U.S. Stocks Stage Small Recovery -- WSJ

Dow Jones
02-05
 

By Caitlin McCabe and Krystal Hur

U.S. stocks staged a small recovery Tuesday, despite China's retaliation against the new U.S. tariffs.

The moves were milder than Monday's big swings, and some signs of investor anxiety remained.

Among the notable moves:

Stocks indexes largely rose. The Dow industrials was little changed, while the S&P 500 rose 0.6%. The tech-heavy Nasdaq Composite led gains, up over 1.2%.

The Cboe Volatility Index, or VIX, fell below 18, after surging Monday. The "fear gauge" is higher than the average of about 16 over the past year, but far from panic territory.

Yields on benchmark Treasury notes were little changed. The 10-year yield traded around 4.54%, compared with 4.542% Monday.

The WSJ Dollar Index edged down. The Canadian dollar advanced against the dollar, as did the Chinese yuan, while the euro and British pound slipped.

Oil prices were volatile. U.S. crude futures slid below $71 a barrel, before rebounding back above $72.

Bitcoin prices traded around $99,000.

Write to Caitlin McCabe at caitlin.mccabe@wsj.com and Krystal Hur at krystal.hur@wsj.com

 

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

 

(END) Dow Jones Newswires

February 04, 2025 12:40 ET (17:40 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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