Financial Market Preview - Thursday 12-Feb
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概要
US equity futures are pointing modestly higher, with Asian markets mostly firmer and European equities trading broadly higher. A stronger-than-expected payrolls report was the central driver, reinforcing resilience in the labor market and prompting a backup in yields while tempering expectations for near-term rate cuts. Market leadership remained highly dispersed, with semiconductors and memory stocks outperforming even as broader software renewed its weakness amid ongoing AI-related scrutiny and hyperscaler capex concerns. Big tech lagged overall, and the rotation into cyclicals appeared more selective rather than broad-based. Geopolitical tensions, including heightened focus on Iran, supported crude prices, while trade uncertainty and deficit dynamics also remained in the backdrop ahead of upcoming inflation data.
Companies Mentioned: Microsoft, Strategy, Baidu, Knowledge Atlas Technology