Financial Market Preview - Thursday 19-Feb
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Financial Market Preview - Thursday 19-Feb
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About this listen
US equity futures are pointing modestly higher, with Asian markets broadly stronger and European equities trading lower. US equities finished higher on Wednesday, led by strength in big tech, high-beta names and most-shorted stocks, with memory, semis and software also rebounding. Treasury yields moved higher and the dollar strengthened following hawkish-leaning FOMC minutes, though markets continue to price in two additional rate hikes. Oil rallied sharply on concerns around potential US-Iran hostilities, supporting energy shares, while precious metals also advanced. Economic data came in broadly better than expected. Attention now turns to upcoming earnings, jobless claims, trade data and potential developments on tariffs.
Companies Mentioned: OpenAI, eBay, Etsy, Live Nation Entertainment