EUR/USD
1.17822
-0.207%
Gold
4795.19
-3.433%
Oil
62.855
-2.144%
USD/JPY
157.057
0.117%
GBP/USD
1.35344
-0.863%
GBP/JPY
212.572
-0.724%
Real-time News
The Dow Jones Industrial Average closed down 592.70 points, or 1.20%, at 48,908.60 on Thursday, February 5; the S&P 500 closed down 84.42 points, or 1.23%, at 6,798.30; and the Nasdaq Composite closed down 363.99 points, or 1.59%, at 22,540.59.February 6th - U.S. stocks closed lower on Thursday. The Dow Jones Industrial Average fell 1.2%, the S&P 500 fell 1.2%, and the Nasdaq Composite fell 1.59%, marking the third consecutive day of declines for the latter two. The Nasdaq has fallen nearly 4% this week. Tesla (TSLA.O) fell 2%, Nvidia (NVDA.O) fell more than 1%, and Oracle (ORCL.N) fell 7%. The Nasdaq China Golden Dragon Index closed up 0.9%, Dingdong Maicai (DDL.N) fell 14%, and NIO (NIO.N) rose 6%.February 6th - Commodity traders are continuing to withdraw from assets that have recently seen strong gains. Precious and industrial metals fell again today, with some traders observing funds shifting to other commodity sectors such as agricultural futures. "Fund flows are a significant factor," noted Karl Setzer of Consus Agriculture Consulting. "The agricultural sector is relatively undervalued, thus attracting inflows."February 6 – Canadian Prime Minister Mark Carney announced a new electric vehicle strategy on February 5, including the reintroduction of purchase subsidies and a commitment to collaborating with China to promote domestic production and export of electric vehicles in Canada. According to a statement released by the Prime Ministers Office, Canada will fully utilize existing and new trade agreements, including the recent electric vehicle cooperation agreement with China, to promote large-scale investment in the sector, diversify Canadas automotive export markets, and establish Canada as a global leader in the electric vehicle industry.The United States will remove 1,675 retaliatory tariffs on Argentine products.
