Asian Stocks and Metals Rise as Volatility Eases
**MARKET BRIEF: Asia Rebounds, Tech & Metals Rally**
**February 3, 2026**
**Asia-Pacific Markets**
Asian equities staged a strong recovery Tuesday, shaking off recent volatility. The **MSCI Asia Pacific Index** climbed over **1%**, snapping a two-day losing streak.
* Sentiment stabilized as investors bought the dip in regional benchmarks.
* **Hang Seng** and **Kospi** led gains, supported by a resurgence in tech and manufacturing sectors.
* Markets shrugged off earlier jitters to focus on improving global demand signals.
**Commodities: Precious Metals Bounce**
Gold and silver prices snapped back sharply after Monday’s selloff.
* **Gold** surged approximately **2.7%** to trade near **$4,750/oz**.
* **Silver** advanced over **4%**, reclaiming the **$82** level.
* The rebound signals renewed hedging interest despite a stabilizing dollar.
**US Tech & Corporate Earnings**
US futures are pointing higher, driven by a massive earnings beat from data analytics giant **Palantir Technologies (PLTR)**.
* **Palantir** shares jumped **~7-8%** in pre-market action after reporting **70% YoY revenue growth** ($1.41B) and raising its 2026 outlook.
* **Nasdaq 100** futures gained **0.4%**, riding the wave of renewed AI optimism.
**Macro Data: Factory Activity Expands**
Economic sentiment got a major lift from US manufacturing data released Monday.
* The **ISM Manufacturing PMI** spiked to **52.6** (vs. 47.9 previous), smashing expectations.
* This marks a return to expansion (readings above 50) after months of contraction, signaling a genuine recovery in industrial output.
* New orders fueled the shift, suggesting sustained momentum for the US economy.
[Bloomberg: Disney Falls, Palantir Jumps](https://www.youtube.com/watch?v=6ANDTRO1UKA)
The selected video provides real-time market analysis of the specific Palantir earnings surge and broader market movers mentioned in the brief.
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