Anti-Clickbait News Summaries for January 9, 2025
Elon Musk emerges as key player in potential $20 trillion transatlantic tunnel project
Hi, itβs Jack and the Daily Moat team with your daily news summaries π
The Markets:
Futures Highlights
Global markets show mixed movement, with energy prices diverging while equities remain subdued. Crude oil and gold are inching higher, but equity indices are mostly in the red or near flat.
π’ Crude Oil: 73.68 (+0.36 | +0.49%)
π΄ Natural Gas: 3.6070 (-0.0440 | -1.21%)
π’ Gold: 2692.60 (+20.20 | +0.76%)
βͺ Dow: 42855.00 (-23.00 | -0.05%)
π΄ S&P 500: 5948.50 (-10.75 | -0.18%)
π΄ Nasdaq 100: 21306.75 (-54.00 | -0.25%)
π΄ Russell 2000: 2250.00 (-4.00 | -0.18%)
Forex & Bonds
Currency pairs drift lower against the dollar, while bond yields continue to show a slight upward trend. The euro and pound are notably weaker, whereas longer-term Treasury rates are ticking higher.
π΄ EUR/USD: 1.0303 (-0.0015 | -0.15%)
π΄ USD/JPY: 157.69 (-0.64 | -0.41%)
π΄ GBP/USD: 1.2292 (-0.0068 | -0.55%)
π΄ BTC/USD: 93186.60 (-1145.60 | -1.21%)
βͺ 5-Year Treasury: 4.467 (+0.002 | +0.04%)
π’ 10-Year Treasury: 4.693 (+0.01 | +0.21%)
π’ 30-Year Treasury: 4.932 (+0.022 | +0.45%)
Major News
Big tech and biotech stocks are driving todayβs headlines, with a few standouts in both positive and negative territory. EBAY surges in double-digit gains, while EIX tumbles double digits on the downside.
Sorted from biggest winners to biggest losers:
π’ EBAY: +9.86%
π’ BSX: +4.30%
π’ JEF: +0.69%
π’ AAPL: +0.20%
π’ TSLA: +0.15%
βͺ AMZN: +0.01%
βͺ NVDA: -0.02%
π΄ INTC: -0.65%
π΄ GOOG: -0.67%
π΄ ADBE: -0.72%
π΄ GOOGL: -0.79%
π΄ META: -1.16%
π΄ XOM: -1.67%
π΄ AMD: -4.31%
π΄ MRNA: -9.17%
π΄ EIX: -10.18%
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