Risk Sentiment Rebounds in U.S. Markets

Positive Momentum in U.S. Stock Market

After two consecutive losing sessions and a challenging week, the U.S. stock market showed signs of improvement on Monday. Dollar and Treasury yields pressures eased, leading to a positive shift in risk sentiment.

Tesla Leads Consumer Discretionary Stocks

All sectors of the S&P 500 saw gains, with consumer discretionary stocks standing out, particularly with a 7% surge in Tesla Inc. This rally came after reports of the incoming Trump administration prioritizing regulations for autonomous vehicles.

Tech Sector Leads Nasdaq 100

The Nasdaq 100 outperformed other indices, driven by gains in commodities such as gold, crude oil, and natural gas amid escalating geopolitical tensions. The U.S. dollar paused its recent rally, while Treasury yields remained flat.

Cryptocurrency Market Continues to Rise

Bitcoin surged past $92,000, paving the way for a potential record-high close. Ethereum also saw gains, rising 3% on the day.

Market Data Overview

The major indices showed positive movement on Monday, with the Nasdaq 100, Russell 2000, S&P 500, and Dow Jones all posting gains. Various ETFs also saw increases, with consumer discretionary stocks leading the way.

Stock Performance Highlights

• Redfin Corp. declined after a downgrade from Goldman Sachs.
• Super Micro Computer Inc. rallied on compliance proposal news.
• Affirm Holdings Inc. rose on an expanded partnership with Priceline.
• Uber Technologies Inc. dropped amid concerns over regulations on autonomous vehicles.
• Palantir Technologies Inc. saw a decline following profit-taking.

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