US Stocks Rally, Oil Prices Plunge, Precious Metals Surge

Market News
1. Major US stock indices like the Dow Jones, Nasdaq, and S&P 500 closed significantly higher, indicating strong bullish sentiment in the equity market.
2. Crude oil prices plunged, with WTI dropping nearly 8% and Brent falling over 4%, signaling massive selling pressure in the energy market.
3. Precious metals surged as silver gained 5% and gold rose nearly 2%, pointing to a strong investor shift towards safe-haven assets.