Market close recap

Europe closed higher 🟢 (Up)

• 🇩🇪

  DAX

  ^GDAXI

  25,645

  🟢 1.35%

  Up
• 🇫🇷

  CAC 40

  ^FCHI

  7,922

  🟢 1.06%

  Up
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,208

  🟢 1.40%

  Up

Wall Street closed higher 🟢 (Up)

• 🇺🇸

  Nasdaq 100

  ^NDX

  29,823

  🟢 1.13%

  Up
• 🇺🇸

  S&P 500

  ^GSPC

  7,757

  🟢 0.58%

  Up
• 🇺🇸

  Dow Jones

  ^DJI

  52,856

  🟢 0.69%

  Up

1. 1.

   Wall Street closed higher as Big Tech earnings kicked off. The Nasdaq 100 rose 1.13% to 29,822.52, the S&P 500 gained 0.58% and the Dow added 0.69%. Hong Kong's Hang Seng fell 2.21% to 23,651.87.

   Source: marketwatch.com

2. 2.

   Brent crude rose 0.86% to 109.73. Oil is flowing out of the Persian Gulf again, but coverage suggests prices may stay high for a while.

   Source: marketwatch.com

3. 3.

   The US 10-year Treasury yield rose 0.57% to 5.15%, a high level for borrowing costs that markets are watching closely.

4. 4.

   Meta and Tesla reported after the bell. Investors are focused on Meta's heavy AI spending, which some commentators compare to a past financial-crisis pattern.

   • $META
   • $TSLA

   Source: marketwatch.com

5. 5.

   Europe rallied. Germany's DAX gained 1.35% to 25,645.04, the Euro Stoxx 50 rose 1.40% to 6,207.52 and the CAC 40 added 1.06%.