A split tape closed the session: European equities pushed higher while US tech lagged and crypto retreated across the board.
Indices
The Nasdaq 100 was the standout weak spot, down 1.31% to 28,144.92 and now off 7.01% on the month. The S&P 500 held roughly flat at 7,409.06 (-0.05%), while the Dow added 0.41%.
Europe ran the other way. The IBEX 35 led with a 1.68% gain to 19,572, extending its year-to-date run to 36.33%. The DAX rose 1.20%, the FTSE 100 added 1.01%, and the Euro Stoxx 50 climbed 0.93%.
Asia was mixed. The Hang Seng gained 0.63%, but the Nikkei 225 dropped 1.70% and has shed 9.62% over the past month.
Crypto
Digital assets were uniformly softer. Tezos led the decliners at -3.63%, followed by Cardano (-2.92%) and Solana (-2.78%), the latter down 10.41% on the month.
Bitcoin eased 1.39% to $64,130, though it remains 2.6% higher over the month. Ethereum slipped 0.96% to $1,858 while holding a 5.85% monthly gain. Uniswap bucked the trend, up 2.21%.
Metals & Energy
Silver firmed 1.17% to $58.19, adding to a 4.12% weekly advance. Gold was little changed at $4,053.01 (+0.14%). Platinum and palladium both edged lower.
Oil gave back some of its recent strength: US crude fell 1.77% to $89.41 and Brent dropped 1.83% to $92.61. Even after the pullback, both remain sharply higher on the month, up 25.72% and 24.85% respectively.
FX
Majors were quiet. EUR/USD hovered at 1.13688 (-0.06%) and GBP/USD held at 1.33185. The Norwegian krone was among the firmer currencies, with USD/NOK down 0.40%.
Note: the Gold/SGD print showing a 67% daily jump appears to be a data artifact and is out of line with the underlying gold move.
The US tech names remain the session’s clearest soft patch heading into the next open.
