Public Markets 3d Briefing
×Market Moves
The S&P 500 dropped 1.2% investing.com in its worst weekly performance since June, marking its first two-week loss. South Korea’s Kospi surged over 40% wsj.com this year, breaking above 6,000 as semiconductor and auto shares led Wednesday’s gains. Australian CPI rose more than expected investing.com in January, accelerating core inflation, while Wise Tech jumped on upbeat HY earnings investing.com.
Macro & Policy
Japan may intervene to buy yen bloomberg.com amid speculation over currency weakness. Ecuador eyes a $4B bond sale bloomberg.com to return to capital markets. Hong Kong’s budget narrowed the deficit bloomberg.com with tech bets in focus, raising expectations for modest relief measures.
Corporate Activity
Entrata investing.com is working with Goldman Sachs and JPMorgan on an IPO. Woolworths surged on strong HY earnings investing.com. Lucid cut its U.S. workforce wsj.com by 12% to reduce costs, reporting a wider loss. Planet Fitness reported higher revenue bloomberg.com but forecast lower EPS growth.
Economic Indicators
Gold edged higher wsj.com amid possible position adjustments. Bond traders bet on Fed rate cuts bloomberg.com extending into 2027. The U.S. factory orders declined bloomberg.com in December, while durable goods orders fell 1.4%.
Financial Markets
Private credit defaults could reach 15% bloomberg.com in a worst-case scenario. Raistone liquidated after First Brands collapse bloomberg.com. Cava saw revenue rise 21% wsj.com on higher prices and new openings.
Global Developments
Asian stocks rose after a tech rebound bloomberg.com in the U.S. Tesla EU registrations fell 17% investing.com. Home Depot reported lower profit wsj.com amid a housing downturn. Exxon touts Guyana growth bloomberg.com for future oil fields.
Technology & Innovation
Nvidia’s Meta deal fueled AI spending bloomberg.com. Anthropic partnered with Thomson Reuters bloomberg.com. AI-linked fears riled markets investing.com after a dystopian report.
Regulatory & Legal
The U.S. Supreme Court ruled against Trump’s tariffs wsj.com, with Nevada AG calling it an overreach. Binance faces a U.S. probe bloomberg.com over Iran, Russia violations.
Corporate Governance
Bof A upgraded Smucker investing.com but cut General Mills on slower recovery. HSBC faces earnings test bloomberg.com after a stock rally.
Market Sentiment
Dystopian AI fears spooked payment stocks investing.com. Gold dipped for a second day bloomberg.com on prolonged rate hold expectations.
Regional Focus
Mexico’s mid-month inflation data bloomberg.com may keep a March rate cut in play. Australian REITs boosted by office returns bloomberg.com.
Final Notes
The luxury resale market boomed wsj.com, but brands struggled to cash in. Apple’s Tim Cook warned against phone obsession wsj.com.
S&P 500 Ends Week Lower South Korea’s Kospi Gains Over 40% This Year Australia CPI rises more than expected Wise Tech jumps on upbeat HY earnings Japan may intervene to buy yen Ecuador eyeing $4B bond sale Hong Kong Budget Set to Narrow Deficit Entrata working with Goldman Sachs Woolworths shares surge on strong HY earnings Lucid to Cut U.S. Workforce by 12% Planet Fitness CEO on ‘Unparalleled’ Reach Gold Edges Higher Amid Possible Position Adjustments Bond Traders Are Betting on Fed Rate Cuts US Factory, Durable Goods Orders Declined UBS Now Sees Private Credit Defaults Reaching 15% Raistone to Liquidate After First Brands Blowup Cava Fourth-Quarter Sales Rise Asian Stocks Rise After Tech-Led Rebound in US Tesla EU registrations fall 17% Home Depot Profit Falls As Home Improvement Downturn Continues Exxon Touts Guyana Growth in Race For Next Decade’s Oil Fields Nvidia Just Sold Its Stake in Applied Digital and Arm Holdings Anthropic demonstrates Claude’s newest capabilities AI-linked fears roil some corners of Wall Street Trump Overstepped Authority on Tariffs, Says Nevada AG Binance Faces U.S. Probe Over Alleged Iran, Russia Violations Bof A upgrades Smucker, cuts General Mills HSBC Faces Earnings Test After Stock Rallies 89% Dystopian AI report sinks payment and software stocks Gold Dips for Second Day on Prospects of Prolonged Rate Hold Mexico Mid-Month Inflation Data May Keep March Cut in Play Australian Real Estate Firms Buoyed by Staff Returning to Office The Luxury Resale Market Is Booming. Brands Are Struggling to Cash In. Apple CEO Tim Cook Says If You Look at Your Phone More Than Someone's Eyes, 'You're Doing The Wrong Thing'