U.S. stocks continue their strong gains this year while cryptocurrency and precious metals markets pull back from recent highs. As of today, the S&P 500 has climbed to approximately $7,473, repeatedly landing record closes driven by expansive corporate earnings, particularly in technology, robotics and AI-related sectors.
Bitcoin has traded around $74,000–$77,000 amid broader crypto weakness, down significantly from 2025 peaks above $120,000 and reflecting deleveraging and capital rotation.
Precious metals have also corrected after sharp rallies. Gold hovers near $4,510 per ounce following earlier records above $5,000, while silver consolidates around $76 after extreme volatility that included triple-digit spikes and steep drops earlier in the year. A significant portion of silver’s volatility and year-over-year appreciation can be attributed to its growing demand within data centers.
Personally, I will be going forward cautiously. The Iranian conflict still persists and the midterms are definitely having an affect on US stocks. We'll see how crazy the next correction is.
