Market turbulence: Tech stocks falter as energy sector shines

Today’s stock market revealed a turbulent yet dynamic trading environment, as the tech sector faltered while energy stocks outperformed. The trading landscape was riddled with red, except for a few bright spots in specific sectors, reflecting broader market uncertainty. 📉 Technology and Semiconductor Struggles Semiconductors: The semiconductor sector is experiencing considerable pressure. Key players such as Nvidia (NVDA) and…

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The USD moved lower but has since bounce back after the weaker than expected jobs report

The initial reaction to the February U.S. nonfarm payroll report saw the dollar move lower after the headline employment figure came in weaker than expected. Job growth slowed and several sectors posted declines, including construction, manufacturing, and leisure and hospitality. The report was also weighed down by a sharp drop in private education and health services, partly tied to…

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US business inventories for December 0.1% versus 0.1% expected

For what it is worth, the US business and retail inventories for the month of December was released: Business inventories rose 0.1% versus 0.1% expected. Prior month was revised lower to 0.0% from 0.1%. Retail inventories rose 0.4% versus 0.2% last month. Details: Total sales (manufacturers’ shipments + distributive trade): $1,965.9B in December +0.5% m/m vs November 2025 +3.2%…

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Crude oil futures stretch toward $90 a barrel

The price of crude oil has continued its sharp move to the upside. The current price is trading at $88.74. For the trading day versus the settle price from yesterday at $81.01: Price change: $88.74 − $81.01 = +$7.73 Percent gain: (7.73 ÷ 81.01) × 100 = +9.54% The high price extended to $89.62 just short of the $90…

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