Market close recap

Europe closed lower ▼ (Down)

• 🇩🇪

  DAX

  ^GDAXI

  25,820

  ▼ 1.92%

  Down
• 🇫🇷

  CAC 40

  ^FCHI

  8,139

  ▼ 0.81%

  Down
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,170

  ▼ 0.98%

  Down

Wall Street closed higher ▲ (Up)

• 🇺🇸

  Nasdaq 100

  ^NDX

  26,990

  ▲ 1.35%

  Up
• 🇺🇸

  S&P 500

  ^GSPC

  7,377

  ▲ 0.31%

  Up
• 🇺🇸

  Dow Jones

  ^DJI

  51,286

  ▼ 0.46%

  Down

1. 1.

   US stocks ended mixed. The Nasdaq 100 rose 1.35% to 26,989.99 and the S&P 500 gained 0.31% to 7,376.86, while the Dow slipped 0.46% to 51,285.73. Stocks still finished the week lower.

   Source: marketwatch.com

2. 2.

   European indices fell sharply. The DAX lost 1.92% to 25,820.36, the CAC 40 dropped 0.81% to 8,139 and the Euro Stoxx 50 fell 0.98% to 6,170.49. In Asia, the Nikkei 225 sank 5.96% to 57,434.77, while the Hang Seng rose 2.35% to 24,481.86.

3. 3.

   Fed official Daly said a rate hike looks likely despite the tech-stock dive. The US 10-year Treasury yield rose 0.45% to 4.86%, adding pressure on equities.

   Source: news.google.com

4. 4.

   Chip stocks rebounded, with Nvidia and AMD leading the recovery. Investors are asking whether the relief will last ahead of Nvidia's upcoming earnings.

   • $NVDA
   • $AMD

   Source: marketwatch.com

5. 5.

   Elon Musk suggested SpaceX could pursue a large acquisition in the telecom sector, a possible deal that could draw attention from investors.

   Source: marketwatch.com