Key Facts
What the world’s markets decided: the rotation into value broadened after a soft US jobs report, with the Dow closing at a record 52,900 as healthcare +2.63%, utilities +2.21% and staples +2.03% rallied. Chips fell a third day (SMH −4.54%) as the money kept leaving expensive growth.
The mega-caps split wide open: Apple jumped +4.84% while Tesla sank −7.49% despite a strong deliveries beat and Meta fell −4.90%. Money favored steady, cash-rich names over the high-flyers.
Korea staged a V-shaped rebound: Samsung surged +8.65% and the KOSPI +6.04%, recovering the prior day’s crash as investors bought cheap chipmakers and reports emerged of Anthropic in talks with Samsung for custom AI chips.
Precious metals surged: gold jumped +2.03% and silver +2.69% as the softer jobs data lifted hopes the Fed could ease, a clear tailwind for the region’s miners.
