Europe closes mixed as energy spikes, gold firms and crypto sells off, with FTSE 100 outperforming
Executive summary: European equities ended the session under pressure overall, as the DAX, CAC 40 and Euro Stoxx 50 slipped while the FTSE 100 outperformed and closed higher. The move came alongside a sharp jump in Brent crude, a strong rise in natural gas, firmer gold and silver, and a heavy drop in Ether. FX moves were modest, with the euro and sterling both softer against the dollar and USD/JPY edging higher. [Continue Reading]
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Wall Street closes higher as megacap tech, Tesla and chip stocks lead a broad risk-on session
Executive summary: U.S. equities finished sharply higher, with the Nasdaq Composite up +2.5% and the S&P 500 gaining +2.0% as investors rotated into technology and AI-linked names. Tesla surged +6.5%, Amazon rose +4.3%, and Nvidia added +4.0%, helping offset weakness in bitcoin, ether, crude oil and several metals. The move came alongside a softer tone in WTI crude and a stronger U.S. dollar versus the yen, while small caps lagged and defense shares slipped. [Continue Reading]

