Public Markets 3h Briefing
×Market Moves
S&P 500 futures bloomberg.com rose 0.3% in premarket trading as investors positioned for Nvidia earnings. Treasuries bloomberg.com headed toward their biggest weekly drop in a week as improved risk appetite reduced haven demand. Bitcoin bloomberg.com holders in loss are selling into rallies, with 45% of supply now underwater.
Corporate News
Circle Internet investing.com shares surged after beating Q4 estimates, as stablecoin demand drove a profit surge. TJX investing.com reported earnings above forecasts but issued cautious guidance, citing pressured consumer spending. Lowe’s wsj.com fourth-quarter sales rose on growth from its pro builder segment, though the housing market remains challenging.
Macro & Policy
China bloomberg.com warned it will respond if a US trade probe leads to new tariffs, escalating tensions. The Bank of England ft.com does not need to mechanically follow Federal Reserve policy, according to the Financial Times. US mortgage rates bloomberg.com fell to their lowest since 2022, sparking a refinancing wave. OPEC+ bloomberg.com delegates expect the group to agree on modest production increases at this weekend’s meeting.