US stock market open 16 February 2016
- S&P +18pts to 1883
- Dow +125pts to 16100
- Nasdaq +67pts to 4404
US 10 year yields 1.78% +3bp
US 10 year yields 1.78% +3bp
Most Popular
Nasdaq tumbles 1% on AI fears, but AMD & Lumentum lead earnings movers. Traders eye sector rotation.
Japan services PMI hits 11-month high as demand and hiring strengthen The stronger PMI reinforces signs of a broadening economic recovery in Japan, though softer confidence and rising selling prices may complicate the near-term policy outlook.
New Zealand Commodity Price Index rose in January The ANZ World Commodity Price Index is an indicator of price trends for New Zealand's 17 main commodity exports
PBOC is expected to set the USD/CNY reference rate at 6.9385 – Reuters estimate
China eyes global stage: Renminbi gains traction as dollar faces uncertainty; gold hits record highs.
Bitcoin dips below $73K, lowest since Nov '24. Stocks, gold also reprice liquidity amid AI & geopolitical jitters. Investors wary.
Tech stocks dump 1%, S&P 500 futures flat. Investors rotate to staples, AI fears hit software & chip valuations.
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