Market close recap

Europe closed higher ▲ (Up)

• 🇩🇪

  DAX

  ^GDAXI

  26,040

  ▲ 1.31%

  Up
• 🇫🇷

  CAC 40

  ^FCHI

  7,970

  ▲ 1.05%

  Up
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,207

  ▲ 0.64%

  Up

Wall Street closed lower ▼ (Down)

• 🇺🇸

  Nasdaq 100

  ^NDX

  29,403

  ▼ 1.38%

  Down
• 🇺🇸

  S&P 500

  ^GSPC

  7,720

  ▼ 0.30%

  Down
• 🇺🇸

  Dow Jones

  ^DJI

  52,343

  ▼ 0.25%

  Down

1. 1.

   Alphabet's slide weighed on tech. The Nasdaq 100 fell 1.38% to 29,402.51 while the S&P 500 ended down 0.30% at 7,720.39.

   • $GOOGL

   Source: marketwatch.com

2. 2.

   Amazon missed expectations, reporting EPS of 1.89 against about 2.00 expected and revenue of $201.9 billion against about $206.3 billion. Heavy AI spending is unsettling investors.

   • $AMZN

   Source: marketwatch.com

3. 3.

   Intel shares fell more than 15% after a weak outlook tied to a slowdown in PC demand, according to market reports.

   • $INTC

   Source: marketwatch.com

4. 4.

   Europe closed higher: the DAX rose 1.31% to 26,039.68 and the CAC 40 gained 1.05% to 7,970. The US 10-year yield eased 1.11% to 4.99%.

5. 5.

   Brent crude rose 0.68% to $111.55. Market commentary suggests oil will stay near the $100 level regardless of Gulf developments.

   Source: marketwatch.com