Dow Surges Over 300 Points; Chewy Shares Jump On Upbeat Earnings

Group 1: U.S. Stock Market Performance - U.S. stocks traded higher, with the Dow Jones index gaining over 300 points, up 0.79% to 46,489.92, NASDAQ rose 0.95% to 21,967.56, and S&P 500 increased by 0.72% to 6,603.85 [1] - Materials shares climbed by 1.9%, while energy stocks fell by 0.2% [1] Group 2: Chewy Inc Performance - Chewy Inc shares jumped around 14% after reporting stronger-than-expected fourth-quarter results and solid fiscal guidance for 2026 [2] - Chewy posted fourth-quarter 2025 adjusted earnings of 27 cents per share, exceeding the consensus of 20 cents and within management guidance of 24 to 27 cents [2] - The retailer reported sales of $3.265 billion, up 0.5% year over year, and 8.1% on a normalized 13-week basis, compared to the consensus of $3.262 billion and management guidance of $3.24 billion to $3.26 billion [3] Group 3: Commodity Market Updates - In commodity news, oil traded down 2.1% to $90.39, while gold rose 3.2% to $4,545.90 [4] - Silver increased by 4.3% to $72.535, and copper rose 1.8% to $5.5530 [4] Group 4: European and Asian Market Performance - European shares were higher, with the eurozone's STOXX 600 rising 1.42%, Spain's IBEX 35 Index up 1.54%, London's FTSE 100 up 1.42%, Germany's DAX gaining 1.41%, and France's CAC 40 rising 1.33% [5] - Asian markets closed higher, with Japan's Nikkei 225 gaining 2.87%, Hong Kong's Hang Seng index up 1.09%, China's Shanghai Composite rising 1.30%, and India's BSE Sensex surging 1.63% [6]