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Global Market Trend As Of May 30th, 2022

May 30, 2022

MAJOR INDEXES

Market report as of May 30th, 2022   

NAME                  LAST  CHG %CHG
S&P 500                       4,158.2400 100.40 2.470
NASDAQ                  12,131.130 390.48 3.330
DJIA                         33,212.960 575.77 1.760
*FTSE                      7,618.8600* 33.400 0.440
*NIKKEI              27,369.430* 587.75 2.190
*HSI                  21,123.930* 426.57 2.060
*SHANGHAI          3,149.06000* 18.820 0.600
VIX                           25.72000000 -1.780 -6.47
*DAX                    14,585.1400* 122.95 0.850



S&P500 MARKET MOVERS

TOP

ULTA
Ulta Beauty Inc
12.467%  
ADSK
Autodesk Inc
10.306%  
MRNA
Moderna Inc
8.7330%  
MPWR
Monolithic Power Systems Inc
8.1060%  
TSLA
Tesla Inc
7.3330%  

BOTTOM

BMY
Bristol-Myers Squibb Co
1.869%  
CF
CF Industries Holdings Inc
1.024%  
PM
Philip Morris International Inc
1.018%  
C
Citigroup Inc
0.869%  
ZBH
Zimmer Biomet Holdings Inc
0.680%  



SECURITIES

BONDS
NAME YIELD CHG
US 10-YR
2.743 -0.015
US 30-YR
2.972 -0.020
US 5-YR
2.724 +0.007
US 2-YR
2.484 -0.004
US 3-MO
1.083 +0.028
BUND 10-YR
1.041 +0.079
JPN 10-YR
0.239 +0.016
UK 10-YR
1.980 +0.065



FUTURES & COMMODITIES

NAME LAST CHG %CHG
*OIL
116.050 +0.980 +0.852
*NAT GAS
8.79800 +0.071 +0.810
*GOLD
1,855.3 +4.000 +0.216
*SILVER
22.1550 +0.059 +0.270
*WHEAT
1,157.5 UNCH UNCH
*COPPER
4.33100 +0.024 +0.560



CURRENCIES

NAME LAST CHG %CHG
JPY/USD
0.7860 -0.001 -0.114
USD INDEX
101.53 -0.140 -0.140
USD/JPY
127.28 +0.17 +0.13
GBP/USD
1.2620 +0.001 +0.05
EUR/USD
1.0750 +0.003 +0.23
USD/CAD
1.2690 -0.003 -0.252
AUD/USD
0.7180 +0.002 +0.31

Analyst Views

U.S. Markets, U.S. bourses were relatively higher on Friday due to set of earnings from retailers that send shares higher. The major futures indexes suggest a gain of 0.2% when the final trading day of the week gets underway on Wall Street.

Wall Street ended broadly higher after seven straight weeks of declines, the longest such stretch since 2001.

The S&P 500 rose 79.11 points, or 2%, to 4,057.84. The Dow added 516.91 points, or 1.6%, to 32,637.19, and the Nasdaq rose 305.91 points, or 2.7%, to 11,740.65. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 33212.96 +575.77 +1.76%
SP500 S&P 500 4158.24 +100.40 +2.47%
I:COMP NASDAQ COMPOSITE INDEX 12131.13 +390.48 +3.33%

Treasury Bills, the yield on the 10-year Treasury was at 2.74% Friday morning.

Retailers led the broader market higher Thursday. Macy's surged 19.3% after it raised its profit forecast for the year following a strong first-quarter financial report. Dollar General vaulted 13.7% and Dollar Tree jumped 21.9% for the biggest gain in the S&P 500 after the discount retailers reported solid earnings and gave investors encouraging forecasts.

Shares of Costco Wholesale traded nearly 2% lower in premarket trading. Profit and revenue topped expectations. Same-store sales grew by double-digits, but fell short of expectations. 

Shares of Dell Technologies gained 7% in after-hours trading. Profit and revenue topped expectations on strong demand for enterprise computing hardware and business PC sales. The company also raised its full-year guidance. 

Commodities, Oil is trading near a two-month high amid global supply concerns. U.S. West Texas Intermediate (WTI) crude futures traded around $114 a barrel. WTI is set for a weekly gain of about 0.7%. Brent futures were around $117 a barrel. That benchmark was on track for a gain of about 4% this week.


SPOT MARKET  BY THE HOUR AS OF GMT 09:30  05-30-22

European Market, The investors' appetite is currently mixed on the Euro bourses. London's FTSE retreated by 0.17% to 7,598.66, Germany's DAX  jumped by 0.56% to 14,542.97 while France's CAC followed suit by 0.8% to 6,568.04. 


Asia Market
Asian stocks The investors' sentiments are currently positive as the gradual opening of Shanghai breath a fresh breath on the markets. Tokyo's Nikkei 225 index increased by 2.19% to 27,369.43, China's Shanghai climbed by 0.6% to 3,149.06 while Hang Seng in Hong Kong jumped by 2.06% to 21,123.93.



Cryptocurrencies,
 at an intraday range of $29,276.15 by the hour and a maximum of $30,887.04 in 24 hours.
























 


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
















Bitcoin traded around $29,000.