Stock market today: Dow, S&P 500, Nasdaq climb as Wall Street gets set to wrap up volatile week

^DJI ^IXIC ^GSPC

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  Stocks ascent astatine the open

  US stocks climbed Friday to reverse or, astatine the precise least, pare losses for the week.

  The tech-heavy Nasdaq Composite (^IXIC) roseate astir 0.5%, portion the S&P 500 (^GSPC) added astir 0.3%. The Dow Jones Industrial Average (^DJI) nudged up astir 0.2% aft stocks came backmost from a two-day losing streak connected Thursday.

  DJI - Free Realtime Quote • USD

  49,410.44 -32.00 (-0.06%)

  As of 9:50:01 AM EST. Market Open.

  ^DJI ^IXIC ^GSPC

  With Friday's aboriginal gains, large indexes are acceptable to spot mixed results for the afloat week. The S&P 500 is astir level for the 5 trading sessions done Friday, the Nasdaq is disconnected astir 0.2%, and the Dow is eyeing a 0.2% gain.

• State Street expands revenue, but net miss, sending the banal lower

  A time aft launching its organization integer plus level to propulsion further into crypto, plus manager and custody slope State Street (STT) reported 4th fourth results that showed coagulated underlying trends.

  But a repositioning complaint weighed connected net — and shares successful premarket trading. State Street's banal fell much than 2% up of the opening doorbell connected Friday.

  The plus manager reported rising gross of $3.7 cardinal successful the 4th quarter, driven by accrued interest gross and topping Wall Street expert expectations for $3.6 cardinal successful revenue, according to S&P Global Market Intelligence data. Net involvement income accrued by 7% twelvemonth implicit year.

  State Street's assets nether custody accrued 16% twelvemonth implicit twelvemonth to $53.8 trillion, chiefly owed to higher marketplace levels and flows. Assets nether absorption successful the 4th quarter, meanwhile, accrued 20% to $5.7 trillion.

  However, nett income of $747 cardinal declined 5% twelvemonth implicit year. State Street's GAAP net per stock of $2.42 missed expectations of $2.45 per share.

  State Street's wide expenses accrued 12%, which the institution mostly attributed to a $226 cardinal repositioning charge.

  Read much sum of firm net here.

• Morgan Stanley sees 70% surge for ASML shares successful its bull case

  Morgan Stanley has laid retired its bullish lawsuit for ASML (ASML, ASML.AS), saying successful the astir optimistic script the banal has a 70% rally up arsenic chipmakers ramp up spending to conscionable soaring AI demand.

  Bloomberg reports:

  Read much here.

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  PNC Financial net bushed gross estimates

  PNC Financial (PNC) banal roseate 3% earlier the doorbell aft reporting 4th fourth net connected Friday. The bank's net per stock (EPS) came successful astatine $4.88, beating analysts' estimates of $4.19. Revenue for the 4th besides topped estimates, coming successful astatine $6.1 billion, compared to the statement estimation of 5.95 billion.

  Investing.com reports:

  Read much here.

• China’s $1.2 trillion windfall softly seeps into planetary markets

  Bloomberg reports:

  A grounds commercialized surplus racked up by China is washing up astir the world, arsenic export net that erstwhile ended up successful authorities coffers alternatively money monolithic backstage purchases of overseas securities and concern enlargement abroad.

  Rather than leaving astir of past year’s $1.2 trillion windfall successful the hands of the cardinal bank, immoderate two-thirds of the overseas assets sourced chiefly from planetary commercialized ended up with companies, individuals and authorities lenders. That brings with it the hazard of a abrupt superior reversal that China doesn’t instantly control, particularly successful a satellite wherever the yuan is allowed to strengthen.

  Investors comprising China’s alleged non-official assemblage saw their holdings of assets overseas soar by much than $1 trillion successful the archetypal 3 quarters of past twelvemonth — according to the latest disposable information from China’s currency marketplace regulator — much than treble the yearly mean maturation successful the past decade.

  Putting that wealth to enactment past twelvemonth resulted successful a $535 cardinal surge successful Chinese backstage purchases of overseas securities similar US stocks, European bonds and communal funds, Bloomberg calculations show, though a much elaborate geographical breakdown of the investments isn’t available. The summation done September outpaced immoderate full-year summation implicit the past 2 decades and was acold much than poured retired of China successful the signifier of nonstop investments utilized to physique factories and warehouses oregon grow staffing abroad.

  Read much here.

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  Premarket trending tickers: Micron, J.B. Hunt Transport Services, and Coupang

  Micron (MU) shares edged higher by 6% successful premarket. The emergence follows the quality that erstwhile TSM co-CEO Mark Liu had bought Micron stock. Micron's director, Teyin Liu, besides purchased 23.2K shares of communal stock.

  J.B. Hunt Transport Services, Inc. (JBHT) banal fell 5% during premarket trading connected Friday aft reporting little quarterly revenue. The logistics institution said its cross-country shipments had declined.

  Coupang (CPNG) banal roseate 4% earlier the doorbell connected Friday. The online retail elephantine was deed by a cyberattack astatine the extremity of past year, which forced its CEO to measurement down.

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  'Real nightmare scenario': How Nvidia's China struggles could wounded its competitory edge

  Nvidia's (NVDA) China concern continues to consciousness the strain contempt President Trump allowing Nvidia to merchantability its precocious H200 chips to Beijing; the AI heavyweight inactive grapples with geopolitical hurdles that could harm its competitory advantage.

  Yahoo Finance's Laura Bratton and Daniel Howley look astatine the latest occupation to plague the Mag 7 giant.

  NasdaqGS - Nasdaq Real Time Price • USD

  190.24 +3.25 (+1.74%)

  As of 9:50:02 AM EST. Market Open.

  Read much here.

• Silver falls aft US pauses tariffs, but inactive heads for hefty play gain

  Silver dropped connected Friday aft the US held disconnected from putting import tariffs connected captious minerals, but was inactive up much than 15% for the week connected surging request for precious metals.

  COMEX - Delayed Quote • USD

  89.22 -3.13 (-3.39%)

  As of 9:40:00 AM EST. Market Open.

  Bloomberg reports:

  Read much here.

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  Canada, breaking with US, agrees to chopped tariff connected Chinese EVs successful instrumentality for little tariffs

  Canadian Prime Minister Mark Carney announced connected Friday that Canada and China person reached a woody for Beijing to chopped tariffs connected its canola by March 1, successful a motion that the countries' commercialized rift, which disrupted harvest flows, is starting to thaw.

  In return, Canada agreed to chopped tariffs connected Chinese electrical vehicles. Canada volition let up to 49,000 Chinese EVs astatine a tariff of 6.1%, Carney said aft talks with China's leader, President Xi Jinping.

  This is the archetypal sojourn from a Canadian premier curate since 2017, arsenic Canada seeks to physique its strategical alliances with its second-largest trading spouse aft the US.

  It is besides a motion that China whitethorn commencement to rebuild immoderate of its strategical allies, arsenic good arsenic a that Canada whitethorn beryllium breaking from the US.

  Bloomberg News reports:

  Read much here.

• Treasury market's historical inertia is making investors anxious

  Bloomberg reports:

  The 10-year Treasury note’s (^TNX) output is headed for a 5th consecutive week of minimal change, rivaling its longest agelong of inertia successful the past 2 decades.

  Since 2006, the median play scope for 10-year yields has been 16 ground points. For the past 5 weeks, it’s been little than 10 ground points, the longest comparable agelong since 2020.

  The inclination — a relation chiefly of expected stableness successful US monetary argumentation — is stoking anxiousness among bond-market investors due to the fact that erstwhile instances of constricted output ranges person been followed by selloffs.

  The 10-year note’s output scope of betwixt 4.1% to 4.2% since mid-December has survived hazard events including the December employment data, the US Justice Department’s actions against Fed Chair Jerome Powell and the imaginable of American subject enactment successful Iran, Ian Lyngen, interest-rate strategist astatine BMO Capital Markets, observed successful a report.

  “Investors person been near to ponder what would beryllium required to propulsion 10-year yields to 4.25% oregon 4.05%,” Lyngen wrote.

  Read much here.

• Oil prices driblet arsenic reduced chances of US involution successful Iran's onslaught connected civilians little planetary proviso fears

  Reuters reports:

  NY Mercantile - Delayed Quote • USD

  59.59 +0.51 (+0.86%)

  As of 9:40:00 AM EST. Market Open.

  CL=F BZ=F

  Oil prices fell successful Asian commercialized connected Friday, extending losses from the erstwhile session, arsenic concerns astir proviso risks eased aft the ​likelihood of a U.S. onslaught connected Iran receded.

  Brent (BZ=F) was down 21 cents, oregon ‌0.3%, to $63.55 per barrel, portion U.S. West Texas Intermediate (CL=F) fell 15 cents, oregon 0.3%, to $59.04 per tube astatine ‌0418 GMT.

  Both Brent and WTI roseate to multi-month highs this week aft protests flared up successful Iran and U.S. President Donald Trump signalled the imaginable for strikes connected the nation. Brent prices were inactive acceptable for a 4th week of gains.

  Late connected Thursday, however, Trump said ⁠Tehran's crackdown connected the protesters was ‌easing, allaying worries astir imaginable subject enactment that could disrupt lipid supplies.

  Brent prices person fixed backmost earlier gains but stay higher than a ‍week ago, with the diminution successful prices spurred by Trump's connection that helium would clasp disconnected connected subject strikes connected Iran, BMI analysts said successful a note.

  Read much here.

• Musk suit against Open AI and Microsoft acceptable to spell to trial

  Bloomberg reports:

  Read much here,

• Silver prices gaffe from grounds aft captious minerals tariff walked back

  Bloomberg reports:

  COMEX - Delayed Quote • USD

  89.22 -3.13 (-3.39%)

  As of 9:40:00 AM EST. Market Open.

  Read much here.