{"id":11579,"date":"2025-02-05T20:16:34","date_gmt":"2025-02-05T20:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11579"},"modified":"2025-02-05T20:16:34","modified_gmt":"2025-02-05T20:16:34","slug":"stocks-rebound-google-eyes-worst-drop-in-a-year-gold-shatters-fresh-records-whats-driving-markets-wednesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11579","title":{"rendered":"Stocks Rebound, Google Eyes Worst Drop In A Year, Gold Shatters Fresh Records: What&#8217;s Driving Markets Wednesday?"},"content":{"rendered":"<div>\n<p>Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from <a href=\"https:\/\/www.benzinga.com\/25\/02\/43494246\/private-employment-rises-by-183000-beats-estimates-in-january-consumer-facing-industries-drove-hiring\">positive labor market data.<\/a><\/p>\n<p>The <strong>S&amp;P 500<\/strong> gained 0.3% to 6,045 points, while the <strong>Dow Jones Industrial Average<\/strong> rose 0.6%, now trading less than 1% below its all-time high.<\/p>\n<p><strong>Alphabet Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GOOGL#NASDAQ\">GOOGL<\/a>) missed quarterly earnings expectations on its cloud business, triggering a 7% drop, its worst single-day decline in a year. On the upside, <strong>Broadcom Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/AVGO#NASDAQ\">AVGO<\/a>) surged 6% after beating estimates, fueling a rally in chip stocks. <strong>Nvidia Corp. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>) also gained 3.4%.<\/p>\n<p>The <strong>Russell 2000<\/strong> outperformed with a 0.9% gain, reflecting strength in smaller-cap stocks.<\/p>\n<p>Fresh labor market data signaled resilience. Private sector employment rose by 183,000 in January according to the ADP report, surpassing expectations of 150,000. The services sector continued expanding,<a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/02\/43499292\/us-services-growth-slows-in-january-as-tariff-concerns-mount\"> as per ISM survey<\/a>, though at a slightly slower-than-anticipated pace.<\/p>\n<p>Investors piled into Treasuries, sending yields tumbling across the curve. The 30-year yield fell to its lowest level since Dec. 18, 2024, while the <strong>iShares 20+ Year Treasury Bond ETF <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/TLT#NASDAQ\">TLT<\/a>) rallied 1.9%.<\/p>\n<p>Gold extended its bull run, surging over 1% to a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/02\/43507132\/stocks-rebound-google-eyes-worst-drop-in-a-year-gold-shatters-fresh-records-whats-driving-markets-wednesday\" alt=\"Stocks\" rebound google eyes worst drop in a year gold shatters fresh records: what driving markets wednesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data. The S&amp;P 500 gained 0.3% to 6,045 points, while the Dow Jones Industrial Average rose 0.6%, now trading less than 1% below its all-time high. Alphabet Inc. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11579","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11579"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11579\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}