"Futures are trading mixed after a solid start to the week, with all the major indices, except the Russell 2000, finishing the day higher. Anticipation of earnings reports from mega-cap technology stocks, including Microsoft, Meta, and Tesla, and the January Federal Reserve meeting, where the Fed is expected to hold rates steady, were in play on Monday. Toss in some positive energy sector performances and news of Nvidia's increased investment in CoreWeave, and all the ingredients were in place for a solid rally"
"Treasury Bonds: Treasury yields were lower across the curve as buyers took advantage of a well-received auction of 2-year notes. Investor nervousness regarding inflation, anticipation of Federal Reserve policy, and international trade concerns were all cited as reasons for the positive day for U.S. governement debt. The 30-year bond closed at 4.80%, while the benchmark 10-year note was last at 4.21%."
Markets opened mixed as major U.S. indices advanced while the Russell 2000 fell. Anticipation of earnings from Microsoft, Meta, and Tesla, alongside an expected Federal Reserve decision to hold rates, supported gains. Energy sector strength and Nvidia's increased investment in CoreWeave added momentum. The Dow closed at 49,412 (+0.64%), the S&P 500 at 6,950 (+0.50%), and the Nasdaq at 23,601 (+0.43%), while the Russell 2000 slipped to 2,659 (-0.36%). Treasury yields declined after a well-received 2-year auction, with the 30-year at 4.80% and the 10-year at 4.21%. Oil benchmarks eased on a stronger supply outlook, easing geopolitical tensions, and profit-taking, while natural gas surged amid a Northeast winter storm; Brent closed at $65.68 and WTI at $60.76.
Read at 24/7 Wall St.
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