World markets receded from record highs, and Treasury yields traded with a downward bias ahead of the release of inflation data later in the week. European markets closed down. Japan's economic growth was revised higher, and bargain hunters returned to Chinese markets.
U.S. major averages declined in early trading after investors booked profits in high-flying semiconductor stocks linked to artificial intelligence applications.
U.S. major averages extended gains powered by semiconductor and tech stocks. The European Central Bank held steady its key lending rates and lowered its views on inflation and economic growth. China's exports rebounded, driving the trade surplus higher during the first two-month period.
Benchmark stock indexes advanced, Treasury yields held steady, and crude oil inched higher. The European Central Bank held its key lending rate steady and lowered its economic growth and inflation outlook.
Market indexes in the U.S. and Europe advanced, and investors overlooked ongoing interest rate uncertainties. U.S. job openings held nearly steady in January. In Europe, retail sales barely budged in January, and Germany's trade soared in the month.
World markets traded sideways as investors stepped aside on valuation worries compounded by ongoing rate uncertainties. China set an ambitious annual economic growth target and hiked its defense spending amid rising tensions with the U.S.
Major averages on Wall Street looked down, Treasury yields held firm, and crude oil prices lacked direction ahead of the release of non-farm payrolls and JOLT reports.
Benchmark indexes in the U.S. and Europe hovered near record highs as expectations of higher earnings growth overshadowed worries of interest rates staying higher for longer. Chinese policymakers' struggle to announce economic reforms may test new lows in Shanghai and Hong Kong.
Benchmark indexes traded around record highs as investors reassessed rate paths and continued to fuel a narrow market rally powered by semiconductor stocks.
U.S. major averages turned lower on the final trading day of the week after extending monthly gains for the fourth month in a row in February. European markets traded near record highs, and indexes in Japan, China, and India extended weekly gains.
U.S. benchmark indexes inched lower, and fourth-quarter economic growth was revised slightly lower. European markets held firm, and investors reacted to a flood of earnings results. Chinese markets continued to drift lower.