CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout

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The US and India have reached a trade deal, with India agreeing to increase its 'Buy American' purchases and stop buying oil from Russia, but markets seem to be taking the news in stride.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

As part of the deal, New Delhi will "BUY AMERICAN" at "a much higher level," and stop buying oil from Russia, according to Trump.

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Original article published by CNBC on February 3, 2026.
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