Gold Tumbles Over 6%; Apple Posts Upbeat Earnings - Apple (NASDAQ:AAPL), Brand Engagement Network (NASDAQ:BNAI)
AppleApple(US:AAPL) Benzinga·2026-01-30 17:05

Group 1: U.S. Stock Market Performance - U.S. stocks traded lower, with the Dow Jones index falling more than 400 points, down 0.87% to 48,646.87 [1] - The NASDAQ decreased by 0.88% to 23,476.27, and the S&P 500 dropped 0.65% to 6,923.38 [1] - Consumer staples shares gained by 0.3%, while materials stocks fell by 1.7% [1] Group 2: Apple Inc. Financial Results - Apple Inc. reported fiscal first-quarter revenue of $143.76 billion, exceeding analyst estimates of $138.42 billion [2] - The company reported earnings of $2.84 per share, surpassing analyst expectations of $2.66 per share [2] Group 3: Commodity Market Updates - Oil prices increased by 0.4% to $65.66, while gold prices decreased by 6.6% to $5,001.80 [3] - Silver prices fell by 18.7% to $93.01, and copper prices dropped by 3.2% to $6.0045 [3] Group 4: European Market Performance - European shares showed positive performance, with the eurozone's STOXX 600 rising 0.60% [4] - Spain's IBEX 35 Index increased by 1.64%, London's FTSE 100 rose by 0.37%, Germany's DAX gained 1.02%, and France's CAC 40 rose by 0.81% [4] Group 5: Asian Market Performance - Asian markets closed lower, with Japan's Nikkei falling by 0.1%, Hong Kong's Hang Seng Index dipping by 2.08%, China's Shanghai Composite down by 0.96%, and India's BSE Sensex decreasing by 0.36% [5] Group 6: Economic Indicators - U.S. producer prices increased by 0.5% month-over-month in December, marking the largest rise in three months and exceeding market expectations of 0.2% [6] - The Chicago PMI rose to 54 in January from 42.7 in the previous month, surpassing market estimates of 44 [6]

Gold Tumbles Over 6%; Apple Posts Upbeat Earnings - Apple (NASDAQ:AAPL), Brand Engagement Network (NASDAQ:BNAI) - Reportify