To The Moon

Market Overview

Global equities advanced as investors digested earnings reports and trade developments. US stocks rallied, driven by Big Tech, while European markets edged higher on corporate earnings. Asian markets also climbed on tariff delays, though China remained closed for the Lunar New Year.

US Markets: Tech Drives Gains

Wall Street posted solid gains, with the Dow Jones $DJIA(.DJI)$  rising 134.13 points to 44,556.04 (+0.3%) and the S&P 500 $S&P 500(.SPX)$  climbing 43.31 points to 6,037.88 (+0.7%). The Nasdaq Composite $NASDAQ(.IXIC)$  surged 1.3%, leading the charge as investors found confidence in major technology stocks.

Europe: Earnings in Focus Amid Trade Concerns

European stocks posted modest gains, as investors shifted focus to corporate earnings. The German DAX rose 0.3%, the French CAC 40 climbed 0.6%, while the FTSE 100 dipped 0.1% on trade concerns, particularly regarding potential new US tariffs.

Asia: Stocks Rally on Tariff Delays

Asian markets saw strong gains after former US President Donald Trump announced a one-month delay on tariffs for Mexico and Canada. Japan's Nikkei 225 gained 0.7%, and Hong Kong’s Hang Seng Index $HSI(HSI)$  surged 2.8%. Chinese markets remained closed for the Lunar New Year holiday.

Outlook & Insights

US Big Tech Strength: The ongoing momentum in tech suggests continued investor confidence, though rising valuations may bring volatility.

Europe’s Trade Worries: While earnings drive European markets, concerns over potential tariffs could weigh on sentiment.

Asia’s Tariff Relief: The delay in tariffs provides short-term relief, but broader trade uncertainties remain.

Conclusion

Markets are cautiously optimistic, with US tech leading the rally and Europe focused on earnings. Trade remains a key theme, with tariff developments shaping sentiment in the coming weeks. Investors should watch for earnings surprises and geopolitical updates as key drivers of near-term market direction.