Global Market Trends (7th Dec., 2021)

December 7, 2021

MAJOR INDEXES

Market report as of 6th, December 2021

NAME	LAST	CHG	%CHG
S&P 500	4,591.670	53.240	1.1700
NASDAQ	15,225.15	139.68	0.9300
DJIA	35,227.03	646.95	1.8700
*FTSE	7,299.230*	66.950	0.9300
*NIKKEI	28,455.60*	528.23	1.8900
*HSI	23,983.66*	634.28	2.7200
*SHANGHAI	3,595.090*	5.7800	0.1600
VIX	24.050000	-3.130	-11.52
*DAX	15,614.110*	233.32	1.5200

S&P500 MARKET MOVERS

TOP

NCLH	Norwegian Cruise Line Holdings Ltd	9.513%
UAL	United Airlines Holdings Inc	8.323%
RCL	Royal Caribbean Cruises Ltd	8.224%
CCL	Carnival Corp	8.081%
AAL	American Airlines Group Inc	7.882%

BOTTOM

MRNA	Moderna Inc	13.494%
MPWR	Monolithic Power Systems Inc	6.3160%
PFE	Pfizer Inc	5.1410%
GNRC	Generac Holdings Inc	4.8970%
FTNT	Fortinet Inc	3.5600%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.4440	+0.010
US 30-YR	1.7760	+0.018
US 5-YR	1.2180	+0.005
US 2-YR	0.6550	+0.020
US 3-MO	0.0610	UNCH
BUND 10-YR	-0.365	+0.021
JPN 10-YR	0.0510	+0.012
UK 10-YR	0.7580	+0.024

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	70.8800	+1.390	+2.000
*NAT GAS	3.80200	+0.145	+3.960
*GOLD	1,783.2	+3.700	+0.210
*SILVER	22.2280	UNCH	UNCH
*WHEAT	810.500	+4.250	+0.530
*COPPER	4.32000	-0.0170	-0.3900

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8800	-0.001	-0.1500
USD INDEX	96.210	-0.120	-0.1200
USD/JPY	113.65	+0.190	+0.170
GBP/USD	1.3270	+0.001	+0.050
EUR/USD	1.1290	+0.000	+0.020
USD/CAD	1.2710	-0.0050	-0.350
AUD/USD	0.7100	+0.005	+0.670

Analyst View

U.S. stocks rallied as investor fears over the omicron variant eased, even as rising inflation and uncertainty over the Federal Reserve's tapering plan remain top of mind. The Dow Jones Industrial Average rose 647 points or 1.9% after gaining over 750 points earlier in the session. It was the best day since March. The S&P 500 and Nasdaq Composite gained 1.1% and 0.9%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35227.03	+646.95	+1.87%
SP500	S&P 500	4591.67	+53.24	+1.17%
I:COMP	NASDAQ COMPOSITE INDEX	15225.152466	+139.68	+0.93%

New York Stock Exchange President Stacey Cunningham will soon be stepping down as part of major leadership changes announced by the NYSE's parent company, Intercontinental Exchange, Inc. Lynn Martin, who is currently president of ICE's fixed income and data services, has been named as Cunningham's successor.

Bitcoin, Investors are also eyeing bitcoin after a volatile weekend that saw the cryptocurrency trade below the $50,000 where it remained on Monday.

Commodity, West Texas Intermediate crude also rose over 4% to the $69.49 per barrel level, giving Exxon Mobil and Chevron a lift.

European shares rose across the board. The STOXX Europe 600 Index gained 5.94 points or 1.28% to 468.7, The FTSE 100 Index rose 109.96 points or 1.54%to 7232.28, The DAX is up 210.81 points or 1.39% to 15380.79 and the CAC 40 Index ended up 100.26 points or 1.48% to 6865.78.

Asian stock markets bounced back from its lacklustre performance of last week with a positive climb on Monday trading, the Nikkei 225 in Tokyo gained 1.89% to 28,455.6, the Hang Seng in Hong Kong climbed also by 2.72% to 23,983.66 and China's Shanghai Composite Index climbed by 0.16% to 3,595.09. Moving to reassure investors and keep growth from stalling, China’s central bank cut the amount of funds banks are required to keep in reserve. That freed up 1.2 trillion yuan ($190 billion) for banks to lend.

SOURCE: CNBC
IMAGE SOURCE: PIXABAY