February 08, 2025
Deepseek’s Effect on the U.S. Market:
- The S&P 500 rose to 6,084, marking a 1.48% increase over the past five days, driven by corporate earnings and anticipation of key economic data.
- The technology sector reached $2,366, reflecting a 1.75% increase over the past five days. The price growth was influenced by investor decisions amid mixed economic signals, changes in trade policy, and broader market trends.
- Coffee prices climbed to $397.1, a 6.08% rise over the past five days, as the commodity market reacted to renewed supply constraints and trade policy shifts. This sharp increase underscores growing concerns around Colombian coffee exports, while potential U.S. tariffs add further uncertainty to global supply chains.
