European indices close higher on the day led by the UK’s FTSE 100 with a gain of 0.64%. A snapshot of the closing levels shows:
- German DAX, +0.42%
- France’s CAC +0.08%
- UK’s FTSE 100, +0.64%
- Spain’s Ibex, +0.39%
- Italy’s FTSE MIB +0.41%
US indices are also higher with the NASDAQ index trading up 1.04% erasing have of the -2.04% decline yesterday. The S&P index is up 0.78% after falling -1.17% yesterday. The Dow industrial average is up 0.63% after falling -0.53% yesterday.
Meta is a bouncing after 4 days of declines saw the pair fall by -16.54%. The shares are up 2.12% today.
Nvidia is up 1.19%. Micron is up 8.3%. AMD is up 2.39% after earnings after earnings yesterday, and Broadcom is up 2.66%.
Shares of Palantir are underperforming for the 2nd consecutive day . Yesterday shares tumbled -7.94% on valuation concerns after earnings beat expectations. Today the stock is down another -1.84%.
