Global Market Trend As Of May 4th, 2022

May 4, 2022

MAJOR INDEXES

Market report as of May 4th, 2022

NAME	LAST	CHG	%CHG
S&P 500	4,175.4800	20.1000	0.4800
NASDAQ	12,563.760	27.7400	0.2200
DJIA	33,128.790	67.2900	0.2000
*FTSE	7,527.3800*	-33.950	-0.450
*NIKKEI	26,818.530*	-29.370	-0.110
*HSI	20,869.520*	-232.37	-1.100
*SHANGHAI	3,047.0600*	71.5800	2.4100
VIX	29.3100000	0.06000	0.2100
*DAX	13,995.61*	-43.860	-0.310

S&P500 MARKET MOVERS

TOP

WDC	Western Digital Corp	14.466%
MPWR	Monolithic Power Systems Inc	11.344%
CTLT	Catalent Inc	10.908%
DVN	Devon Energy Corp	10.163%
CTRA	Coterra Energy Inc	9.474%

BOTTOM

ROK	Rockwell Automation Inc	14.518%
EXPE	Expedia Group Inc	14.015%
FMC	FMC Corp	6.2830%
EL	Estee Lauder Companies Inc	5.7980%
LYV	Live Nation Entertainment Inc	5.1600%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	2.971	+0.013
US 30-YR	3.012	+0.006
US 5-YR	3.024	+0.021
US 2-YR	2.805	+0.035
US 3-MO	0.935	+0.010
BUND 10-YR	0.993	+0.040
JPN 10-YR	0.225	+0.007
UK 10-YR	1.994	+0.037

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	105.790	+3.380	+3.301
*NAT GAS	7.92100	-0.033	-0.410
*GOLD	1,867.3	-3.300	-0.176
*SILVER	22.640	-0.025	-0.110
*WHEAT	1,054.5	+9.000	+0.86
*COPPER	4.3040	+0.033	+0.76

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.7690	+0.000	+0.04
USD INDEX	103.43	-0.0300	-0.030
USD/JPY	130.05	-0.0500	-0.038
GBP/USD	1.2520	+0.002	+0.14
EUR/USD	1.0520	+0.000	+0.03
USD/CAD	1.2810	-0.003	-0.210
AUD/USD	0.7120	+0.002	+0.30

Analyst Views
U.S Markets, Trading on the U.S bourse on Tuesday ended up in the green as the market responded to fresh batch of earnings and prepared for another interest rate hike by the Federal Reserve.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	33128.79	+67.29	+0.20%
SP500	S&P 500	4175.48	+20.10	+0.48%
I:COMP	NASDAQ COMPOSITE INDEX	12563.75	+27.74	+0.22%

Bond, Bond prices fell, pushing yields higher. The yield on the 10-year Treasury was at 2.957% after rising to 3.00% on Monday, the highest since 2018.

Financials helped aid gains in the Dow Jones Industrial Average as JPMorgan and Goldman Sachs moved higher.

Ticker	Security	Last	Change	Change %
JPM	JPMORGAN CHASE & CO.	123.02	+2.58	+2.14%
GS	THE GOLDMAN SACHS GROUP INC.	314.71	+4.37	+1.41%

Fed, The Federal Reserve is expected to raise short-term interest rates by double the usual amount when it releases its latest statement on Wednesday. It has already raised its key overnight rate once, for the first time since 2018, and Wall Street is expecting several big hikes in coming months. Banks benefit as higher rates make it more costly to borrow — for a car, a home, a credit card purchase and may weaken the economy.

Earning Reports, about 292 stocks in the S&P 500, or nearly 60% of the benchmark index, have posted January through March results, and so far the numbers are for the most part well ahead of forecasts.

Pfizer shares rose after quarterly sales jumped 77% to over $25 billion on COVID-19 demand. The company said it expects demand to remain solid as booster treatments for the virus remain recommended.

Ticker	Security	Last	Change	Change %
PFE	PFIZER INC.	49.31	+0.93	+1.92%
BNTX	BIONTECH SE	149.23	+3.19	+2.18%

Cosmetic giant Estee Lauder shares fell after the company lowered its fiscal 2022 outlook and now expects to earn $7.15 per share, down from the original $7.58 goal due to COVID-19.

Ticker	Security	Last	Change	Change %
EL	THE ESTÉE LAUDER COMPANIES INC.	245.38	-15.38	-5.90%

Coming soon, Investors should watch for Prudential Financial, AIG, Starbucks, AMD, Airbnb, Akamai Technologies and Lyft among many others.

Ticker	Security	Last	Change	Change %
PRU	PRUDENTIAL FINANCIAL INC.	109.77	+1.43	+1.32%
AIG	AMERICAN INTERNATIONAL GROUP INC.	59.54	+0.49	+0.83%
SBUX	STARBUCKS CORP.	74.33	-1.04	-1.38%
AMD	ADVANCED MICRO DEVICES INC.	91.13	+1.29	+1.44%
AKAM	AKAMAI TECHNOLOGIES INC.	113.80	+1.49	+1.33%
ABNB	AIRBNB INC.	145.00	-7.78	-5.09%
LYFT	LYFT INC.	30.76	-0.74	-2.35%

Commodities, U.S. crude oil prices slipped with U.S. crude closing at $102.41 and Brent, the global benchmark, at $104.97.

Ticker	Security	Last	Change	Change %
BNO	UNITED STS BRENT OIL FD LP UNIT	30.20	-0.82	-2.64%
USO	UNITED STATES OIL FUND L.P.	76.68	-1.71	-2.18%

SPOT MARKET BY THE HOUR AS OF GMT 10:03 05-04-22

European Market, The investors' appetite is currently down and the Euro bourses are retreating across the board. London's FTSE slide by 0.53% to 7,521.48, Germany's DAX retreated by 0.28% to 13,999.99 while France's CAC followed suit with a decline of 0.48% to 6,444.97.

Asia Market, Asian stocks The investors' sentiments are mixed Monday morning. Tokyo's Nikkei 225 index decreased by 0.11% to 26,818.53, China's Shanghai climbed by 2.41% to 3,047.06 while Hang Seng in Hong Kong also followed suit with a jump of 1.1% to 20,869.52

Cryptocurrencies, at an intraday range of $37,729.53 by the hour and a maximum of $39,063.97 in 24 hours.

SOURCE: CNBC
IMAGE SOURCE: PIXABAY
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Global Market Trend As Of May 4th, 2022

MAJOR INDEXES

Market report as of May 4th, 2022

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