U.S. Indices Rise As Intel Jumps & Trump Halts Eu Tariffs; Silver Drops

U.S. markets rose during a shortened trading week following President Donald Trump's decision to cancel proposed tariffs on Europe after a trade and diplomatic framework involving Greenland. The surprise development alleviated investor concerns over a potential trade war, lifting equities and reducing demand for safe-haven assets like silver.

Intel shares surged over 11% on Wednesday ahead of its fourth-quarter earnings release, boosted by optimism around server-chip demand, manufacturing progress, and a bullish analyst upgrade. The broader semiconductor sector rallied as well, with notable gains in AMD and Nvidia.

Silver prices retreated from recent highs amid improving risk sentiment, while the Dow, S&P 500, and Nasdaq all advanced, driven by easing geopolitical tensions and anticipation of major tech earnings. Futures indicated further upward momentum as investor focus shifted toward corporate performance and economic outlooks.