Stock Market Update Tuesday February 11, 2025 The financial markets experienced a quiet day, starting with stocks in the red. However, the S&P 500 managed to recover slightly, ending flat with a gain of 0.03%. The Nasdaq 100 fell by 0.3%, and the Russell 2000 decreased by 0.5%. Investor sentiment was cautious as they awaited tomorrow's Consumer Price Index (CPI) report and processed information from the first two days of Federal Reserve Chair Jerome Powell's testimony in Congress.
Away From Stocks: Treasury yields experienced slight increases, with the 2-year yield rising to 4.29% and the 30-year yield reaching 4.75%. This represents daily increases of one and four basis points, respectively. WTI crude oil continued its upward trend for the second day in a row, trading slightly above $73 per barrel. Gold prices fell to $2,898 per ounce, and Bitcoin dropped below $96,000. Additionally, the VIX remained stable just below 16, indicating low market volatility.
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