|
| |
Market Wrap: Stocks, Bonds, Commodities |
|
|
| |
|
|
|
| |
On Thursday, both the S&P 500 (down 9 points or 0.13% to 6,969) and the Nasdaq 100 (down 138 points or 0.53% to 25,884) closed slightly lower.
Meanwhile, the Dow Jones gained 55 points (+0.11%) to 49,071.
Microsoft (MSFT) plunged 9.99%. The tech giant’s cloud-computing unit Azure reported 38% year-on-year growth in revenue in the fiscal second quarter, slower compared to the first quarter and failing to impress investors.
Meta Platforms (META) surged 10.40% after reporting better-than-expected quarterly sales and giving an upbeat full-year operating-income outlook. The company also projected full-year capital expenditures at up to 135 billion dollars, up from 72 billion dollars last year.
Tesla (TSLA) closed 3.45% lower despite delivering better-than-expected quarterly results. The electric-vehicle maker also announced an agreement to invest about 2 billion dollars in CEO Elon Musk's artificial intelligence startup xAI.
International Business Machines (IBM) gained 5.13% and Caterpillar (CAT) rose 3.41%, as both companies’ quarterly results surpassed expectations.
In after-market hours, after reporting quarterly results, Apple (AAPL) added less than 1%, while Sandisk (SNDK) surged 14%.
The U.S. 10-year Treasury yield dipped 1.4 basis points to 4.233%.
In Europe, the DAX 40 sank 2.07%, while the CAC 40 edged up 0.06%, and the FTSE 100 was up 0.17%.
U.S. WTI crude futures rose 2.21 dollars (3.50%) to $65.42 dollars a barrel, reaching a four-month high amid rising concerns over a potential U.S. attack on Iran.
Gold touched an all-time high at 5,598 dollars an ounce before retreating to 5,378 dollars.
Silver marked an all-time high above 121 dollars an ounce before easing back to the level of 115 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
The U.S. dollar index eased back to 96.19. U.S. factory orders grew 2.7% month on month in November, faster than expected.
EUR/USD rose 17 pips to 1.1969.
USD/JPY fell 28 pips to 153.12.
GBP/USD was little changed at 1.3807, AUD/USD gained 13 pips to 0.7053.
USD/CHF slipped 34 pips to 0.7648, and USD/CAD dropped 72 pips to 1.3483.
Bitcoin came under heavy selling pressure, plunging over 5% to 84,300 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
In Asian trading hours, USD/JPY rebounded to 153.85. Japan's jobless rate stayed at 2.6% in December and industrial production fell 0.1% month-on-month, both as expected, while retail sales dropped 2.0%, compared with +0.3% expected.
Meanwhile, AUD/USD retreated to 0.6980. Australia's producer price index rose 3.5% year-on-year in the fourth quarter as expected.
On other hand, U.S. President Donald Trump said he would announce his nomination for the next Federal Reserve chairman on Friday morning. It is widely expected that Kevin Warsh, a former Federal Reserve governor, will get the nomination.
EUR/USD dropped to 1.1920 and GBP/USD was down to 1.3750.
Gold slid to 5,230 dollars.
Bitcoin extended its decline to 82,990 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
The eurozone's fourth quarter gross domestic product is expected to increase by 1.4% year-on-year, while jobless rate is estimated to be steady at 6.3% in December.
Germany's fourth quarter gross domestic product is expected to grow 0.5% year-on-year, while jobless rate is anticipated to be unchanged at 6.3% in January and inflation rate is anticipated to edge up to 1.9% year-on-year in January.
France's fourth quarter gross domestic product is expected to be up 1.1% year-on-year, while producer price index is estimated to drop 3.5% year-on-year in December.
In the U.S., producer price index is expected to increase by 2.9% year-on-year in December, while the Chicago purchasing managers index is estimated to climb to 45.0 in January.
Canada's gross domestic product is expected to grow 0.2% month-on-month in November.
|
| |
|
|
|
|
|
