The "Trump bump" continues to affect global markets.
In Europe the FTSE rose 27 Points (.33%), the DAX rose 51 points (.25%) and the CAC rose 37 points (.48%).
In the US, The DOW rose 537 points (1.24%), the NBI rose 114 points (2.65%), the NASDAQ Composite rose 126 points (.64%) and the Russell small cap index rose 42 points (1.85%).
Welcome and decent rise in the NBI seems to indicate a renewed interest in the Biotech sector.
US markets were positively affected by the Trump decision to delay 25% tariffs on Canada and Mexico until February 1st.
2024 Q4 company earnings have beaten market expectations, and this has lifted the US Indices.
US Treasury 10 year bond yield fell slightly to 4.564%
Oil prices fell - Brent crude is at US$79.47 per barrel.
Precious metal prices rose - gold is sitting at US$2,742 per oz.
BITCOIN continued to surge - now at US$106,017.
IMU Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held
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