Global Market Trend As Of July 22nd, 2022

July 22, 2022

MAJOR INDEXES

Market report as of July 21st, 2022

NAME	LAST	CHG	%CHG
S&P 500	39,998.9500	39.050	0.99
NASDAQ	12,059.6100	161.96	1.36
DJIA	32,036.9600	162.06	0.51
*FTSE	7,295.50000*	24.990	0.34
*NIKKEI	27,914.6600*	111.66	0.40
*HSI	20,609.1400*	34.510	0.17
*SHANGHAI	3,269.97000*	-2.030	-0.06
VIX	23.37000000	0.2600	1.13
*DAX	13,276.9700*	30.330	0.23

S&P500MARKET MOVERS

TOP

TSLA	Tesla Inc	9.781%
NUE	Nucor Corp	9.147%
DHR	Danaher Corp	9.074%
BIO	Bio Rad Laboratories Inc	7.735%
BBWI	Bath & Body Works Inc	7.042%

BOTTOM

CCL	Carnival Corp	11.181%
UAL	United Airlines Holdings Inc	10.173%
POOL	Pool Corp	10.127%
DFS	Discover Financial Services	8.9250%
RCL	Royal Caribbean Cruises Ltd	8.2390%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	2.820	-0.088
US 30-YR	3.020	-0.052
US 5-YR	2.926	-0.082
US 2-YR	3.064	-0.031
US 3-MO	2.489	+0.031
BUND 10-YR	1.071	-0.153
JPN 10-YR	0.216	-0.025
UK 10-YR	1.944	-0.103

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	96.8300	+0.4800	+0.498
*NAT GAS	7.87500	-0.0570	-0.7200
*GOLD	1,716.80	+3.400	+0.198
*SILVER	18.6550	-0.064	-0.3400
*WHEAT	784.500	-21.75	-2.7000
*COPPER	3.32000	+0.021	+0.640

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.7270	-0.001	-0.179
USD INDEX	107.11	+0.20	+0.19
USD/JPY	137.61	+0.24	+0.17
GBP/USD	1.1960	-0.003	-0.284
EUR/USD	1.0160	-0.007	-0.704
USD/CAD	1.2870	+0.00	+0.03
AUD/USD	0.6910	-0.002	-0.217

President Biden has tested positive for COVID-19, the White House said on Thursday. White House Press Secretary Karine Jean-Pierre said in a written statement. "He is fully vaccinated and twice boosted and experiencing very mild symptoms. He has begun taking Paxlovid.

Unemployment benefits, the number of Americans filing for unemployment benefits last week rose to the highest level in eight months, the latest sign that the historically tight labor market is starting to cool.

Figures released Thursday by the Labor Department show that applications for the week ended July 16 rose to 251,000 from the 240,000 recorded a week earlier. It marked the highest level for jobless claims since mid-November.

Social media stocks plunging
SNAP INC.: Shares plunged by 28% in premarket trading after the company posted its weakest-ever quarterly sales growth as a public company. The parent company of Snapchat reported revenue of $1.11 billion, narrowly missing scaled-back Wall Street expectations and said sales in the current period were roughly flat from a year ago. Snap posted a $422 million net loss for the second quarter.

Other social media-related shares are also down. Meta Platforms down 4%, Alphabet off 2% and Twitter down 2%.

FEDEX CORP: The company is cutting back on Sunday deliveries in some low-density, rural U.S. markets. The suspension of service will go into effect Aug. 15, according to Reuters. The company started Sunday deliveries after the COVID-19 pandemic hit causing a jump in demand as people placed orders while staying home. The specific markets that would be affected have not been revealed yet.

SPOT MARKET BY THE HOUR AS OF GMT 10:113 07-22-22

European Market, The Euromarket bourses are up by the hour with all the bourses in green. London's FTSE increased by 0.17% to 7,284.23, Germany's DAX moved up by 0.11% to 13,260.95
while France's CAC also jump by 0.23% to 6,215.44.

Asia Market, Asian stocks The investors' sentiments are mixed across the Asian bourses. Tokyo's Nikkei 225 index increased by 0.4% to 27,914.66, China's Shanghai declined by 0.66% to 3,269.97 while Hang Seng in Hong Kong moved up by 0.17% to 20,609.14.

Cryptocurrencies, at an intraday range of $22,650.42 by the hour and a maximum of $23,430.33 in 24 hours.

Bitcoin, is cruising just above its 2017 peak, but is over 68% below its all-time high of $69,000 hit last November.

SOURCE: MSBM
IMAGE SOURCE: Freepik
Contributions from Fox Business &CNBC