Dow Jumps Over 600 Points; Amazon Shares Dip After Q4 Results

Market Overview - U.S. stocks experienced a positive trading session, with the Dow Jones index increasing by over 600 points, up 1.29% to 49,537.77, while the NASDAQ rose 0.97% to 22,759.56 and the S&P 500 gained 1.02% to 6,867.68 [1] Company Performance - Amazon.com Inc. saw its shares decline approximately 9% after reporting mixed fourth-quarter financial results. The company reported net sales of $213.39 billion, reflecting a 14% year-over-year increase, surpassing the Street consensus estimate of $211.30 billion. However, earnings per share were reported at $1.95, falling short of the consensus estimate of $1.97 [2] Commodity Market - In the commodities market, oil prices decreased by 0.3% to $63.08, while gold prices increased by 1.6% to $4,969.10. Silver prices fell by 0.8% to $76.075, and copper prices rose by 0.4% to $5.8460 [3] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 gaining 0.6%. Spain's IBEX 35 Index rose by 1.1%, London's FTSE 100 increased by 0.4%, Germany's DAX gained 0.8%, and France's CAC 40 rose by 0.3% [4] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei declining by 0.88%, Hong Kong's Hang Seng Index slightly increasing by 0.14%, China's Shanghai Composite falling by 0.64%, and India's BSE Sensex decreasing by 0.60% [5] Economic Indicators - The US Manheim Used Vehicle Value Index increased by 2.4% month-over-month in January, following a 0.1% growth in the previous month [6]