Nasdaq Surges Over 100 Points; M&T Bank Posts Upbeat Earnings
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U.S. stocks rose, with the Nasdaq gaining over 100 points. M&T Bank reported strong Q4 earnings of $4.72 per share, surpassing estimates. Venus Concept shares surged 367%, while Jeffs Brands and Locafy also saw significant gains. Conversely, Callan JMB and Youlife Group shares dropped. In commodities, oil rose 1.1%, while gold and silver fell. European and Asian markets mostly declined, with Japan's Nikkei down 0.32%. The Federal Reserve's business activity index improved slightly in January.
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