Additionally, the US markets are underperforming other markets sharply. This, as recently as last year, was the most preferred asset class. The underperformance should lead to realignment of capital flows, making India a potential beneficiary.
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CNBC TV1830-12-2025, 04:42

Wall Street Dips, Gold & Silver Plunge Amid Geopolitical Tensions

  • Dow Jones, S&P 500, Nasdaq fell on Dec 29, 2025, due to profit-taking, with tech stocks like Nvidia leading the decline.
  • Precious metals Gold, Silver, Platinum, and Palladium experienced sharp plunges after a historic rally; Silver saw its biggest drop since Sept 2020.
  • Russia claimed 91 drones attacked President Vladimir Putin's residence, a claim Ukraine denies, fearing it's a pretext for war.
  • Geopolitical tensions (Russia-Ukraine, Venezuela-US) and China's growth vow pushed oil prices higher, with West Texas above $58.
  • Federal Reserve meeting minutes are expected later, while the rest of the week lacks major directional triggers.

Why It Matters: Global markets see profit-taking and sharp commodity drops amid rising geopolitical tensions.

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