Global Market Trend As Of May 17th, 2022

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 Market, Asian 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.