Market close recap

Europe closed lower 🔴 (Down)

• 🇩🇪

  DAX

  ^GDAXI

  25,372

  🔴 1.07%

  Down
• 🇫🇷

  CAC 40

  ^FCHI

  7,811

  🔴 1.39%

  Down
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,087

  🔴 1.94%

  Down

Wall Street closed lower 🔴 (Down)

• 🇺🇸

  Nasdaq 100

  ^NDX

  28,959

  🔴 2.90%

  Down
• 🇺🇸

  S&P 500

  ^GSPC

  7,663

  🔴 1.21%

  Down
• 🇺🇸

  Dow Jones

  ^DJI

  52,868

  🟢 0.02%

  Up

1. 1.

   Wall Street's tech sell-off set the tone: the Nasdaq 100 fell 2.90% and the S&P 500 lost 1.21%, while the Dow ended roughly flat at +0.02%. Renewed doubts about AI valuations weighed on the sector.

   Source: cnbc.com

2. 2.

   European shares closed lower: Euro Stoxx 50 -1.94%, CAC 40 -1.39% and DAX -1.07%. Investors moved toward defensive sectors.

3. 3.

   Brent crude rose 3.72% to 112.87, close to Iran-war highs, as soaring tanker rates raised fears of a second energy squeeze.

   Source: marketwatch.com

4. 4.

   The US 10-year Treasury yield fell to 4.95% from 5.15%, a drop of 3.75%, as investors looked for safety away from equities.

   Source: marketwatch.com

5. 5.

   Asian indices also fell sharply: Hang Seng -3.91% and Nikkei 225 -2.65%.