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US Stocks Bounce Back on Friday, European Stocks Ended The Week on A Gloomy Note.


London, Friday, 28 January 2022 -



US Markets summary


Investors digested earnings reports and a Fed tilt to more hawkish policy as US equities recovered early losses to settle considerably higher on Friday.


After losing more than 300 points early in the session, the Dow Jones finished 565 points higher, the S&P 500 gained 2.4 percent, and the Nasdaq gained 3.1 percent.


Apple's stock jumped nearly 7% after the firm reported record revenues and earnings, exceeding analysts' expectations, and indicated supply restrictions might improve in the March quarter.


Visa also increased by 10.6% after exceeding experts' earnings and sales projections.


The Dow gained 1.3 percent this week, while the S&P 500 gained 0.8 percent and the Nasdaq finished flat.


European Markets summary


Europe's equity markets closed the week in the red, with the German DAX down 1.3 percent and the pan-European losing 1.0 percent, hit by expectations of faster US Federal Reserve policy tightening and rising geopolitical tensions in Ukraine.


Most sectors ended lower, with miners leading the way with a 3.3 percent dip, while retailers ended higher after LVMH and H&M reported positive results.


The French luxury goods company rose 3.7 percent as sales growth quickened in the fourth quarter, while H&M, the Swedish fashion retailer, rose 5.1 percent and reported a higher profit than expected for the September-November period.


UniCredit, an Italian bank, also announced higher full-year revenue and underlying profit than projected. On a more positive note, GDP statistics from France, Spain, and Sweden exceeded expectations.


The DAX and the Stoxx 600 both declined 1.8 percent this week, marking the pan-European index's fourth consecutive weekly loss.


U.S. Stock Market Indexes

  • S&P 500: +105.49 (+2.44%) to 4,432.00

  • Nasdaq: +417.79 (+3.13%) to 13,770.57

  • Dow Jones: +565.42 (+1.66%) to 34,726.20


European Stock Market Indexes

  • STOXX Europe 600: −4.78 (1.02%) at 465.55 as at Jan 28, 6:00 PM GMT+1

  • FTSE 100 in London: −88.24 (1.17%) at 7,466.07 as at Jan 28, 4:35 PM GMT

  • DAX 30 in Germany: −205.32 (1.32%) at 15,318.95 as at Jan 28, 5:55 PM GMT+1

  • CAC 40 in France: −57.92 (0.82%) at 6,965.88 as at Jan 28, 6:05 PM GMT+1

  • FTSE MIB 30 in Italy: −317.06 (1.18%) at 26,565.41 as at Jan 28, 5:35 PM GMT+1

  • IBEX 35 in Spain: −96.20 (1.10%) at 8,609.80 as at Jan 28, 5:38 PM GMT+1


Other Markets

  • Ten-year U.S. Treasury note: -2.5 bps to yield 1.7820%

  • Dollar index: -0.04 or -0.04% at 97.22 as at Jan 28, 2022 4:59 p.m. EST

  • VIX volatility index: −2.83 (9.28%) at 27.66 as at Jan 28, 3:15 PM CST


Oil prices

  • Brent crude: +0.36 or +0.41% at $88.88 per barrel as at Jan 28, 2022 10:54 p.m. GMT

  • West Texas Intermediate: +0.68 or +0.79% at $87.29 per barrel as at Jan 28, 2022 4:59 p.m. EST


Precious metals

  • Gold: -4.88 or -0.27% at $1,792.11 an ounce

  • Silver: -0.27 or -1.17% at $22.47 an ounce


Cryptocurrencies

  • Bitcoin: +547.80 (1.47%) at $37,736.10 as at Jan 28, 11:24 PM UTC

  • Ethereum: +110.14 (4.54%) at $2,535.96 as at Jan 28, 11:25 PM UTC



(Written and edited by: The Decision Maker)