Episode Details
Back to EpisodesPre-Market Report – Thursday 6 February - US Markets kick Higher - Gold hits Record - SPI up 59
Description
US stocks rose overnight, brushing off underwhelming earnings from Alphabet. The S&P 500 rose 0.39%, with about 350 companies in the index ending in the green. The NASDAQ edged 0.20% higher, buoyed by gains in Nvidia (+5.4%), helping offset Alphabet's 7.3% tumble after the company posted downbeat cloud revenue growth. The Dow Jones ended near session highs, up 317 points (+0.71%). Up 331 points at best. Down 203 points at worst. Small caps outperformed its peers, with the Russell 2000 advancing 1.11% and the VIX, also known as Wall Streets fear gauge, eased 5.48%. US treasuries fell to multi-week lows, pressured by weak services data and uncertainty surrounding the prospect of trade wars. The 10Y yield dropped to its lowest level since mid-December, down 8.8bps, and the 2Y yield dropped 2.9bps.
SPI up 59 - REA CEO Retires- NWS Results - Gold hits Record
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