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Jan 6, 2026 4:00 PM

Dow Jones Extends Record Highs, Silver Hits $80: What's Moving Markets Tuesday?

Wall Street has kicked off 2026 on a strong footing, with large-cap indexes heading toward a third straight session of gains on Tuesday.

By midday trading in New York, the Dow Jones Industrial Average rallied nearly 1%, extending record highs as investors rotated into cyclical and blue-chip stocks.

Silver broke above $80 an ounce, jumping more than 5% amid persistent supply shortages. Platinum surged 8.1% after Monday's sharp advance, while palladium gained 6.5%.

Gold climbed for a third consecutive session, up 0.9% to $4,490 an ounce. Copper added 1% to $6.07 per pound, setting new record highs.

Mining stocks followed bullion prices higher. The VanEck Gold Miners ETF (NYSE:GDX) and the Global X Silver Miners ETF (NYSE:SIL) both gained 3.7%.

Sandisk, Western Digital, Seagate

Memory chip stocks also stood out. Sandisk Corp. (NASDAQ:SNDK), Western Digital Corp. (NASDAQ:WDC) ...