The Hang Seng Index surged by 3.6%, and the CSI300 Index rose by 1.4% following the People's Bank of China's 50bp cut in the reserve requirement ratio (RRR). The Nasdaq 100 reached a record high of 17,499, gaining 0.6%. Notably, Netflix saw a 10.7% surge after surpassing earnings and subscriber addition estimates. ASML reported strong Q4 results with €9.2 billion in bookings, exceeding expectations, signaling a positive outlook for the semiconductor industry. Tesla, however, reported Q4 revenue and adjusted EPS slightly below projections, causing a nearly 5% drop in share prices during extended hours. The Bank of ... (full story)