US Markets Soar, H-1B Visa Rules Shift, Gold Hits Record Amid Economic Buzz

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CNBC Awaaz•24-12-2025, 07:39
US Markets Soar, H-1B Visa Rules Shift, Gold Hits Record Amid Economic Buzz
- •US H-1B visa system changes: lottery abolished, replaced by wage and skill-based selection prioritizing high-skilled, higher-salaried foreign workers from Feb 27, 2026.
- •US stock markets gained for the fourth consecutive day; S&P 500 hit a record high, Nasdaq rose, while Dow Jones saw marginal gains.
- •US Q3 GDP grew by a robust 4.3%, exceeding estimates and marking the fastest growth in two years; consumer spending also increased.
- •Gold, silver, and platinum set new records, with gold surpassing $4,500/ounce, driven by a weaker dollar and rate cut expectations.
- •US-China semiconductor tariffs are delayed until mid-2027, with rates to be announced 30 days prior to implementation.
Why It Matters: US economy sees major H-1B visa changes, record stock and commodity highs, and strong GDP growth.
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