare-earth supply chain.
Shares of USA Rare Earth surged after reports said the U.S. government would invest $1.6 billion for a roughly 10% stake, part of a broader push to build domestic critical-minerals supply chains.
The U.S. Commerce Department is investing $1.6 billion in USA Rare Earth to support a Texas mine and an Oklahoma magnet facility, part of a broader effort to reduce reliance on China for critical minerals and manufacturing inputs.
A market roundup noted a modest rise in the VIX and underscored how earnings surprises are driving sharp single-stock moves, with financials and airlines among the names reacting to Q4 results.
Investors are focused on the Federal Reserve’s meeting this week, with widespread expectations that officials will hold rates steady after recent reductions and that the chair’s messaging will be central to markets.
USA Rare Earth shares jumped in premarket trading after reports said the Trump administration will take a 10% stake as part of a $1.6 billion debt-and-equity investment package, alongside a separate private financing. The move is the latest in Washington’s push to strengthen domestic supply chains for strategic minerals and reduce reliance on China.
Markets opened the week focused on a Fed rate decision and a packed earnings calendar, while gold surged to records. Investors also weighed President Trump’s new tariff threats toward Canada and a jump in USA Rare Earths after the company said it expects fresh government-backed financing aimed at strengthening U.S. supply chains.
TikTok struck an agreement that would allow it to remain in the United States by forming a new joint venture with majority U.S. ownership, according to the Financial Times. The arrangement includes major U.S. investors and places key operations on Oracle infrastructure, while critics question whether security concerns are fully resolved.
Nearly 15,000 U.S. flights were canceled through Monday as a storm shut down key hubs; investors weighed the operational and revenue hit while airlines issued broad travel waivers.