
On Tuesday, February 4, U.S. markets closed increased, pushed by power sector features, as optimism grew over a possible U.S.-China commerce breakthrough. Trump delayed Mexico-Canada tariffs however imposed new levies on China, prompting retaliation. Sturdy company earnings lifted sentiment, with Palantir surging 24%. Fed officers warned of inflation dangers from tariffs, whereas job openings missed expectations.
Additionally Learn: ‘Pharma Bro’ Martin Shkreli Defends Palantir’s Valuation Amid 24% Surge, Says AI Agency’s Money Movement Justifies ‘Costly’ Value.
In financial knowledge, U.S. job openings fell by 556,000 to 7.6 million in December, lacking estimates of 8.0 million. Manufacturing facility orders dropped 0.9% to $578.5 billion, following a revised 0.8% decline in November.
Most S&P 500 sectors ended increased, led by power, tech, and communication companies, whereas utilities and client staples declined.
The Dow Jones Industrial Common was up 0.30% and closed at 44,556.04, the S&P 500 closed increased by 0.72% at 6,037.88, and the Nasdaq Composite rose 1.35% to complete at 19,654.02.
Aisa Markets In the present day
- On Wednesday, Japan’s Nikkei 225 closed increased by 0.08% at 38,809.00, led by features within the Textile, Marine Transport, and Providers sectors.
- Australia’s S&P/ASX 200 gained 0.51% at 8,416.90, led by features within the Gold, Metals & Mining and Sources sectors.
- India’s Nifty 50 closed decrease by 0.23% at 23,685.10, whereas Nifty 500 rose 0.22% closing at 21,776.00,
- China’s Shanghai Composite fell 0.63% and closed at 3,229.49; Shanghai Shenzhen CSI 300 was down 0.56% at 3,795.08.
- Hong Kong’s Grasp Seng closed the session decrease by 0.93% at 20,597.09.
- Chinese language markets fell as U.S.-China commerce tensions escalated, with Shanghai and Hong Kong indexes declining. China introduced retaliatory tariffs on U.S. items, efficient February 10, 2025.
Eurozone at 05:30 AM ET
- The European STOXX 50 was down 0.22%.
- Germany’s DAX fell 0.24%.
- France’s CAC declined 0.25%.
- U.Ok.’s FTSE index 100 traded decrease by 0.01%.
Commodities at 05:30 AM ET
- Crude Oil WTI was buying and selling decrease by 0.85% at $72.05/bbl, and Brent was down 0.88% at $75.53/bbl.
- Oil costs declined as rising U.S. stockpiles and escalating commerce tensions with China fueled financial progress considerations, countering Trump’s efforts to limit Iranian crude exports.
- Pure Gasoline declined 1.35% to $3.210.
- Gold was buying and selling increased by 0.55% at $2,891.46, Silver was down 0.16% to $32.965, and Copper rose 0.32% to $4.3680.
U.S. Futures at 05:30 AM ET
Dow futures had been down 0.20%, S&P 500 futures declined 0.56% and Nasdaq 100 futures slid 0.95%.
Foreign exchange at 05:30 AM ET
- The U.S. greenback index declined 0.54% to 107.42, the USD/JPY fell 1.11% to 152.64, and the USD/AUD fell 0.49% to 1.5907.
- The yuan weakened as U.S.-China commerce tensions hit markets, whereas the yen surged on expectations of Financial institution of Japan price hikes. The greenback fell in opposition to main currencies, with merchants watching China’s response to tariffs and potential U.S. negotiations. Japan’s sturdy wage knowledge fueled additional yen features.
Picture by Pavel Bobrovskiy through Shutterstock
Market Information and Knowledge delivered to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
