Market close recap

Europe closed higher ▲ (Up)

• 🇩🇪

  DAX

  ^GDAXI

  26,772

  ▲ 0.41%

  Up
• 🇫🇷

  CAC 40

  ^FCHI

  8,361

  ▲ 0.34%

  Up
• 🇪🇺

  Euro Stoxx 50

  ^STOXX50E

  6,399

  ▲ 0.09%

  Up

Wall Street closed lower ▼ (Down)

• 🇺🇸

  Nasdaq 100

  ^NDX

  28,289

  ▼ 0.30%

  Down
• 🇺🇸

  S&P 500

  ^GSPC

  7,592

  ▼ 0.35%

  Down
• 🇺🇸

  Dow Jones

  ^DJI

  52,297

  ▼ 0.36%

  Down

1. 1.

   Nvidia shares fell about 4% after CEO Jensen Huang announced he is stepping down. The S&P 500 ended down 0.35%, the Nasdaq 100 down 0.3% and the Dow down 0.36%, as investors weighed who will lead the chipmaker next.

   • $NVDA

   Source: marketwatch.com

2. 2.

   US bond yields jumped during the session, with the 10-year Treasury yield rising to 5.1% from 5.0%. Higher yields added pressure on equities as Wall Street ended lower.

   Source: marketwatch.com

3. 3.

   Brent crude rose 3.24% to 95.77 after Yemen's Houthis said they attacked a pumping station on Saudi Arabia's East-West oil pipeline. The move reflects renewed concern about supply disruption in the Middle East.

   Source: news.google.com

4. 4.

   Cisco beat earnings expectations and said its AI infrastructure revenue will double this fiscal year. Cerebras also beat on quarterly revenue, announced a Microsoft deal and rose 13%, while Applied Materials beat its quarterly targets on strong chip-equipment sales.

   • $CSCO
   • $CBRS
   • $AMAT

   Source: cnbc.com

5. 5.

   European stocks closed higher, with the DAX up 0.41% and the CAC 40 up 0.34%. In Asia, the Hang Seng fell 2.23% and the Nikkei 225 lost 0.7%, leaving regional markets under pressure.