Pre-Market Alert: Trump Tariff Pivot, Intel Earnings, and Gold's Race to Five Thousand

Markets reversed sharply Wednesday as President Trump backed away from European tariffs and announced a Greenland deal framework. The Dow surged 588 points, the S&P 500 gained 1.2%, and the Nasdaq closed up 270 points. Meanwhile, gold is approaching five thousand dollars per ounce, silver is nearing one hundred dollars, and Bitcoin remains stuck near eighty-nine thousand dollars. Intel reports earnings today with expectations of a revenue beat driven by AI data center demand. Third quarter GDP was revised up to 4.4%-the strongest growth in two years. Wall Street's fear gauge shed its Greenland premium, and jobless claims came in better than expected at 200,000. We'll break down what this means for your trading positions ahead of the bell.