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Technology stocks came under renewed selling pressure, dragging US equity markets lower - Dow fell -167-points or -0.34% to 49,240.99 after touching a record intra-day high of 49,653.13. Nvidia Corp fell -2.87%, with Chief Executive Officer (CEO) Jensen Huang saying in an interview with CNBC that the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewing tension between the two sides. Mr Huang said that Nvidia would invest in OpenAI’s next fundraising round, which he called the “largest private round ever raised in history.” OpenAI is engaging in fundraising discussions for a round that could raise as much as US$100B, according to a CNBC report last month. Retail giant Walmart Inc rose +2.94% and joined the club of stocks with a market capitalisation more than US$1 trillion. Only 11 other companies are larger, with Nvidia and Alphabet Inc (-1.22%) having market capitalisations greater than >US$4 trillion.

US equity markets opened February on a firmer footing despite fresh falls on metals markets and as investors continued to ponder President Trump’s nomination for the next Chair of the Federal Reserve - Dow rose +515-points or +1.05%. Caterpillar Inc (+5.1%), Walmart Inc (+4.13%) and Apple Inc (4.06%) all rallied over >4%. Nvidia Corp dropped -2.89% after The Wall Street Journal (WSJ), citing people familiar with the matter, that the chipmaking giant’s plans to pour US$100B into OpenAI had stalled, with company executives expressing doubt about the deal.

US equity markets retreated on Friday (30 January) as technology stocks remained under pressure, while precious metals markets saw some vicious volatility - Dow fell -179-points or -0.36% as a host of components in the 30-stock index posted quarterly results.

• US equity markets settled narrowly mixed as investors absorbed another busy corporate earnings calendar - Dow edged +56-points or +0.11% higher, with International Business Machines Corp (IBM) rising +5.13% to be the leading performer in the 30-stock index after posting stronger-than-expected fourth quarter EPS and revenue after the close of the previous session. Microsoft Corp tumbled -9.99% and recorded worst daily performance since March 2020 following the release of the company’s fourth quarter result after the close of the previous session, with investors seemingly unnerved by record spending on artificial intelligence (AI) last quarter.

US equity markets settled narrowly mixed as investors eyed quarterly results from mega-capitalisation technology companies after the closing bell and the Federal Reserve’s first interest rate decision of 2026 - Dow inched +12-points or +0.02% higher Nvidia Corp rose +1.59% and was the leading performer in the 30-stock index after The Wall Street Journal (WSJ) reported that China's government has given clearance to a few big technology companies in the country including ByteDance and Alibaba Group Holdings Ltd () to start placing orders for H200 AI chips. The initial approval would allow the companies to buy hundreds of thousands of chips worth ~US$10B, according to the WSJ. Nvidia did not respond to a request for comment in time for publication.

US equity markets advanced as investors digested a busy corporate earnings calendar and eyed tomorrow morning’s AEST interest rate decision from the Federal Reserve - Dow lost -409-points or -0.83% despite ‘Magnificent Seven’ mega-capitalisation technology names Amazon.com Inc (+2.63%) and Meta Platforms Inc (+2.19%) along with Cisco Systems Inc (+2.17%) rising over >2%.

US equity markets advanced as investors eyed a busy week of fourth quarter results and the Federal Reserve’s first-interest rate decision of 2026 – Dow rose +314-points or +0.64%. Cisco Systems Inc (up +3.24%) was the leading component in the 30-stock index. Nvidia Corp eased -0.64% after investing US$2B in CoreWeave Inc (up +5.73%) stock, reflecting its "confidence in CoreWeave's business, team and growth strategy as a cloud platform built on NVIDIA infrastructure, “according to the world’s most valuable public company. Nvidia climbed +1.53% last Friday (23 January) after CNBC reported that Chief Executive Officer (CEO) Jensen Huang is planning to visit China in the coming days.

US equity markets advanced, extending gains from the previous session amid easing geopolitical tensions - Dow rose +307-points or +0.63% 3M Co (up +3.05%) was the leading performer in the 30-stock index American Express Co (+2.34%) and Salesforce Inc (+2.94%) rose over >2%.

US equity markets rebounded a day after the benchmark indices recorded their worst single session decline since 10 October as President Trump addressed the World Economic Forum and clarified his position on Greenland and said he will not impose tariffs on Europe - Dow rallied +589-points or +1.21% Amgen Inc (up +3.81%) was the leading performer in the 30-stock index, whole Home Depot Inc (+2.54%), Nvidia Corp (+2.95%), Sherwin-Williams Co (+2.69%), UnitedHealth Group Inc (+2.75%) and Walt Disney Co (+2.58%) all climbed over >2.5%.

US equity markets resumed trading after the holiday long weekend with steep losses, with the benchmark indies booking their worst single session performance since October as investors were spooked by fresh tariff threats from President Trump against Europe amid a dispute over control ‌of Greenland - Dow fell -871-points or +0.55% International Business Machines (IBM) Corp (down -4.68%) and Nvidia Corp (-4.38%) both dropped over >4%, while American Express Co (-3.45%), Apple Inc (-3.46%), Amazon.com Inc (-3.4%), JPMorgan Chase & Co (-3.11%), Salesforce Inc (-3.04%) and Sherwin-Williams Co (-3.04%) all fell over >3%.

US equity and bond markets were CLOSED overnight for Martin Luther King Day. In US corporate earnings, 3M Co, D.R. Horton Inc, Fastenal Co, Netflix Inc, United Airline Holdings Inc and US Bancorp post quarterly results tonight AEST. In US economic data, Pending Home Sales for December and Construction Spending for September/October are released tonight AEST.

US equity markets settled with modest losses on Friday (16 January) ahead of a holiday long weekend, with the benchmark indices hitting their session lows after President Trump delivered remarks in the White House in which the president said he’d rather have National Economic Council Director Kevin Hassett stay in his current role and that he might not be chosen to become the next Federal Reserve chair. Treasury yields climbed to a four-month high - Dow slipped -83-points or -0.17% Salesforce Inc (down -2.75%) and UnitedHealth Group Inc (-2.34%) fell over >2%.

US equity markets climbed after two sessions of declines, underpinned by a rebound for bank stocks following a tough start to the week and renewed momentum in the artificial intelligence (AI) trade following a strong fourth quarter result from Taiwan Semiconductor Manufacturing Co (TSMC) Ltd - Dow rose +293-points or +0.60% Boeing Co (up +2.11%) and Nvidia Corp (+2.13%) both gained over >2%. However, International Business Machines (IBM) Corp dropped -3.59% and Salesforce Inc -2.52%.

US equity markets retreated as investors digested the latest batch of bank earnings and wholesale inflation and retail sales data - Dow slipped -43-points or -0.09%, with Amazon.com Inc (down -2.45%) and Microsoft Corp (-2.4%) both falling ~2.5%. The six largest decliners in the 30-stock index were technology-related stocks. Nvidia Corp fell -1.39% after the Trump administration approved the exporting of its H200 AI chips to China but said the world's most valuable public company must meet new security requirements first. .JPMorgan Chase & Co fell -0.94% a day after America’s largest investment bank released its fourth quarter result.

• Financial stocks weighed on US equity markets following warnings about potential changes to lending policy, with the Dow and S&P 500 pulling back from record highs as the fourth quarter earnings season got underway and investors digested the latest inflation data - Dow fell -398-points or -0.80% Salesforce Inc shed -7.07% and was the worst performer in the 30-stock index following an update to its virtual assistant Slackbot feature in Slack. Visa Inc fell -4.46%