Equities mixed after Wall Street rebound - 6.1.2025

Senior Analytical Expert

Articles:936

Todays’ Market Summary

The Dollar is retreating
US stock indexes futures are up currently
Brent is down currently.
Gold prices are edging lower currently

Top daily news

Global equity indexes are pointing in opposite directions currently after US stocks rebounded on Friday following a dip in first trading session of 2025. Tesla shares rallied 8.2% outperforming market amid reports EV maker’s China sales rose to record high in 2024 but global deliveries notched first annual decline, Microsoft stock rose 1.1% on Friday as the software giant said it is on track to invest about $80 billion in fiscal year 2025 to build AI-enabled data centers to train AI models and deploy AI and cloud-based applications around the world.

Open Account

Try Free Demo

Forex news

Currency Pair	Change
EURUSD	+0.3%
GBPUSD	+0.2%
USDJPY	+0.2%
AUDUSD	+0.3%

The Dollar is retreating currently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, ended 0.3% lower on Friday.

Both GBP/USD and EUR/USD reversed their retreating on Friday while German labor data showed unemployment rate ticked up to 6% in December. Both euro and Pound are higher against the Dollar currently. USD/JPY reversed its climbing while AUD/USD reversed its sliding on Friday with the yen lower against the Greenback currently and Australian dollar higher still.

Stock Market news

Indices	Change
DJI	+0.05%
NIKKEI	-0.4%
HK50	-0.6%
AU200	-0.3%

US stock indexes futures are up currently after ending higher on Friday as the the Institute for Supply Management data indicated that a US manufacturing slump slowed in December. The three main US stock benchmarks recorded daily gains in the range from 0.8% to 1.7%.

European stock futures are higher currently after closing lower on Friday led by auto shares. Asian stock indexes futures are mostly retreating today with Hong Kong’s Hang Seng index leading losses while data showed Japan’s services sector grew in December, albeit at a slower than expected pace.

Commodity Market news

Commodities	Change
#C-BRENT	-0.1%
OIL	-0.2%

Brent is down currently. Prices ended higher on Friday after Energy Information Administration (EIA) reported on Thursday US crude oil inventories declined while gasoline recorded significant increases the previous week. US West Texas Intermediate WTI rose 1.1% but is lower currently. Brent added 0.8% to $76.6 a barrel on Friday. For the week, Brent settled 0.9% higher, while WTI rose 1.3%.