Luke Vargas

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.

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 U.S.

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 had 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, but we've seen a big unwinding, to put it mildly.

What's going on?

As you mentioned at the top, this is really about metals.

Friday, truly a bloodbath for silver and gold, posting their worst one-day sell-off since the 1980s.

Though this seems to be affecting a lot of assets beyond silver and gold.

I mean, is there anything that's not selling off right now and why?