U.S. real GDP grew 1.4% in Q4, missing analyst forecasts and the 3.1% historical average. While recession risks remain low, persistent inflation above the Fed's 2% target limits the potential for near-term rate cuts.

Alphabet shares climbed 4% following the enterprise rollout of Gemini 3.1 Pro and a new AI partnership with Sea Ltd. Wall Street is increasingly bullish as Google Cloud turns AI capabilities into tangible revenue growth.

Silver extends gains on Friday as safe-haven demand rises amid escalating US-Iran tensions.