Market close recap

Europe closed lower 🔴 (Down)

• 🇩🇪

  DAX

  ^GDAXI

  25,320

  🔴 1.18%

  Down
• 🇫🇷

  CAC 40

  ^FCHI

  7,868

  🔴 1.11%

  Down
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,145

  🔴 0.96%

  Down

Wall Street closed higher 🟢 (Up)

• 🇺🇸

  Nasdaq 100

  ^NDX

  29,529

  🟢 1.17%

  Up
• 🇺🇸

  S&P 500

  ^GSPC

  7,691

  🟢 0.41%

  Up
• 🇺🇸

  Dow Jones

  ^DJI

  51,966

  🔴 0.07%

  Down

1. 1.

   US stocks closed mostly higher as tech shares rebounded from a sharp selloff. The Nasdaq 100 rose 1.17% and the S&P 500 gained 0.41%, while the Dow slipped 0.07%.

   Source: marketwatch.com

2. 2.

   European markets ended lower. The DAX fell 1.18%, the CAC 40 lost 1.11% and the Euro Stoxx 50 dropped 0.96%. Asian markets also weakened, with Japan's Nikkei 225 down 0.62%.

3. 3.

   The US 10-year Treasury yield rose 0.75% to 5.14%. Investors are uneasy about the Treasury's financing plans, which could keep pressure on bond markets.

   Source: marketwatch.com

4. 4.

   Brent crude eased 0.59% to 109.21 dollars a barrel. Saudi Arabia postponed its 'Davos in the Desert' conference after attacks, adding to Middle East tensions.

   Source: news.google.com

5. 5.

   Doubts about AI returns weighed on tech. A Gartner analyst said AI returns are not yet large enough to justify the build-out of neocloud data centres, a warning that fed the tech rout before today's rebound.

   Source: cnbc.com