Market close recap

Europe closed higher ▲ (Up)

• 🇩🇪

  DAX

  ^GDAXI

  26,663

  ▲ 1.20%

  Up
• 🇫🇷

  CAC 40

  ^FCHI

  8,333

  ▲ 0.66%

  Up
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,393

  ▲ 1.04%

  Up

Wall Street closed higher ▲ (Up)

• 🇺🇸

  Nasdaq 100

  ^NDX

  28,374

  ▲ 2.28%

  Up
• 🇺🇸

  S&P 500

  ^GSPC

  7,619

  ▲ 1.31%

  Up
• 🇺🇸

  Dow Jones

  ^DJI

  52,486

  ▲ 0.49%

  Up

1. 1.

   US stocks rallied as AI names surged. The Nasdaq 100 rose 2.28% and the S&P 500 gained 1.31%, while the Dow added 0.49%. Renewed enthusiasm for AI followed upbeat CoreWeave results.

   Source: news.google.com

2. 2.

   Oil and bonds moved in step. Brent crude climbed 1.25% to 92.63, and the US 10-year Treasury yield rose 0.3% to 5.00%, so falling oil prices did not pull borrowing costs lower.

   Source: marketwatch.com

3. 3.

   European indices closed higher. The DAX gained 1.2%, the Euro Stoxx 50 rose 1.04% and the CAC 40 added 0.66%. In Asia, the Nikkei 225 rose 1.31% while the Hang Seng slipped 0.54%.

4. 4.

   Geopolitical risk stayed elevated. Saudi Arabia reported intercepting Houthi missiles and drones, and Iran's security chief said enriched nuclear material will not leave the country.

   Source: news.google.com

5. 5.

   EZCORP shares surged after its fourth-quarter results beat expectations, one of the day's notable company moves.

   Source: news.google.com