The global macro picture is shifting. Tesla (TSLA) registrations in key European markets are showing limited recovery in January, with declines in France and Norway offsetting gains in Sweden and Denmark. Despite this, TSLA shares saw a positive move, climbing +3.32% to $430.41.
Across the Atlantic, U.S. equity markets faced a more challenging session. The SPY dipped -0.30% to $691.97, while the QQQ experienced a more pronounced decline of -1.20%, settling at $621.87. Small caps, as represented by the IWM, also underperformed, falling -1.41% to $259.65. The DIA showed a modest decrease of -0.24%, closing at $489.03.
In other news, Heineken Holding N.V. reported ongoing transactions under its current share buyback program. Deutsche Bank reiterated its bullish outlook on gold, maintaining its long-term price target of $6,000 per ounce, even after recent corrections in the precious metals market. The bank did not issue a formal recommendation but reaffirmed its positive stance and underlying assumptions.
Macro regimes don't change overnight—but when they do, it matters.
