GLOBAL MARKET TRENDS (28th Sept. 2021)

September 29, 2021

MAJOR INDEXES

NAME	LAST	CHG	%CHG
S&P 500	4352.630	-90.480	-2.04
NASDAQ	14546.68	-423.29	-2.83
DJIA	34299.99	-569.38	-1.63
*FTSE	7028.100*	-35.300	-0.50
*NIKKEI	29544.29*	-639.67	-2.12
*HSI	24633.98*	133.590	0.550
*SHANGHAI	3543.140*	-59.080	-1.64
VIX	23.25000	UNCH00	0.000
*DAX	15248.56*	UNCH00	0.000

NASDAQ MARKET MOVERS

TOP

ATVI	Activision Blizzard Inc	1.665%
EA	Electronic Arts	1.356%
NTES	NetEase Inc	0.833%
FISV	Fiserv Inc	0.174%
KDP	Keurig Dr Pepper Inc	0.088%

BOTTOM

PDD	Pinduoduo Inc	7.600%
AMAT	Applied Materials Inc	6.901%
ASML	ASML Holding NV	6.601%
SPLK	Splunk Inc	6.304%
AMD	Advanced Micro Devices Inc	6.139%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.5060	-0.030
US 30-YR	2.0550	-0.015
US 5-YR	0.9910	-0.033
US 2-YR	0.2970	-0.010
US 3-MO	0.0410	UNCH0
BUND 10-YR	-0.212	-0.013
JPN 10-YR	0.0560	-0.014
UK 10-YR	0.9960	-0.003

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	73.890	-1.400	-1.860
*NAT GAS	5.6990	-0.181	-3.080
*GOLD	1,739.6	+2.10	+0.120
*SILVER	22.320	-0.147	-0.650
*WHEAT	711.00	+4.50	+0.640
*COPPER	4.2330	-0.014	-0.320

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.897	+0.001	+0.07
USD INDEX	93.78	+0.01	+0.01
USD/JPY	111.45	-0.05	-0.04
GBP/USD	1.352	-0.002	-0.11
EUR/USD	1.167	-0.001	-0.08
USD/CAD	1.269	UNCH	UNCH
AUD/USD	0.724	+0.001	+0.11

Analyst View
U.S. stock indexes nose-dived Tuesday as consumer confidence plummeted to a seven-month low and FED Chairman Jerome Powell expressed deep concerns over inflation. The Dow Jones Industrial Average fell 569 points, or 1.63%, while the S&P 500 index and the Nasdaq Composite index declined 2.04% and 2.83%, respectively.

European bourses were with the bears with a clear weakening across the board with France’s CAC 30 tumbling 2.17%, Germany’s DAX 40 slid 2.09%, and Britain’s FTSE 100 declining 0.5%. The story was not the same in Asia, China’s Shanghai Composite index and Hong Kong’s Hang Seng index jumped 0.54% and 1.2%, respectively, however, Japan’s Nikkei 225 slipped 0.19%.

Mega-cap technology stocks, like Apple Inc., Microsoft Inc., and Amazon Inc., in the US succumbed to the rising Treasury yield and traded lower.

SOURCE: CNBC