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Data: FactSet; Chart: Axios Visuals

Silver is the top-performing major asset of 2020, displacing orange juice, according to a Wall Street Journal analysis, after a gain of nearly 34% since July 1.

What's happening: The rally has been boosted by a fast-falling U.S. dollar, concern about the U.S. economy amid the coronavirus pandemic, and increasing tension in the U.S.-China trade war, analysts say.

  • The combination of unprecedented government and central bank stimulus measures around the globe and fears about further growth have investors betting big on precious metals.
  • Copper and aluminum also have been well bid in recent weeks.

Of note: Trading volume in silver rose to its highest since September 2019 last week.

Go deeper

Dion Rabouin, author of Markets
Oct 6, 2020 - Sports

Sports betting apps still have low awareness

Reproduced from CivicScience; Chart: Axios Visuals

Sports betting stocks have been some of the best performers on the market this year, with DraftKings shares up 466% and Barstool Sports-backed Penn National up 176%.

The state of play: A new survey from CivicScience, provided first to Axios, shows sports betting likely has a great deal of growth potential. But much of that may be baked into already-lofty shares prices.

Biden will reverse Trump's attempt to lift COVID-related travel restrictions

Photo: Tasos Katopodis via Getty

The incoming Biden administration will reverse President Trump's last-minute order to lift COVID-19 related travel restrictions, Jen Psaki, the incoming White House press secretary, tweeted.

Why it matters: President Trump ordered entry bans lifted for travelers from the U.K., Ireland, Brazil and much of Europe to go into effect Jan. 26, but the Biden administration will "strengthen public health measures around international travel in order to further mitigate the spread of COVID-19," Jen Psaki said. Biden will be inaugurated on Wednesday, Jan. 20 and Trump will no longer be president by the time the order is set to go into effect.

Dominion sends cease and desist letter to My Pillow CEO Mike Lindell

Photo: Stephen Maturen/Getty Images

Dominion Voting Systems on Monday sent a cease and desist letter to My Pillow CEO Mike Lindell over his spread of misinformation related to the 2020 election.

Why it matters: Trump and several of his allies have pushed false conspiracy theories about the company, leading Dominion to take legal action. It's suing pro-Trump lawyer Sidney Powell for defamation and $1.3 billion in damages, and a Dominion employee has sued Trump himself, OANN and Newsmax.