Read more
6:50 PM · 2 January 2026

Daily Summary: Massive Gains in U.S. Indices Completely Wiped Out

US500
Indices
-
-
US100
Indices
-
-
EUR/USD
Forex
-
-
GOLD
Commodities
-
-
SILVER
Commodities
-
-
Tesla
Stocks
TSLA.US, Tesla Inc
-
-
  • After a strong start to today’s session on U.S. indices, the gains have already disappeared. The S&P 500 is down 0.1%, the Nasdaq 100 has retreated by 0.3%, while the Dow Jones shows only a minimal increase of 0.2%.
  • The session in Europe, however, looked completely different, with the main European indices recording a positive start to the new year. Germany’s DAX rose by 0.14%, France’s CAC 40 gained over 0.5%, the UK’s FTSE 100 increased by 0.2%, and Spain’s IBEX 35 climbed by more than 1%.
  • The U.S. manufacturing PMI came in line with market expectations and remained above the 50-point mark, indicating continued, albeit moderate, sector expansion. At the same time, the data suggest a slight slowdown in the pace of activity growth compared with the previous month.
  • The Eurozone manufacturing PMI disappointed expectations, confirming persistent sector weakness and further contraction in activity below the 50-point threshold. Germany performed particularly poorly, while better readings in some countries were insufficient to improve the overall picture. The weaker-than-expected figure reinforces concerns about the pace of economic recovery.
  • On the currency market, the euro is weakening against the world’s major currencies. The EUR/USD pair has fallen by 0.3%.
  • On the precious metals market, gains dominate. Gold is up 0.1% to 4,310 USD, silver rises 1% to 71.8 USD, palladium gains 2.4% to 1,615 USD, and platinum leads with a 3.85% increase to 2120 USD. These trends reflect positive investor sentiment at the start of 2026.
  • The start of the new year has been very strong for cryptocurrencies, as seen in significant gains. Bitcoin is up 1.7% to around 89,980 USD, while Ethereum has risen even more sharply by 3.7% to approximately 3,110 USD.
  • Tesla reported that it delivered 418,227 vehicles in Q4 2025, representing a year-on-year decline of around 15–16% and falling short of market expectations. This continues the trend of weaker car sales, although the company still maintains a high global production scale and growth in its energy storage segment.
2 January 2026, 6:00 PM

Three Markets to Watch Next Week (02.01.2026)

2 January 2026, 5:01 PM

TSMC launches 2 nm, shares rise 📈

2 January 2026, 3:23 PM

US Open: A Powerful Start to the New Year for Nasdaq!

2 January 2026, 2:45 PM

BREAKING: US December manufacturing PMI holds at 51.8; eases from 52.2 in November📌

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits