New Zealand data: January Trade deficit much larger than December (big drop for exports)

Small-caps rally 2%+ vs S&P 500's 1.2%, outperforming YTD. Earnings outlook brightens.

HCI Group's stock lost 16.9% despite strong EPS & BVPS growth. Trades at 1.7x forward P/B.

US pays $1B to French energy firm to scrap wind farms. A costly pivot from green energy goals.

ON24's 35.8% run-up faces headwinds: declining billings, stalled revenue growth, and negative margins.

Dow, Nasdaq, S&P 500 rally over 1% on strong gains; London's FT-100 dips slightly.

Private credit stress: Apollo cap fund withdrawals at 5%. Redemption requests surge to 11% Negative for alternative asset managers and private credit sentiment.

/LiveBytes Fed’s Daly flags two economic paths as Middle East risks cloud policy outlook Reinforces a “data and event-dependent” Fed stance. Oil-driven inflation risks skew outcomes toward higher-for-longer rates,