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May 17, 2022

MAJOR INDEXES
Market report as of May 16th, 2022

 
 
NAME                  LAST  CHG %CHG
S&P 500                       4,008.0100 -15.880 -0.390
NASDAQ                  11,662.790 -142.21 -1.200
DJIA                         32,223.420 26.7600 0.080
*FTSE                      7,513.1000* 48.3000 0.6500
*NIKKEI              26,659.750* 112.700 0.4200
*HSI                  20,602.520* 652.310 3.2700
*SHANGHAI          3,093.7000* 19.9500 0.6500
VIX                           26.8000000 -0.6700 -2.440
*DAX                    14,154.960* 190.580 1.3600



S&P500 MARKET MOVERS

TOP
OXY
Occidental Petroleum Corp
5.68%  
NRG
NRG Energy Inc
4.209%  
HAL
Halliburton Co
4.072%  
MRO
Marathon Oil Corp
3.63%  
CEG
Constellation Energy Corp
3.626%  


BOTTOM
TWTR
Twitter Inc
8.178%  
SBNY
Signature Bank
7.092%  
EXPE
Expedia Group Inc
6.018%  
ETSY
ETSY Inc
5.93%  
TSLA
Tesla Inc
5.876%  

SECURITIES

BONDS

NAME YIELD CHG
US 10-YR
2.911 +0.032
US 30-YR
3.117 +0.033
US 5-YR
2.864 +0.044
US 2-YR
2.609 +0.041
US 3-MO
1.067 UNCH
BUND 10-YR
0.993 +0.058
JPN 10-YR
0.246 -0.003
UK 10-YR
1.810 +0.079


FUTURES & COMMODITIES

NAME LAST CHG %CHG
*OIL
114.620 +0.420 +0.368
*NAT GAS
8.11300 +0.157 +1.970
*GOLD
1,826.5 +12.50 +0.689
*SILVER
21.7750 +0.224 +1.040
*WHEAT
1,229.5 -18.000 -1.4400
*COPPER
4.25600 +0.065 +1.540


CURRENCIES
NAME LAST CHG %CHG
JPY/USD
0.7730 -0.001 -0.116
USD INDEX
103.73 -0.460 -0.440
USD/JPY
129.32 +0.160 +0.120
GBP/USD
1.2470 +0.016 +1.260
EUR/USD
1.0480 +0.005 +0.450
USD/CAD
1.2810 -0.0030 -0.226
AUD/USD
0.7030 +0.006 +0.920

Analyst's Views
U.S. stocks trimmed losses ending the session mixed ahead of a barrage of earnings from the nation's biggest retailers and as oil prices ticked higher. 

The Dow Jones Industrial Average notched a modest 0.08% gain by adding over 27 points. Meanwhile, the Nasdaq Composite slipped 1.2% and the S&P 500 0.4%. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 32223.42 +26.76 +0.08%
SP500 S&P 500 4008.01 -15.88 -0.39%
I:COMP NASDAQ COMPOSITE INDEX 11662.79 -142.21 -1.20%

Energy and health care stocks rose, while discretionary and technology lagged within the S&P's largest groups. 

Ticker Security Last Change Change %
XLE ENERGY SELECT SECTOR SPDR ETF 82.91 +2.13 +2.64%
XLV HEALTH CARE SELECT SECTOR SPDR ETF 129.56 +0.96 +0.75%
XLK TECHNOLOGY SELECT SECTOR SPDR ETF 134.64 -1.22 -0.90%
XLY CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF 149.03 -3.29 -2.16%

S&P 500 The team at Goldman Sachs, led by David Kostin, warned the S&P 500 could fall another 10% from current levels. 

 
Market Deals,  JetBlue disclosed it will take its offer for Spirit Airlines directly to shareholders.

Ticker Security Last Change Change %
JBLU JETBLUE AIRWAYS CORP. 9.45 -0.61 -6.06%
SAVE SPIRIT AIRLINES INC. 19.29 +2.32 +13.67%

McDonald's announced it will exit Russia, selling all of its company-owned shops, which will incur a charge of about $1.4 billion. 

Ticker Security Last Change Change %
MCD MCDONALD'S CORP. 244.04 -1.00 -0.41%

Twitter shares dipped for a seventh session now down over 20% during the time frame. 


Market Earnings,
Among the big names reporting will be Walmart and Home Depot on Tuesday; Target, Lowes and TJX Companies on Wednesday; Ross Stores, BJ’s Wholesale Club, and Kohl’s on Thursday; and Foot Locker on Friday morning.

Ticker Security Last Change Change %
HD THE HOME DEPOT INC. 295.99 -0.04 -0.01%
TGT TARGET CORP. 219.25 -0.48 -0.22%
WMT WALMART INC. 148.21 +0.16 +0.11%
BJ BJS WHSL CLUB HLDGS INC 64.33 +1.99 +3.19%
ROST ROSS STORES INC. 91.81 -0.25 -0.27%
FL FOOT LOCKER INC. 30.43 +0.65 +2.18%

Investors will pay close attention to the numbers, and especially guidance, for clues about the health of the consumer and the impact that inflation pressures, supply-chain constraints and a tight labor market are having on profitability.

Commodities, in energy trading, benchmark U.S. crude rose over 3% to $114.20 per barrel, while Brent, the international benchmark, rose over 2% to $114.24. 

In cryptocurrencies, Bitcoin hovered below the $30,000 level. 



SPOT MARKET  BY THE HOUR AS OF GMT 9:40  05-17-22

European Market, The investors' appetite is currently positive as all Euro stock are rising across the board. London's FTSE climbed by 0.62 % to 7,511.23, Germany's DAX  jumped by 1.51% to 14,169.25 while France's CAC followed suit with an increase of 1.52% to 6,444.42. 

Asia MarketAsian stocks The investors' sentiments are currently up in Asia. Tokyo's Nikkei 225 index increased by 0.42% to 26,659.75, China's Shanghai increased by 0.65 % to 3,093.7 while Hang Seng in Hong Kong jumped by 3.27% to 20,602.52.


Cryptocurrencies,
 at an intraday range of $29,750 by the hour and a maximum of $30,753.96 in 24 hours.























 


SOURCE: CNBC
IMAGE SOURCE: PIXABAY
C
ontributions from Fox Business