Gold endured its worst week since 1983. GLD SPDR Gold Shares plummeted as central banks maintained hawkish stances. The precious metal collapsed despite Middle East war chaos entering week three.
Ten-year gilt yields jumped above 5% for the first time since 2008. UK borrowing costs spiked as inflation surged from energy price shocks. The Bank of England held rates at 3.75% warning of extended inflation risks.
Nasdaq fell over 1% today capping a brutal week. XPEV XPeng dropped after disappointing Q4 results. SMCI Super Micro extended losses amid tech sector pressure.
XLO Xilio Therapeutics saw SI collapse 83 points in seven days. The biotech dropped to 0.8% from 84% showing the most dramatic short unwind this week. Bears fled without obvious catalyst.
HCWB HCW Biologics absorbed the opposite move. SI exploded to 45% from 1% in one week representing a 44-point surge. The $173M biotech saw massive short buildup.
PLYX Polaryx Therapeutics SI plunged 49 points to 10% as bears unwound positions. BIAF bioAffinity Technologies SI jumped 35 points to 57% showing persistent skepticism.
European stocks closed lower today as Iran war intensified. Miners led losses on precious metals weakness. India's central bank burned through $20B defending the rupee against war fallout.
China curbed low-quality listings cooling Hong Kong's IPO boom. Regulators targeted opaque structures while signaling the primary market remains open. US lawmakers urged the SEC to restrict Chinese firms' access to American capital markets.
VELO Velo3D shares slid Friday on fresh concerns. NVRI Enviri filed Form 10 for a mid-2026 spinoff targeting $1.2B revenue. Corporate action persisted despite market stress.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
