US Equity and Gold ETFs Fall Broadly; Brent Oil Fund Jumps 4.23%

The breadth of the selloff—spanning equities, gold, and bonds—points to a macro-driven repricing rather than sector-specific stress, with the dollar's gain reinforcing that read. The standout is Brent oil's sharp rise against that backdrop, a divergence worth noting since it suggests supply-side pressure rather than demand optimism. Whether the dollar's strength continues to cap risk assets broadly, or oil's rally proves the outlier, is the open question.