S&P 500 7,483.24 +1.76%
Nasdaq Composite 25,832.67 +2.12%
FTSE 100 10,679.03 +1.63%
Nikkei 225 68,733.15 -0.91%
US 10-Year Treasury Yield 4.48 -0.03%
Gold 4,187.30 +2.66%
Brent Crude Oil 72.13 +0.19%
EUR/USD 1.14 +0.72%
CBOE Volatility Index (VIX) 16.59 -1.13%
S&P 500 7,483.24 +1.76%
Nasdaq Composite 25,832.67 +2.12%
FTSE 100 10,679.03 +1.63%
Nikkei 225 68,733.15 -0.91%
US 10-Year Treasury Yield 4.48 -0.03%
Gold 4,187.30 +2.66%
Brent Crude Oil 72.13 +0.19%
EUR/USD 1.14 +0.72%
CBOE Volatility Index (VIX) 16.59 -1.13%
Editor's note — week in review
Write your weekly headline thesis here
Your 150–300 word commentary goes here. This is where you frame the week — what drove price action, what the data is telling you, and what to watch in the week ahead. Assert a view, connect the dots across asset classes, and reference the data tables below.
| Index | Price | Day Chg% | Wk Chg% |
| S&P 500 | 7,483.24 | 0.00% | +1.76% |
| Nasdaq Composite | 25,832.67 | 0.00% | +2.12% |
| Dow Jones Industrial | 52,900.07 | 0.00% | +1.97% |
| Russell 2000 | 2,996.11 | 0.00% | -0.46% |
| Euro Stoxx 50 | 6,412.68 | +0.82% | +3.07% |
| FTSE 100 | 10,679.03 | +0.25% | +1.63% |
| DAX | 25,779.31 | +0.78% | +4.49% |
| CAC 40 | 8,508.07 | +0.39% | +1.47% |
| Nikkei 225 | 68,733.15 | 0.00% | -0.91% |
| Hang Seng Index | 23,055.03 | 0.00% | +1.69% |
| Nifty 50 | 24,270.85 | +0.39% | +0.89% |
| MSCI World | 202.65 | 0.00% | +2.68% |
| MSCI Emerging Markets | 65.70 | 0.00% | -2.22% |
| Bovespa | 174,554.98 | +1.02% | +0.73% |
| Index | Value | Day Chg | Wk Chg |
| CBOE Volatility Index (VIX) | 16.59 | +0.14 | -0.19 |
| MOVE Index | 66.79 | — | — |
| Tenor | Yield | Wk Δ |
| 3M | 3.85% | 0bp |
| 1Y | 4.00% | -4bp |
| 2Y | 4.17% | -7bp |
| 5Y | 4.24% | -5bp |
| 10Y | 4.48% | -3bp |
| 30Y | 4.97% | +2bp |
| 10Y–2Y Spread | 31bp | +4bp |
| Rate | Value | Wk Δ |
| Federal Funds Effective Rate (US) | 3.630% | 0.000 | 0.000 |
| SOFR (USD) | 1.249% | +0.000 | +0.001 |
| SONIA (GBP) | 3.731% | -0.001 | +0.002 |
| Euro Short-Term Rate (€STR) | 2.183% | 0.000 | +0.002 |
| Instrument | OAS | Wk Δ |
| US IG Credit Spread | 0.75% | +1bp |
| US HY Credit Spread | 2.75% | +9bp |
| Euro HY Spread | 2.71% | +15bp |
| Euro IG Spread | 1.23% | +5bp |
| EM Corporate Spread | 1.47% | +7bp |
| Pair | Rate | Wk Chg% |
| AUD/USD | 0.6940 | +0.57% |
| USD/BRL | 5.1667 | -0.53% |
| USD/CHF | 0.8034 | -0.88% |
| USD/CNY | 6.7680 | -0.32% |
| EUR/CHF | 0.9190 | -0.21% |
| EUR/GBP | 0.8565 | -0.56% |
| EUR/USD | 1.1443 | +0.72% |
| GBP/USD | 1.3357 | +1.28% |
| USD/HKD | 7.8434 | +0.05% |
| USD/INR | 95.2000 | +0.85% |
| USD/JPY | 161.2950 | -0.32% |
| USD/KRW | 1,529.6801 | -1.09% |
| USD/MXN | 17.4700 | -0.23% |
| NZD/USD | 0.5710 | +1.18% |
| USD/ZAR | 16.2151 | -1.73% |
| Asset | Price | Wk Chg% |
| Aluminum | 3,265.00 | -11.70% |
| Brent Crude Oil | 72.13 | +0.19% |
| WTI Crude Oil | 68.78 | -0.65% |
| Gold | 4,187.30 | +2.66% |
| Copper | 6.22 | +1.34% |
| Coffee | 315.65 | +10.08% |
| Henry Hub Natural Gas | 3.24 | +0.43% |
| Silver | 62.81 | +6.08% |
| Dutch TTF Natural Gas | 44.25 | +8.50% |
| Corn | 425.00 | +2.97% |
| Soybeans | 1,131.75 | +0.49% |
| Wheat | 590.50 | +2.12% |
| Name | Theme | Price | Day% | Wk% |
| TSMC | Semis / Taiwan risk | 2,465.00 | 0.00% | +5.34% |
| Alibaba | China consumer | 96.14 | 0.00% | +1.40% |
| Berkshire Hathaway | Broad economy | 507.78 | 0.00% | +1.83% |
| JPMorgan Chase | US financials | 334.47 | 0.00% | +1.65% |
| Eli Lilly | GLP-1 theme | 1,213.91 | 0.00% | +0.48% |
| Nvidia | AI capex | 194.83 | 0.00% | +1.19% |
| Novo Nordisk | Europe pharma | 50.43 | 0.00% | +4.91% |
| Rolls-Royce | UK defence | 1,504.20 | +1.97% | +6.97% |
| Tesla | Risk sentiment | 393.45 | 0.00% | +3.62% |
| ExxonMobil | Energy demand | 137.09 | 0.00% | +0.40% |
Data sourced from Yahoo Finance and FRED (Federal Reserve Bank of St. Louis). All figures as of Friday market close. The Market Pulse is produced independently for educational and informational purposes. Nothing contained herein constitutes investment advice or a solicitation to buy or sell any security.