From Nasdaq, Inc.:

Asian equity markets rose, except for China and Hong Kong, with Japan’s Nikkei gaining 1.40%. European markets are mostly higher. U.S. equity futures point to a positive market. Japan’s annual inflation rate fell to 2.6% in December. UK retail sales fell by 2.4% YoY in December. Foreign direct investment into China fell by 8% YoY.4230 companies report quarterly results next week. The Splendid Six, except Tesla, led markets. Boeing gained 4.12% after solid performance. Dow, S&P 500 and Nasdaq were all higher. Discover Financial Services dropped 10.80% after missing earnings. Bitcoin and Ether are down year-to-date. Several companies including Ally Financial, Comerica, and Intel reported their quarterly earnings. Technology stocks seem poised to have another strong day. Super Micro Computer increased its quarterly sales and profit guidance. Instagram’s Meta is purchasing AI products including 350,000 H100s from Nvidia. iRobot’s shares were hit hard following the EU blocking its planned acquisition by Amazon. YouTube and Spotify won’t launch new app for Apple’s Vision Pro mixed reality headset. Amazon Web Services will invest about $15.53 billion in Japan. VF Corp. shared that the personal data of approximately 35.5M individual consumers was stolen in a cybersecurity incident. Macy’s plans to lay off about 13% of its corporate staff and close five stores. No companies are expected to report quarterly results after equities stop trading today. Leading indicators and flash manufacturing and services PMIs will be released in the coming days.



Read more: Daily Markets: Tech Rally Looks to Continue, But Here’s What the Market Faces Next Week