Metals Meltdown, Iran Deal Hope Sinks Oil & Huang Spooks Tech Stocks | The Opening Trade 2/2/2026
Bloomberg Television·2026-02-02 11:29

GOOD MORNING. IT'S MONDAY, FEBRUARY THE SECOND. A METALS ROUND FOR THE AGES.OIL TAKES A TOMBOY AND NVIDIA HAS COMMITMENT ISSUES WITH OPENAI. TOM: MULTIPLE ASSETS SEEING 2, 3, 4 STANDARD DEVIATION MOVES THIS MORNING, GOLD AT 4500, DOWN 8%. BRENT CRUDE DOWN 5% AT 65 79, RIPPLING INTO THE EQUITY MARKETS.EUROPE IS DOWN BY A PERCENT. THE NASDAQ IS DOWN BY ONE AND A HALF, MAY BE MORE TODAY. WE WILL WATCH THE RELATIONSHIP WITH DIFFERENT ASSETS.DOES ONE ASSET EFFECT OF THE OTHER. THAT IS WHAT WE ARE WATCHING THI ...