01 Stock Market
As of Jan 27, the U.S. major indexes closed as follows: the Dow Jones Industrial Average up 0.64% at 49412.40; the S&P 500 up 0.50% at 6950.23; and the Nasdaq Composite up 0.43% at 23601.36.
Unusual-move stocks were led by rare earths, precious metals, and select megacaps. USAR up 7.87% at $26.72; SLV up 5.84% at $98.34; AGQ up 9.70% at $350.89; GLD up 1.46% at $464.70; AAPL up 2.97% at $255.41; META up 2.06% at $672.36; GOOG up 1.57% at $333.59; MSFT up 0.93% at $470.28; NVDA down 0.64% at $186.47; TSLA down 3.09% at $435.20; INTC down 5.72% at $42.49; AMD down 3.22% at $251.31; MU down 2.64% at $389.09; ORCL up 2.98% at $182.44; AVGO up 1.50% at $324.85; CRWV up 5.73% at $98.31; RKLB down 9.47% at $80.48; MP down 8.82% at $63.44.
Breadth showed strength among tech ETFs and precious-metals proxies, while some healthcare and space names weakened. QQQ up 0.44% at $625.46; SPY up 0.51% at $692.73; VOO up 0.51% at $637.09; TQQQ up 1.29% at $55.08. Health insurance bellwether UNH down 1.30% at $351.64. Elsewhere, NFLX down 0.49% at $85.70, reflecting dispersion across growth cohorts.
02 Other Markets
U.S. 10-year Treasury yield rose by 0.00%, latest at 4.21.
USD/CNH rose 0.0000%, at 6.95; USD/HKD fell 0.0051%, at 7.80.
U.S. Dollar Index rose 0.0072%, at 97.07.
WTI crude futures rose 0.30%, at 60.81 USD/bbl; COMEX gold futures fell 0.84%, at 5039.80 USD/oz.
03 Top News
Centers for Medicare & Medicaid Services proposed a minimal Medicare Advantage rate update, pressuring insurer stocks. The agency outlined an average 0.09% increase with risk‑adjustment changes to improve payment accuracy and maintain affordable coverage. It projected over $700 million in additional payments in 2027. Shares of leading insurers fell as reimbursement expectations eased.
U.S. officials raised tariffs on South Korean autos, pharmaceuticals, and lumber to 25%, citing stalled agreement ratification. The hike from 15% adds tension to bilateral trade and underscores enforcement of trade commitments. South Korea-linked assets weakened as investors assessed potential cost impacts.
Nvidia invested $2 billion in CoreWeave, expanding their AI infrastructure partnership. The purchase at $87.20 per share boosts Nvidia’s stake and supports plans to exceed 5 gigawatts of AI data center capacity by 2030. CoreWeave shares rose on the funding and accelerated land/power procurement.
USA Rare Earth secured access to $1.6 billion in proposed CHIPS funding and raised $1.5 billion in private capital to build a mine‑to‑magnet supply chain. A non‑binding LOI with the Department of Commerce and collaboration with the Department of Energy aim to expand heavy REE processing and NdFeB magnet capacity. The capital is intended to de‑risk growth and reshore critical materials.
Lemonade offered a 50% insurance discount to Tesla drivers for miles driven with Full Self‑Driving. The incentive aims to increase autonomous mile adoption and aligns pricing with driver‑assist usage. It may enhance data collection and attract EV owners seeking lower operating costs.
Tesla added highway driver‑assistance features to its monthly subscription in North America to boost recurring AI‑driven revenue. Previously included with purchase, the features now expand the subscription value proposition. Management signaled expectations for wider regulatory acceptance of autonomy in major markets.
Ryanair issued cautious full‑year guidance and modestly raised traffic targets amid geopolitical risks and capacity constraints. Profit after tax excluding exceptional items is guided to roughly €2.13–€2.23 billion, with passengers near 208 million. Shares softened as the outlook disappointed some investors, while anticipated Max deliveries support fleet plans.
Zijin Mining agreed to acquire Allied Gold for about $4 billion in cash, expanding its global gold portfolio. The deal values Allied at C$44 per share, reflecting consolidation amid record bullion prices. Allied’s African assets are expected to enhance production scale, with closing targeted later this spring subject to approvals.
Singapore committed over S$1 billion to a National AI R&D Plan to strengthen public research capacity. The initiative aligns with NAIS 2.0 to build core AI capabilities and infrastructure. Policymakers aim to attract talent and catalyze applied research across priority sectors to shore up competitiveness.
Coinbase explored equity investment and cooperation with Coinone, signaling expansion in South Korea. Senior executives met local stakeholders to assess strategic tie‑ups and market entry. Potential transactions would advance integration with regional exchanges amid sector consolidation and evolving compliance needs.
Sources: Reuters, Dow Jones, Tiger Newspress, public market data
Disclaimer: This content is for reference only and does not constitute investment advice.
