Dow Futures Plunge 450 Points Amidst Gold, Silver Sell-off; AI Trade Doubts Surface

• Dow futures extended losses by 450 points, with Nasdaq and S&P 500 futures also declining as trading resumed.
• Commodities experienced a significant sell-off, with Spot Silver down 8% and Gold over 4% lower; Bitcoin corrected 35% from its peak.
• A stronger US Dollar, rallying after Kevin Warsh's potential Fed Chair nomination, triggered the commodity sell-off.
• Wall Street Journal reported doubts over Nvidia's $100 billion investment plan in OpenAI, raising questions about the AI trade's sustainability.
• Key events this week include earnings reports from Amazon, Alphabet, and Disney, alongside the non-farm payrolls data.

Why It Matters: Global markets face high volatility as Dow futures drop, commodities sell off, and AI trade sustainability questioned.