
U.S. stock markets experienced a downturn, with the Dow Jones, S&P 500, and Nasdaq all declining. Major technology stocks like Nvidia and Tesla contributed to the losses, while gold and silver prices also saw significant drops after reaching record highs. Despite the day's decline, the broader market remains on track for a strong annual performance. Investors are also monitoring Federal Reserve interest rate outlooks and positive signals from the U.S. housing market, which saw a notable increase in pending home sales.