US Stocks Fluctuate as Traders Await Fed Minutes, Tariff Threats Loom

Key Insights:

* Stocks oscillated as investors anticipated the release of the Federal Reserve's meeting minutes.
* The S&P 500 hovered near record highs, while the Nasdaq 100 and Dow Jones Industrial Average experienced slight fluctuations.
* Quantum computing stocks surged following Microsoft's introduction of a new chip.
* Homebuilders sank amidst President Trump's proposal to impose tariffs on cars, chips, and drug imports.

Corporate Highlights:

* Etsy Inc. reported disappointing financial results, indicating ongoing challenges.
* Celanese Corp. cited continued weak global demand in its end markets.
* Bumble Inc. projected weaker-than-expected metrics for the first quarter.
* SolarEdge Technologies Inc.'s strong sales performance triggered a short-covering rally.
* Elliott Investment Management seeks board representation at Phillips 66, advocating for the sale or spin-off of its pipeline business.
* Hims & Hers Health Inc. expands its health offerings with the acquisition of a blood-testing company.
* Roper Technologies Inc. considers selling its Neptune Technology Group division.

Key Events This Week:

* China's loan prime rates announcement (Thursday)
* Eurozone consumer confidence (Thursday)
* US initial jobless claims and Philadelphia Fed manufacturing index (Thursday)
* Fed officials to speak (Thursday)
* Eurozone manufacturing and services PMI (Friday)
* US S&P Global manufacturing and services PMI, existing home sales, and consumer sentiment (Friday)

Market Movements:

* Stocks:
* S&P 500: Little change
* Nasdaq 100: Little change
* Dow Jones Industrial Average: -0.3%
* MSCI World Index: -0.3%
* Bloomberg Magnificent 7 Total Return Index: +0.2%
* Russell 2000 Index: -0.4%
* Philadelphia Stock Exchange Semiconductor Index: +1.2%
* S&P Composite 1500 Homebuilding (Sub-Industry): -2.8%

* Currencies:
* Bloomberg Dollar Spot Index: +0.2%
* Euro: -0.3% to $1.0415
* British pound: -0.3% to $1.2572
* Japanese yen: +0.2% to 151.73 per dollar

* Cryptocurrencies:
* Bitcoin: +1% to $95,917.2
* Ether: +2.2% to $2,708.83

* Bonds:
* Yield on 10-year Treasuries: Little change at 4.56%
* Germany's 10-year yield: +6 basis points to 2.56%
* Britain's 10-year yield: +5 basis points to 4.61%

* Commodities:
* West Texas Intermediate crude: +0.5% to $72.22 a barrel
* Spot gold: -0.5% to $2,919.92 an ounce