CNBC Daily Open: Treasury yields are putting pressure on stocks again

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

U.S. markets start the year in the red
U.S. stocks began the year on a downbeat mood, with all major indexes dipping on Thursday, giving up earlier gains. The U.S. dollar index hit its highest level in more than two years. The pan-European Stoxx 600 index added 0.6%, reversing earlier losses. Oil and gas stocks led gains, up 2.3% although Europe's banking index lost 0.3%.

Tesla deliveries reverse gains
Shares of Tesla slumped 6.1% after the company reported that total deliveries in the fourth quarter of 2024 fell year on year. Not only was that Tesla's first annual drop in deliveries, the figure was also below expectations, according to a consensus of estimates compiled by StreetAccount. Delivery are the closest approximation of sales reported by Tesla.

Meta's new president of global affairs
Meta is replacing its president of global affairs Nick Clegg, a former British deputy prime minister, with Joel Kaplan, the company's current policy vice president and a former Republican Party staffer. It's a sign of how tech companies are positioning themselves for U.S. President-elect Donald Trump's incoming administration in Washington.

Russia gas stops flowing
Ukraine halted the flow of Russian gas to several European countries on New Year's Day in a widely expected move, Russia's state-owned energy giant Gazprom confirmed on Wednesday. The European Commission said it had been working to ensure the 27-nation bloc was prepared for such a scenario — though some countries are more at risk than others.

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