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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including rising oil prices (CL=F, BZ=F) after US and Chinese officials agree to terms, gold prices (GC=F) slip, and Kindly MD (KDLY) shares skyrocket on headlines of its merger with Nakamoto to establish a bitcoin (BTC-USD) treasury.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. US stocks surging as the US-China trade truce spurs a rush into the market. The US and China agreement giving oil a boost leading a commodity rally. Temporary reduction in reciprocal tariffs bring relief to commodity markets after being under pressure amid outlook concerns for global growth. One commodity, gold, sliding as investors jump into equities now following the temporary trade truce. The precious metal retreating after a massive run up in recent months when investors flocked to the safe haven asset amid the global trade war. And lastly, shares of healthcare company Kindly MD skyrocketing after announcing a merger agreement with Nakamoto. Nakamoto is a new holding company founded by David Bailey who is a key crypto advisor for President Trump. Merger is aimed at establishing a bitcoin treasury strategy. That's your Yahoo! Finance Market Minute. For more on what's trading on Yahoo! Finance, scan the QR code below.