Financial Markets Daily Report30 January 2026
With investor focus on the tech sector, equity markets moved lower during the session. US stock indices posted modest losses, with tech stocks under pressure as investors continued to digest Q4 earnings results. European indices were weighed by losses in business software companies amid concerns over the potential disruptive impact of AI on their business models.
Treasury yields ticked lower as the market awaited next week's monthly employment report to further assess the future path of interest rates. Euro area government yields fell synchronously, keeping spreads unchanged. Today, investors will be attentive to the release of Q4 2025 flash GDP estimates and January inflation data across several European countries.
In commodities markets, gold abruptly ended its recent rally, trading this morning around $5150/ounce, roughly $400/ounce lower than yesterday at the same time. Oil prices continued to rise as concerns increased of a possible US attack in Iran, and natural gas prices rose and already accumulate a 42.4% increase since the year started amid a cooler than expected winter.