Global Market Trends (8th Feb., 2022)

February 8, 2022

MAJOR INDEXES

Market report as of 7th, February 2022

NAME	LAST	CHG	%CHG
S&P 500	4,483.8700	-16.660	-0.37
NASDAQ	14,015.670	-82.340	-0.58
DJIA	35,091.130	1.39000	0.0000
*FTSE	7,624.3500*	50.8800	0.6700
*NIKKEI	27,284.520*	35.6500	0.1300
*HSI	24,329.490*	-250.06	-1.020
*SHANGHAI	3,452.6300*	23.0500	0.6700
VIX	22.8000000	-0.0600	-0.260
*DAX	15,303.810*	97.1700	0.6400

S&P500 MARKET MOVERS

TOP

TSN	Tyson Foods Inc	12.232%
RCL	Royal Caribbean Cruises Ltd	8.4410%
NCLH	Norwegian Cruise Line Holdings Ltd	8.3950%
CCL	Carnival Corp	7.8160%
AAL	American Airlines Group Inc	5.0460%

BOTTOM

ZBH	Zimmer Biomet Holdings Inc	9.086%
CEG	Constellation Energy Corp	8.117%
FB	Meta Platforms Inc	5.137%
AVY	Avery Dennison Corp	4.141%
PYPL	PayPal Holdings Inc	3.704%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.94	+0.024
US 30-YR	2.232	+0.014
US 5-YR	1.798	+0.033
US 2-YR	1.331	+0.035
US 3-MO	0.284	+0.002
BUND 10-YR	0.223	+0.001
JPN 10-YR	0.209	+0.008
UK 10-YR	1.426	+0.014

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	90.6400	-0.6800	-0.74
*NAT GAS	4.28300	+0.051	+1.21
*GOLD	1,819.2	-2.6000	-0.14
*SILVER	22.8650	-0.2110	-0.91
*WHEAT	760.500	-8.2500	-1.07
*COPPER	4.42500	-0.0380	-0.84

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8670	-0.002	-0.170
USD INDEX	95.640	+0.240	+0.25
USD/JPY	115.35	+0.230	+0.20
GBP/USD	1.3540	+0.000	+0.01
EUR/USD	1.1400	-0.004	-0.35
USD/CAD	1.2680	+0.001	+0.09
AUD/USD	0.7130	+0.001	+0.08

Analyst View

The U.S. market ended mostly lower in seesaw trading on Monday, as investors took in merger and acquisition news while also prepping for another busy week of earnings with about 80 S&P 500 companies set to report. The Dow Jones Industrial Average closed flat, while the Nasdaq and S&P 500 fell by 0.4% and 0.6%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35091.13	+1.39	+0.00%
SP500	S&P 500	4483.87	-16.66	-0.37%
I:COMP	NASDAQ COMPOSITE INDEX	14015.668	-82.34	-0.58%

Aviation, in deal news Monday, Frontier is buying Spirit Airlines in a $3 billion deal, which is aiming to raise competition and give travellers more options to fly to midsize cities as well as regions that are underserved, according to the companies. Shares jumped over 17%.

Ticker	Security	Last	Change	Change %
ULCC	FRONTIER GROUP HOLDINGS	12.82	+0.43	+3.47%
SAVE	SPIRIT AIRLINES INC.	25.46	+3.73	+17.17%

Discount carrier Southwest Airlines and larger carriers Delta, America and United all rose on M&A speculation.

Ticker	Security	Last	Change	Change %
LUV	SOUTHWEST AIRLINES CO.	44.60	+0.94	+2.15%
DAL	DELTA AIR LINES INC.	40.94	+1.09	+2.74%
AAL	AMERICAN AIRLINES GROUP INC.	17.28	+0.83	+5.05%
UAL	UNITED AIRLINES HOLDINGS INC.	44.44	+1.62	+3.78%

Earnings, in earnings, Tyson Foods reported revenue of $12.93 billion, exceeding estimates despite rising inflation and labour shortages. Shares gained 12%.

Ticker	Security	Last	Change	Change %
TSN	TYSON FOODS INC.	99.09	+10.80	+12.23%

Hasbro also posted revenues that beat expectations, jumping over 50% to $2 billion vs. a $1.87 billion estimate. The toymaker also lifted its dividend 3% still shares closed fractionally lower.

Cryptocurrencies, Bitcoin continued its climb above the $40,000 level.

Commodities, benchmark U.S. crude slipped over 1% to $91.32 per barrel.

SPOT MARKET BY THE HOUR AS OF GMT 09:29 02-08-22

European Market, the European market by the hour sustain an upward swing in the second trading day of the week with most indices positive across the board. London's FTSE climbed 0.54% to 7,533.17, Germany's DAX increased by 0.61% to 15,299.22 and France's CAC declined by 1.02% to 7,081.49.

Asia Market, Asian stocks The investor's appetite remain mixed as all Asian Markets are back trading after the Lunar New Year holiday. However, Tokyo's Nikkei 225 index increased by 0.13% to 27,284.87, the Hang Seng in Hong Kong retreated by 1.02% to 24,329.49, while China's Shanghai also increased by 0.67% to 3,452.63.

Cryptocurrencies, at an intraday range of $43,575.36 by the hour and maximum of $45,501 in 24 hours

SOURCE: CNBC
IMAGE SOURCE: PIXABAY
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