10-02-2026

Global Markets Rise on Tech Rebound and Earnings

Date: 10-02-2026
Sources: cnbc.com: 3
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"Stock market traders analyzing screens showing mixed global market performance, documentary photography style with a wide-angle lens, bright fluorescent lighting with subtle shadows, capturing the intensity and fast-paced atmosphere of a trading floor, with screens displaying rising and falling stock charts in the background."

Summary

Global stock markets experienced a mixed performance as tech stocks rebounded in the US, while Japan's Nikkei 225 reached a record high due to the 'Takaichi trade'. European stocks were mixed on earnings releases, with some companies like Philips seeing significant gains, while others like BP faced declines. Asian markets mostly rose, following the gains in the US.

Key Points

  • US markets rose on tech rebound, with S&P 500 up 0.47% and Nasdaq Composite jumping 0.9%
  • Japan's Nikkei 225 reached a record high due to 'Takaichi trade', rising 2.28%
  • European stocks were mixed on earnings releases, with Philips up 9.7% and BP down 3.4%
  • Asian markets mostly rose, with South Korea's Kospi and Hong Kong's Hang Seng index seeing gains
  • Concerns remain about Big Tech's heavy capital expenditures and financing

Articles in this Cluster

CNBC Daily Open: U.S. markets rise on tech rebound, while 'Takaichi trade' lifts Japanese stocks

U.S. markets rose on Monday as Big Tech stocks rebounded, with the S&P 500 climbing 0.47% and the Nasdaq Composite jumping 0.9%. Japan's Nikkei 225 outperformed its regional peers, rising over 2% due to the 'Takaichi trade,' as investors expect Japanese equities to benefit from Prime Minister Sanae Takaichi's economic policies. Despite gains, concerns about Big Tech's heavy capital expenditures and financing remain. Other news includes China's criticism of the U.K.'s expanded visa scheme for Hong Kong residents and the U.S. urging ships to avoid Iranian waters.
Entities: S&P 500, Nasdaq Composite, Dow Jones Industrial Average, Japan, Nikkei 225Tone: neutralSentiment: positiveIntent: inform

Europe markets: Stock moves, earnings, Stoxx 600, FTSE 100

European stocks opened mixed on Tuesday as corporate earnings releases poured in. Philips' full-year 2025 earnings showed 6% order intake growth and a return to profit, but the company cut its 2026 outlook. Shares of Philips jumped 9.7% in early trade. BP's shares fell 3.4% after the company suspended its share buyback and reported a weaker-than-expected net profit. The political situation in the UK remained uncertain, with Prime Minister Keir Starmer facing pressure to quit. US stock futures were lower after the Dow Jones closed at a record high, while Asian stocks rallied, with Japan's Nikkei 225 reaching a fresh all-time high.
Entities: Philips, BP, Keir Starmer, Peter Mandelson, Jeffrey EpsteinTone: neutralSentiment: negativeIntent: inform

Japan's Nikkei 225 closes at record high as Asian stock markets mostly rise

Japan's Nikkei 225 stock market index reached a new record high on Tuesday, driven by the 'Takaichi trade' following Prime Minister Sanae Takaichi's landslide victory in the Lower House election. The Nikkei 225 rose 2.28% to 57,650.54, while the Topix gained 1.9% to 3,855.28. Other Asian markets mostly rose, with South Korea's Kospi rising marginally, Hong Kong's Hang Seng index up 0.39%, and mainland China's CSI 300 climbing 0.14%. Australia's S&P/ASX 200 ended flat. The gains in Asian markets followed overnight gains in the US, where the S&P 500 rose 0.47%, the Dow Jones Industrial Average was marginally up, and the Nasdaq Composite jumped 0.9%. Softbank Group Corp's shares spiked 10.68% after its subsidiary upgraded its full-year forecasts.
Entities: Japan, Nikkei 225, Prime Minister Sanae Takaichi, South Korea, KospiTone: neutralSentiment: positiveIntent: inform