Silver Swings Wildly After Trump Holds Back On Critical Mineral Tariffs: Dow Futures In The Green After Strong Tech Rally
Yahoo Finance·2026-01-17 18:31

Group 1: U.S. Stock Market Performance - U.S. stock futures are showing positive movement, with S&P 500 Futures up 0.15% at 6,992.25, Nasdaq Futures up 0.24% at 25,767.50, and Dow Futures up 0.06% at 49,667.00, following a rally driven by strong earnings from Taiwan Semiconductor Manufacturing Co. Ltd. [1] - Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) reported a strong fourth-quarter performance, contributing to a rally in other Asian chipmakers, with the Taiwan Weighted Index up 1.36% at 31,229.18 [5]. Group 2: Silver Market Dynamics - Silver prices experienced a significant pullback, dropping nearly 7% during the day but recovering to trade 2.42% below its all-time high of $93.50 per ounce, currently at $91.23 [3]. - COMEX Silver March futures are down 1.21%, trading at $91.185 per ounce [3]. Group 3: Asian Market Trends - Asian markets opened lower, with Japan's Nikkei 225 down 0.42% at 53,881.66, led by declines in ecommerce and logistics stocks [4].