Politics

Trade war fears ease! Nasdaq +1.5%, S&P 500 erase losses. LRN +2.8%, JBL +2.5%, BHE +4%, KN +3.5%, CNXN +3%. Valuations look up.

IEA raised its oil demand growth forecast to 930k bpd but warned supply will continue to outpace consumption. With refinery maintenance nearing and inventories high, the agency sees surplus risks persisting despite December output declines.

Software stocks battered by AI fears; investor sees rebound potential as AI unlocks enterprise needs. SOX up 12%, IGV down 10%.

Stocks rally on Greenland deal & tariff rollback; yields dip. Energy +2.4%, Intel +12%, Moderna +16%. Bitcoin rebounds 1%.

ETH faces 62.5% odds of $2.5K dip; traders eye validator exit queue, down from 94 to 0, signaling long-term confidence.

New Zealand core retail sales fell in December both m/m and y/y

Oil: Private survey of inventory shows a headline crude oil build greater than expected