Gold Plummets 5% in Its Worst Day in Five Years, While Dow Jones Reaches All-Time Highs: Market Movers for Tuesday

Gold Prices and Market Reaction: Gold prices experienced a significant drop of over 5%, leading to a sell-off in gold mining stocks, while the Dow Jones reached a new all-time high, buoyed by strong earnings in industrial sectors.

General Motors Surge: General Motors saw a remarkable increase of more than 15% in its stock price after exceeding earnings expectations and raising its profit outlook for 2025, driven by high demand for pickups and SUVs.

Cryptocurrency Market Update: The cryptocurrency market showed signs of recovery, with Bitcoin rising 2.5% to $113,000, indicating renewed investor interest.

Upcoming Earnings Reports: Several major companies, including Netflix and Texas Instruments, are set to report their earnings after the market close, which could influence market trends.