Stock indexes are up today: S&P 500 +0.54%, Dow Jones +0.99%, Nasdaq 100 +0.78%. Energy companies rally after President Trump’s comments on Venezuela. Mining stocks rise due to geopolitical risks in South America. Gold is up 2%, silver up 5%.

European stocks support US markets. Fed comments range from dovish to slightly hawkish. Economic focus on US data this week. Odds of a rate cut at next FOMC meeting are 16%. Overseas markets are up, with Euro Stoxx 50 hitting a record high.

March 10-year T-notes are up. Dovish comments boost T-notes, while geopolitical risks also drive demand. European bond yields are lower. ECB unlikely to hike rates. US stock movers include chip makers, energy companies, and mining stocks.

FDA lifts clinical hold on GH Research Plc’s drug, stock up 34%. QXO Inc secures $1.2B investment from Apollo Global. Mobileye Global upgraded by Barclays, stock rises 5%. Estee Lauder upgraded by Raymond James, stock up 3%. Fortive Corp downgraded, stock down 4%.

Uber Technologies downgraded by Melius Research LLC, stock drops 1%. Pentair Plc downgraded by TD Cowen, stock falls 1%. No earnings reports for today. Disclaimer: Author does not hold positions in mentioned securities. Views expressed are author’s own.

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