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Global Market Trend As Of May 2nd, 2022

May 2, 2022

MAJOR INDEXES

Market report as of April 29th, 2022  

 
NAME                  LAST  CHG %CHG
S&P 500                       4,131.9300 -155.57 -3.630
NASDAQ                  12,334.640 -536.89 -4.170
DJIA                         32,977.210 -939.18 -2.770
*FTSE                      7,544.5500* 35.3600 0.4700
*NIKKEI              26,818.530* -29.370 -0.110
*HSI                  21,089.390* 813.220 4.0100
*SHANGHAI          3,047.0600* 71.5800 2.4100
VIX                           33.5500000 0.1500 0.4500
*DAX                    14,018.630* -79.25 -0.560



S&P 500MARKET MOVER

STOP

MHK
Mohawk Industries Inc
 7.861%  
CE
Celanese Corp
 2.806%  
HON
Honeywell International Inc
 1.890%  
VRTX
Vertex Pharmaceuticals Inc
 1.705%  
WDC
Western Digital Corp
 0.874%  


BOTTOM

VRSN
Verisign Inc
 14.265%  
AMZN
Amazon.com Inc
 14.049%  
CINF
Cincinnati Financial Corp
 9.8090%  
AON
Aon PLC
 9.2770%  
DRE
Duke Realty Corp
 8.6740%  



SECURITIES

BONDS
NAME YIELD CHG
US 10-YR
 2.942 +0.057
US 30-YR
 3.003 +0.057
US 5-YR
 2.970 +0.058
US 2-YR
 2.735 +0.035
US 3-MO
 0.869 +0.028
BUND 10-YR
 0.956 +0.018
JPN 10-YR
 0.227 +0.009
UK 10-YR
 1.904 -0.003



FUTURES & COMMODITIES

NAME LAST CHG %CHG
*OIL
 104.08 -0.6100 -0.5830
*NAT GAS
 7.4900 +0.246 +3.400
*GOLD
 1,883.7 -28.000 -1.4650
*SILVER
 22.775 -0.3100 -1.3400
*WHEAT
 1,0430 -12.750 -1.2100
*COPPER
 4.3000 -0.0950 -2.1600



CURRENCIES
NAME LAST CHG %CHG
JPY/USD
 0.7680 -0.003 -0.3250
USD INDEX
 103.27 +0.310 +0.300
USD/JPY
 130.25 +0.420 +0.320
GBP/USD
 1.2570 -0.000 -0.032
EUR/USD
 1.0540 +0.00 +0.010
USD/CAD
 1.2860 +0.001 +0.060
AUD/USD
 0.7050 -0.001 -0.184



Analysts Views
U.S Markets, U.S. stocks decline across the board in the Friday trading  with stock selling accelerating in the final hour of trading as big tech weighed on the broader market following earnings from Apple and Amazon. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 32977.21 -939.18 -2.77%
SP500 S&P 500 4131.93 -155.57 -3.63%
I:COMP NASDAQ COMPOSITE INDEX 12334.64 -536.89 -4.17%

The Nasdaq Composite dropped 4% and paced the declines as the volatile and losing month ended for equities.  The S&P 500 fell 3.6%, while the Dow Jones Industrial Average lost 2.7% or over 900 points. 

April Ends on Rough Note 

Nasdaq:

Lowest Since November 2020, 

Worst Day Since September 2020


S&P 500:

S&P 500 Lowest Close Since May 2021

S&P 500 Worst Day Since June 2020


Dow Jones Industrial Average: 

Dow Lowest Close Since Mid-March


Amazon, Amazon shares fell sharply after its first quarterly loss since 2015. The online retailer and Intel both issued forecasts that missed the mark.  The stock posted its worst day since 2006.

Ticker Security Last Change Change %
AMZN AMAZON.COM INC. 2,485.63 -406.30 -14.05%

Apple, Apple shares also weaker even though it posted one its best quarters in its 46-year history.

Apple’s revenue for the January-through March period rose 9% to $97.3 billion, far exceeding analyst expectations of $94 billion. Earnings per share rose to $1.52 from $1.40 a year earlier—beating estimates for $1.42 a share and setting a record for Apple’s fiscal second quarter. However, the company cautioned that the resurgence of COVID-19 in China threatens to hinder sales in the current quarter.

Ticker Security Last Change Change %
AAPL APPLE INC. 157.65 -5.99 -3.66%

Tesla shares rose after CEO Elon Musk informed investors that a recent $4.4 billion stock sale would be the final he indicated in a tweet. 
Ticker Security Last Change Change %
TSLA TESLA INC. 870.76 -6.75 -0.77%

Chevron and Exxon Mobil posted strong quarters Friday. 

Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, doubling its profits compared to the same quarter last year. But the oil giant took a huge hit as abandoned its Russian operations due to the war, writing down $3.4 billion, the company said Friday.

Ticker Security Last Change Change %
XOM EXXON MOBIL CORP. 85.15 -2.11 -2.42%
CVX CHEVRON CORP. 156.67 -5.12 -3.16%

Commodities, U.S. West Texas Intermediate crude gained over 4% for the month closing at $104.69, while Brent, the global benchmark, rose to $109 during April.

Bitcoin followed stocks lower to below the $40,000 level. 





SPOT MARKET  BY THE HOUR AS OF GMT 08:15  05-02-22
European Market, The investors' appetite is currently mixed  London's FTSE climbed by 0.47% to 7,544.55,  Germany's DAX  retreated by 0.73% to 13,995.26 while France's CAC followed suit with a decline of 2.39% to 6,377.92. 

Asia Market, Asian stocks The investors' sentiments are mixed Monday morning . Tokyo's Nikkei 225 index decreased by 0.11% to 26,818.53, China's Shanghai climbed by 2.41%  to 3,047.06 while Hang Seng in Hong Kong also followed suit with a jump of 4.01% to 21,089.39.

Cryptocurrencies, at an intraday range of $38,373.24 by the hour and a maximum of $39,153.13 in 24 hours.























 


SOURCE: CNBC
IMAGE SOURCE: PIXABAY
Contributions from Fox Business
 


 
 
 













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