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LIVE MARKETS-Wall Street gains early; Palantir Technologies rallies

Reuters02-04

LIVE MARKETS-Wall Street gains early; Palantir Technologies rallies

Nasdaq up >1%, S&P 500 up ~0.5%, Dow edges green

Dec factory orders MM -0.9% vs -0.7% estimate

Dec JOLTS job openings 7.6M vs 8.0M estimate

Euro STOXX 600 index up ~0.2%

Dollar down; bitcoin falls >2.5%; crude ~flat; gold up ~1%

US 10-Year Treasury yield edges up to ~4.56%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

WALL STREET GAINS EARLY; PALANTIR TECHNOLOGIES RALLIES

U.S. stocks are higher in morning Tuesday trading, with a more than 1% gain in the Nasdaq composite .IXIC leading the way up along with energy and technology shares.

Shares of Palantir Technologies PLTR.O are up about 27% and helping to boost the Nasdaq after the company late Monday gave an upbeat 2025 revenue outlook, and an executive at the company said Palantir recommends that its clients steer clear of Chinese startup DeepSeek's AI models.

Energy .SPNY up about 2%, and tech .SPLRCT up about 1.4%, are the leading S&P 500 .SPX sectors. Staples .SPLRCS and healthcare .SPXHC, both off around 0.9%, are the weakest groups.

Keeping investors on edge, however, is news that China retaliated against new trade restrictions announced by U.S. President Donald Trump with counter tariffs.

Here is the early market snapshot:

(Caroline Valetkevitch)

*****

FOR TUESDAY'S EARLIER LIVE MARKETS POSTS:

NASDAQ COMPOSITE: LOTS OF CHOP AS TRIES TO AVOID A BIGGER DROP - CLICK HERE

WATCH OUT INVESTORS, IT'S THE YEAR OF THE SNAKE - CLICK HERE

EQUITIES AND THE EURO: IT'S COMPLICATED - CLICK HERE

A "FASCINATING" EARNINGS SEASON AHEAD FOR UK BANKS - CLICK HERE

BACK TO EARNINGS - CLICK HERE

EUROPE BEFORE THE BELL: HERE WE GO AGAIN - CLICK HERE

morning snapshot https://tmsnrt.rs/3WP7w4a

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