Volatility grips global markets as jittery investors sell off everything from gold to Bitcoin.
Plus,
the latest from Washington as Congress's bid to end a partial government shutdown gets tougher,
and Israel reconnects Gaza to Egypt in a major test of President Trump's peace plan.
This is a very long-awaited moment for Gazans,
so Gazans have not been able to have a crossing that allows them to leave and enter
since the start of the war.
It's Monday, February 2nd.
I'm Luke Vargas for The Wall Street Journal.
It's Monday, February 2nd.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
A market sell-off that began on Friday is continuing this morning,
with US stock futures tracking a drop in global stocks.
Cryptocurrencies are also selling off with Bitcoin trading below $77,000,
but in a sign of potential stabilization,
gold and silver prices have halted a slide that it gained steam over the weekend.
Here with more is Wall Street Journal Markets reporter Chelsea Delaney.
Chelsea, bring us up to speed here.
A week ago, this metals rally had seemed practically unstoppable,