Russell 2000 Index rebounds while gold and silver extend losses: What factors influenced Monday's market movements?
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According to CoinWorld, on Monday, Wall Street stocks rebounded, with the Russell 2000 Index rising by 1.4% and the Nasdaq 100 Index up by 1.1%, recovering ground lost during last Friday's sell-off. Precious metal prices remained under pressure, with gold dropping over 4% to $4,670 per ounce and silver plunging 8% to $77.88 per ounce. Bitcoin prices rebounded by 2.6% to $78,900 after hitting a low of $74,500. The energy market suffered a major setback, with natural gas prices falling by 25% and crude oil prices dropping by more than 5%.
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