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.