Global equities show divergence as Asia weakens while Europe opens firmer, reflecting a mild risk-off regime with VIX stable at 15.83. Session driver is mega-cap tech earnings digestion with Nvidia surging +12.40% weekly while Apple lags -6.73%, creating sector rotation dynamics.
Global equities show divergence as Asia weakens while Europe opens firmer, reflecting a mild risk-off regime with VIX stable at 15.83. Session driver is mega-cap tech earnings digestion with Nvidia surging +12.40% weekly while Apple lags -6.73%, creating sector rotation dynamics.
IBEX 35: 20,256 +0.99% — Spanish equities lead on banking strength and economic resilience CAC 40: 8,731 +0.71% — French luxury and industrial stocks benefiting from China stimulus hopes FTSE MIB: 53,830 +0.72% — Italian financials driving gains amid ECB policy expectations Dow Jones: 54,349 +0.49% — Defensive rotation into industrials supporting outperformance FTSE 100: 10,922 +0.31% — Energy and mining stocks providing modest support despite commodity weakness Hang Seng: 25,498 -1.61% — Property sector contagion and capital outflow concerns persist 🇺🇸 US MARKET S&P 500 at 5,769.79 holding above 5,750 support with negative bias from tech profit-taking; jobless claims data Thursday key catalyst. Nasdaq 26,363 showing weakness at -0.83% as Alphabet's -4.03% drop weighs; 26,000 critical support with AI spending sustainability in focus. Dow 54,349 outperforming on defensive rotation; 54,500 resistance ahead with manufacturing PMI release potential catalyst. 🇪🇺 EUROPE DAX 26,198 +0.28% consolidating near record highs as auto sector stabilizes after recent weakness. FTSE 100 at 10,922 +0.31% supported by energy majors despite crude oil price softness. CAC 40 at 8,731 +0.71% leading Europe on LVMH and Hermes strength anticipating Asian demand recovery. 💻 TECH FOCUS Nvidia $219.22 +3.43% today, +12.40% weekly on Blackwell architecture orders accelerating from hyperscalers and enterprise clients. Amazon $272.65 -1.72% today despite +15.77% weekly rally as profit-taking emerges following AWS growth beat and Prime momentum.
LONG: Nvidia entry $217-219, SL $210, TP $235 — AI infrastructure cycle intact with data center capex acceleration LONG: DAX entry 26,150-26,200, SL 25,900, TP 26,600 — Technical breakout setup with European earnings momentum SHORT/AVOID: Apple avoid new longs — iPhone 18 demand concerns and China share loss to Huawei creating downside to $295
Hong Kong contagion spreading to developed markets if Hang
📈 EQUITY SUMMARY Global equities show divergence as Asia weakens while Europe opens firmer, reflecting a mild risk-off regime with VIX stable at 15
Hong Kong contagion spreading to developed markets if Hang