Market Performance - US stock market closed with Dow Jones slightly up, S&P 500 down by 0.5%, and Nasdaq Composite down by 1.18% [1] - Nvidia shares fell by 5.5% post-earnings, while AMD and Intel dropped by 3% [1] - Nasdaq Golden Dragon China Index decreased by 1.78%, with Alibaba down by 2.7% and Baidu down by 5.6% [1] - Dell's stock rose by 12% in after-hours trading, and Netflix surged nearly 8% [1] Economic Developments - Significant progress in US-Iran negotiations, with plans for technical discussions in Vienna next week [1] - Federal Reserve's Goolsbee indicated that interest rates could be lowered, but not before inflation eases [1] - US 30-year mortgage rates fell below 6% for the first time since 2022 [1] Geopolitical Events - Six US aerial refueling aircraft are en route to Israel to join military deployments in the region [1] - US-Ukrainian talks in Geneva concluded without specific outcomes [1] - Saudi Aramco canceled liquefied petroleum gas shipments from Juaymah terminal for February and March due to structural damage [1] Industry News - Meta's internal chip design efforts are reportedly facing obstacles [1] - Spot gold prices fell below $5200 per ounce, influenced by US-Iran negotiation progress affecting oil prices [1]
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