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Market news: Nvidia (NVDA.O) will launch an open-source AI platform.
According to a Reuters/Ipsos poll, 29% of Americans support Trump ordering military action against Iran, a figure that is not significantly different from previous survey results.
According to a Reuters/Ipsos poll, 67% of Americans believe that gasoline prices will rise in the coming year following the U.S. attack on Iran.
1. All three major U.S. stock indexes closed higher. The Dow Jones Industrial Average rose 0.5% to 47,740.8 points, the S&P 500 rose 0.83% to 6,795.99 points, and the Nasdaq Composite rose 1.38% to 22,695.95 points. Caterpillar Inc. rose more than 3%, and Nvidia Inc. rose more than 2%, leading the Dow Jones. The Wind U.S. Tech Big Seven Index rose 1.32%, with Google Inc. rising more than 2% and Apple Inc. rising nearly 1%. The Nasdaq China Golden Dragon Index rose 1.76%, with Kingsoft Cloud Inc. rising more than 19% and Brain Regeneration Inc. rising more than 10%. U.S. President Trump said the war against Iran may be nearing its end and he is considering taking over the Strait of Hormuz. Driven by his remarks, major stock indexes rebounded from their early losses. 2. All three major European stock indices closed lower. The German DAX index fell 0.77% to 23,409.37 points, the French CAC40 index fell 0.98% to 7,915.36 points, and the UK FTSE 100 index fell 0.34% to 10,249.52 points. 3. US Treasury yields fell across the board. The 2-year Treasury yield fell 0.19 basis points to 3.54%, the 3-year Treasury yield fell 1.41 basis points to 3.556%, the 5-year Treasury yield fell 3.48 basis points to 3.685%, the 10-year Treasury yield fell 3.28 basis points to 4.096%, and the 30-year Treasury yield fell 5 basis points to 4.713%. 4. The WTI crude oil futures contract closed down 6.4% at $85.08 per barrel; the Brent crude oil futures contract fell 3.13% to $89.79 per barrel. 5. International precious metals futures closed mixed. COMEX gold futures fell 0.19% to $5148.70 per ounce, while COMEX silver futures rose 3.60% to $87.34 per ounce. 6. London base metals were mixed. LME zinc rose 0.85% to $3326.0 per tonne, LME copper rose 0.44% to $12919.0 per tonne, LME tin rose 0.06% to $50095.0 per tonne, LME nickel fell 0.22% to $17430.0 per tonne, LME lead fell 1.13% to $1931.0 per tonne, and LME aluminum fell 1.68% to $3388.0 per tonne.
US Secretary of State Rubio: Afghanistan has been identified as a country that supports illegal detention.