Markets mixed after SP 500 ended at another record - 20.2.2025

Senior Analytical Expert

Articles:963

Todays’ Market Summary

The Dollar strengthening has reversed
The US stock index futures are down currently
Brent is edging down presently.
Gold prices have resumed advancing

Top daily news

Global equity indexes are pointing in different directions currently after Wall Street closed higher on Wednesday. Tesla shares rose 1.82% outperforming market after CEO Musk and president Trump discussed potential conflicts of interest on Fox News, Apple shares edged up 0.16% on Wednesday as Apple announced a new budget smartphone, called the iPhone 16e, that runs on Apple's A18 processor and includes the first cellular modem designed by Apple, the Apple C1 and starts at $599 vs. the cheapest current iPhone 16 handset at $799 and will be available on February 28 with preorders beginning Friday.

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Forex news

Currency Pair	Change
EUR/USD	+0.3%
GBP/USD	+0.2%
USD/JPY	-0.6%
AUDUSD	+0.4%

The Dollar strengthening has reversed today. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, ended 0.2% higher on Wednesday.

GBP/USD joined EUR/USD’s continuing retreat yesterday as the Office for National Statistics reported the UK’s inflation rate rose by above expected 3% in January. Both Pound and euro are higher against the dollar currently. USD/JPY reversed its advancing while AUD/USD resumed its sliding on Wednesday with both the yen and the Australian dollar higher against the Greenback currently.

Stock Market news

Indices	Change
DJI	-0.2%
NIKKEI	-0.6%
HK50	-0.7%
AU200	-0.6%

The US stock index futures are down currently ahead of unemployment benefits and Philly Fed Manufacturing Index reports at 14:30 CET. US stocks ended marginally higher on Wednesday with the three main US stock benchmarks recording daily gains in a range from 0.07% to 0.24% while minutes from the Federal Reserve’s last meeting showed policymakers were concerned about the effects of President Donald Trump’s trade and immigration proposals and their prospects for hindering the drive to ease inflation.

European stock indexes are mixed currently after closing lower yesterday amid disappointing earnings reports. Asian stock indexes futures are mostly retreating currently with Hong Kong’s Hang Seng Index leading losses while Japanese auto makers fell after president Trump said his next round of tariffs - 25% duties on automobiles, pharmaceuticals, and semiconductors - will come within the next month.

Commodity Market news

Commodities	Change
#C-BRENT	-0.1%
OIL	-0.2%

Brent is edging down presently. Prices ended higher on Wednesday ahead of the American Petroleum Institute (API) report of builds in US crude oil inventories and gasoline inventories last week. The Energy Information Administration (EIA) will report US crude oil stocks today at 18:00 CET. The US oil benchmark West Texas Intermediate (WTI) futures advanced to $72.13 per barrel but are lower currently. Brent crude added 0.3% to $76.08 a barrel on Wednesday.