Sudden change! U.S. stocks plummet! Gold and silver surge straight up! Trump, latest statement!

Affected by geopolitical conflicts and weaker-than-expected U.S. non-farm payroll data, U.S. stocks plummeted, while gold and silver prices rose.

In the evening (March 6), the U.S. stock market opened with a sharp decline across the three major indices.

Regarding Chinese concept stocks, the Nasdaq Golden Dragon China Index rose slightly, up about 0.45% at the time of writing. Individual stocks included JD.com, which gained over 4%, and TAL Education and NetEase, each up more than 3%.

Gold and silver, which had been declining, suddenly surged sharply. As of the latest update, spot gold was up 0.11%, and spot silver increased by 0.2%.

Oil prices continued to rise. As of the latest update, Brent crude oil increased over 6%, breaking the $90 per barrel mark.

On the news front, the U.S. Bureau of Labor Statistics announced that in February, seasonally adjusted non-farm employment decreased by 92,000, marking a negative figure for the second time since October 2025. Market expectations had been for an increase of 59,000.

Additionally, the U.S. February unemployment rate was recorded at 4.4%, the highest since December 2025, slightly above market expectations of 4.3%.

Due to this unexpected weaker-than-expected data, traders now estimate the probability of the Federal Reserve cutting interest rates in June has risen to about 50%, up from 35% before the employment data was released.

Federal Reserve official Daly stated that a single monthly economic data point is not decisive. The current economy faces dual risks of high inflation and a fragile labor market, requiring a balanced assessment. She emphasized that employment data should be analyzed comprehensively, noting that recent reports are difficult to interpret, wage growth is not overheating, and must be matched with productivity and inflation. She also expressed concerns about the impact of rising oil prices and a soft labor market. She stressed that risk assessments should consider both sides and that the Fed will continue to monitor recent economic developments.

Meanwhile, in the Middle East, U.S. President Trump posted on social media on the 6th, claiming, “No agreement will be reached with Iran unless it unconditionally surrenders.” He also said that the U.S. and its “many allies” should “make Iran great again!”

Additionally, on the 5th, Trump stated that at this stage, he is not considering deploying ground troops to Iran.

In an interview, Trump said that considering sending ground troops to Iran at this stage is a “waste of time,” claiming that Iran “has lost its navy and everything,” and that the U.S. will continue its “pace and intensity” of strikes against Iran.

Trump reiterated his intention to select what he calls “good leaders” for Iran, claiming that some “good leadership candidates” in the U.S. and Israel have already been killed in attacks on Iran. When asked about this, Trump said he is taking measures to ensure that these “candidates” survive in the war.