On January 29, U.S. major stock indices opened mixed, with the fear and greed index showing slight optimism. The Dow Jones Industrial Average rose 0.14%, the S&P 500 gained 0.18%, and the Nasdaq Composite dipped 0.13%. Meta Platforms (META.O) climbed nearly 10% following strong fourth-quarter results and positive guidance. Microsoft (MSFT.O) fell over 8% due to concerns about its cloud growth. Crypto-related stocks declined, with MicroStrategy (MSTR) down 3.89%, Coinbase (COIN) down 3.97%, and Circle (CRCL) down 4.02%. Open interest in crypto derivatives remained under pressure.
BlockBeats news: On January 29, U.S. stocks opened with the Dow Jones Industrial Average up 0.14%, the S&P 500 up 0.18%, and the Nasdaq Composite down 0.13%. Meta Platforms (META.O) rose about 10%, as its Q4 results, Q1 guidance, and full-year capital expenditure exceeded expectations. Microsoft (MSFT.O) fell more than 8%, as concerns arose over a slowdown in cloud business growth and a record high in capital expenditure.
In terms of cryptocurrency-related stocks, MSTR fell 3.89%; COIN dropped 3.97%, CRCL fell 4.02%; SBET declined 1.30%; BMNR dropped 3.98%.
