|
| |
Market Wrap: Stocks, Bonds, Commodities |
|
|
| |
|
|
|
| |
On Friday, U.S. stocks were stable after sharp losses in the prior session, with the S&P 500 edging up 3 points (+0.05%) to 6,836, and the Nasdaq 100 up 45 points (+0.18%) to 24,732.
The Dow Jones closed 48 points higher (+0.10%) at 49,500.
On a weekly basis, the Nasdaq 100 was down for three straight weeks.
U.S. data showed that the inflation rate slowed to 2.4% year over year in January from 2.7% in December.
The U.S. 10-year Treasury yield fell a further 5.0 basis points to 4.050%.
Coinbase (COIN) surged 16.46%, becoming the best-performing stock in the S&P 500, boosted by strong 2025 operation figures and rising Bitcoin price.
Applied Materials (AMAT) jumped 8.08%, helped by better-than-expected quarterly results.
Rivian Automotive (RIVN) soared 26.64% on stellar quarterly results. The electric-vehicle maker added that growth in 2026 full-year vehicle deliveries could reach up to 59%.
Meanwhile, tech giants remained under pressure, with Apple (AAPL) losing 2.27%, Nvidia (NVDA) down 2.21%, and Meta (META) down 1.55%.
U.S. markets will be closed on Monday (February 16) for the Presidents' Day holiday.
In Europe, the DAX 40 closed 0.25% higher, and the FTSE 100 gained 0.42%, while the CAC 40 was down 0.35%.
Gold rebounded 121 dollars (+2.45%) 5,042 dollars an ounce.
U.S. WTI crude futures edged up 5 cents to 62.89 dollars a barrel.
|
| |
|
|
|
|
|
|
|
|
| |
The U.S. dollar index was little changed after the release of slowing U.S. inflation data.
Another set of key U.S. inflation data, the personal consumption expenditure (PCE) price inflation rate, will be released on Friday.
EUR/USD edged up 3 pips to 1.1872.
USD/JPY dipped 7 pips to 152.66. Japan's key inflation data will be reported on Friday.
GBP/USD advanced 29 pips to 1.3649, while AUD/USD dropped 15 pips to 0.7073.
USD/CHF slipped 13 pips to 0.7677, while USD/CAD climbed 11 pips to 1.3618.
Bitcoin bounced 4% to 68,800 dollars on Friday, and climbed further to touch the level of 70,000 dollars over the weekend.
|
| |
|
|
|
|
|
|
|
|
| |
In Asian trading hours, USD/JPY rebounded to 153.02. Japan's fourth quarter gross domestic product grew 0.1% quarter-on-quarter, below 0.5% expected.
Meanwhile, EUR/USD and GBP/USD were little changed, at 1.1865 and 1.3640 respectively.
Gold retreated to 4,998 dollars.
Bitcoin eased to 68,305 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
U.S. stock market is closed for the Presidents' Day holiday.
The eurozone's industrial production is expected to drop 1.2% month-on-month in December.
|
| |
|
|
|
|
|
