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๐Ÿ—ž๏ธ U.S. Post Market and Daily Recap (Fri 16 Jun) | What happened.

U.S. stocks dropped over Friday trading session as Wall Street indices ended the session lower.

๐Ÿ‡บ๐Ÿ‡ธ Nasdaq ended the day down by -93.25 points or -0.68% lower to 13,689.57. While ๐Ÿ‡บ๐Ÿ‡ธ Dow 30 closed lower and down by -108.94 points or -0.32% to 34,299.12 and ๐Ÿ‡บ๐Ÿ‡ธ S&P 500 dropped -16.25 points or -0.37% lower to 4,409.59.

Investors seem wary as they continue to digest recent economic data of ๐Ÿ‡บ๐Ÿ‡ธ U.S. Michigan Index of Consumer Sentiment in June preliminary estimate exceed forecast and rose to 63.9 points compared to previous figure 59.2 points in May according to University of Michigan.

There are no major U.S. economic data on Monday

Key events that happened over the week

– ๐Ÿ‡บ๐Ÿ‡ธ U.S. UoM 5-year Consumer Inflation Expectation in June preliminary estimate below forecast and dropped to 3% compared to previous figure 3.1% in May.
– ๐Ÿ‡บ๐Ÿ‡ธ In the week ending 10 June, Initial Unemployment Insurance Claims in U.S. was unchanged at 262K compared to previous figure 262K (revised from 261K).
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Philadelphia Fed Manufacturing Survey in June below forecast and dropped to -13.7 points compared to previous figure -10.4 points in May.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Monthly Retail Trade (1-mth) in May exceed forecast and dropped to 0.3% compared to previous figure 0.4, revised from 0.4% in April.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Interest Rate Projections rose to 5.6% compared to previous rate 5.1%.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Fed Interest Rate Decision (Federal Funds Rate) unchanged at 5.25% compared to previous rate 5.25%.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate (12-mth) in May below forecast and dropped to 4% compared to previous figure 4.9% in April.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Monthly Budget Statement in May exceed forecast and dropped to -240$ compared to previous figure 176$ in April.

๐Ÿ—ž๏ธ U.S. Post Market Overview

Type Session Pct Points Last Previous Trend
๐Ÿ‡บ๐Ÿ‡ธ Dow 30 Fri -0.32% -108.94 34,299.12 34,408.06
๐Ÿ‡บ๐Ÿ‡ธ Nasdaq Fri -0.68% -93.25 13,689.57 13,782.82
๐Ÿ‡บ๐Ÿ‡ธ S&P 500 Fri -0.37% -16.25 4,409.59 4,425.84
๐Ÿ‡บ๐Ÿ‡ธ Russell 2000 Fri -0.73% -13.81 1,875.47 1,889.28
๐Ÿช™Gold Fri 0% 0 1,970.70 1,970.70
๐Ÿชจ Silver Fri 1.35% 0.32 24.27 23.95
๐Ÿ›ข๏ธCrude Oil Fri 1.16% 0.82 71.44 70.62
๐Ÿ‡บ๐Ÿ‡ธ 10-Yr Treasury Note Fri 1.1% 0.04 3.77 3.73
โ‚ฟ Bitcoin Fri 3.25% 830.62 26,350.25 25,519.63

Sector Performance

Sector Latest 1 Day 5 Day 1 Month 3 Month
Health Care -0.01% 1.55% 1.60% -0.16% 4.51%
Communication Services -1.00% 1.54% 3.30% 8.36% 24.61%
Industrials -0.15% 1.51% 2.83% 6.97% 6.09%
Information Technology -0.83% 1.28% 5.79% 16.14% 26.75%
Financials -0.22% 1.26% 1.49% 5.29% 4.12%
Utilities 0.53% 1.06% 0.17% -3.40% 0.91%
Energy -0.11% 1.04% -1.17% 2.20% -0.78%
Consumer Staples 0.05% 0.93% 1.81% -3.24% 3.59%
Materials 0.11% 0.85% 2.36% 4.07% 3.98%
Consumer Discretionary -0.18% 0.68% 3.80% 12.61% 19.01%
Real Estate -0.11% 0.34% 0.73% 1.16% 1.46%

From the US

U.S. stocks dropped over Friday trading session as Wall Street indices ended the session lower.

๐Ÿ‡บ๐Ÿ‡ธ Nasdaq ended the day down by -93.25 points or -0.68% lower to 13,689.57. While ๐Ÿ‡บ๐Ÿ‡ธ Dow 30 closed lower and down by -108.94 points or -0.32% to 34,299.12 and ๐Ÿ‡บ๐Ÿ‡ธ S&P 500 dropped -16.25 points or -0.37% lower to 4,409.59.

Investors seem wary as they continue to digest recent economic data of ๐Ÿ‡บ๐Ÿ‡ธ U.S. Michigan Index of Consumer Sentiment in June preliminary estimate exceed forecast and rose to 63.9 points compared to previous figure 59.2 points in May according to University of Michigan.

There are no major U.S. economic data on Monday

Key events that happened over the week

– ๐Ÿ‡บ๐Ÿ‡ธ U.S. UoM 5-year Consumer Inflation Expectation in June preliminary estimate below forecast and dropped to 3% compared to previous figure 3.1% in May.
– ๐Ÿ‡บ๐Ÿ‡ธ In the week ending 10 June, Initial Unemployment Insurance Claims in U.S. was unchanged at 262K compared to previous figure 262K (revised from 261K).
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Philadelphia Fed Manufacturing Survey in June below forecast and dropped to -13.7 points compared to previous figure -10.4 points in May.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Monthly Retail Trade (1-mth) in May exceed forecast and dropped to 0.3% compared to previous figure 0.4, revised from 0.4% in April.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Interest Rate Projections rose to 5.6% compared to previous rate 5.1%.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Fed Interest Rate Decision (Federal Funds Rate) unchanged at 5.25% compared to previous rate 5.25%.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate (12-mth) in May below forecast and dropped to 4% compared to previous figure 4.9% in April.
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Monthly Budget Statement in May exceed forecast and dropped to -240$ compared to previous figure 176$ in April.

Wall Street Top Gainers, Losers and Active Stocks

Symbol Price Chg Pct Bias Type
NCNO 31.69 6.23 24.47% Top Gainers
ABCM 22.31 3.25 17.05% Top Gainers
SOFI 8.60 -0.95 -9.95% Top Losers
IAS 17.64 -1.53 -7.98% Top Losers
CBT 68.55 -6.07 -8.13% Top Losers
TSLA 260.54 4.64 1.81% Most Active
SOFI 8.60 -0.95 -9.95% Most Active
RIVN 14.88 -0.36 -2.36% Most Active

Top two gainers in the last trading session include nCino Inc (NCNO) as the stock surged 24.47% to 31.69 while Abcamย PLC (ABCM) added 17.05% to 22.31.

Losers include SoFi Technologies Inc. (SOFI), erasing -9.95% from its share price to 8.60 and Cabot Corporation (CBT) dropped -8.13% to 68.55.

Elsewhere, most active counters were Tesla Inc (TSLA), SoFi Technologies Inc. (SOFI) and Rivian Automotive Inc (RIVN) to name a few.

๐ŸŒ Asia Markets

Type Session Pct Points Last Previous Trend
๐Ÿ‡ฆ๐Ÿ‡บ ASX All Ordinaries Fri 1.1% 81.2 7,451.20 7,370.00
๐Ÿ‡ฆ๐Ÿ‡บ S&P/ASX 200 Fri 1.06% 75.9 7,251.20 7,175.30
๐Ÿ‡ญ๐Ÿ‡ฐ Hang Seng Fri 0.94% 185.8 20,014.72 19,828.92
๐Ÿ‡ฒ๐Ÿ‡พ FTSE Bursa Malaysia Fri 0.5% 6.88 1,388.61 1,381.73
๐Ÿ‡ณ๐Ÿ‡ฟ NZX 50 Fri 0.96% 112.59 11,800.04 11,687.45
๐Ÿ‡ฏ๐Ÿ‡ต Nikkei 225 Fri 0.66% 220.59 33,706.08 33,485.49
๐Ÿ‡ต๐Ÿ‡ญ PSE Index Fri -0.36% -23.01 6,438.41 6,461.42
๐Ÿ‡ธ๐Ÿ‡ฌ Straits Times Index Fri 0.53% 17.18 3,260.03 3,242.85
๐Ÿ‡ฎ๐Ÿ‡ณ NIFTY 50 Fri 0.74% 137.9 18,826.00 18,688.10
๐Ÿ‡จ๐Ÿ‡ณ SSE Composite Fri 0.63% 20.36 3,273.33 3,252.98

๐ŸŒ From Asia and Europe

From Japan, ๐Ÿ‡ฏ๐Ÿ‡ต Nikkei 225 ended Friday trading session up by 0.66% (220.59 points) higher to 33,706.08. Previous day close was 33,485.49.

In the recent economic data, ๐Ÿ‡ฏ๐Ÿ‡ต Japan Bank of Japan Short-Term Policy Interest Rate unchanged at -0.1% compared to previous rate -0.1% according to Bank of Japan.

From Europe, ๐Ÿ‡ฉ๐Ÿ‡ช DAX ended Friday trading session up by 0.41% (67.51 points) higher to 16,357.63. Previous day close was 16,290.12.

Data from Europe reported ๐Ÿ‡ช๐Ÿ‡บ Euro Area Labor Cost in Q1 exceed forecast and dropped to 5% compared to previous figure 5.6, revised from 5.7% in Q4.

๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 ended Friday trading session up by 0.19% (14.46 points) higher to 7,642.72. Previous day close was 7,628.26.

Latest report saw ๐Ÿ‡ฌ๐Ÿ‡ง U.K. Manufacturing Production (12-mth) in April improved to -0.9% compared to previous figure -1.3% in March.

Key events that happened over the week

– ๐Ÿ‡ฆ๐Ÿ‡บ Australia Unemployment Rate (seasonally adjusted) in May below forecast and dropped to 3.6% compared to previous figure 3.7% in April.
– ๐Ÿ‡ฆ๐Ÿ‡บ Australia Full-Time Employment in May rose to 61.7K compared to previous figure -27.1K in April.
– ๐Ÿ‡ฆ๐Ÿ‡บ Australia Employment Change (seasonally adjusted) in May exceed forecast and rose to 75.9K compared to previous figure -4.3K in April.
– ๐Ÿ‡จ๐Ÿ‡ณ China Retail Trade Turnover (12-mth) in May below forecast and dropped to 12.7% compared to previous figure 18.4% in April.
– ๐Ÿ‡จ๐Ÿ‡ณ China Industrial Production (12-mth) in May below forecast and dropped to 3.5% compared to previous figure 5.6% in April.
– ๐Ÿ‡ฉ๐Ÿ‡ช Germany ZEW Indicator of Economic Sentiment in June exceed forecast and improved to -8.5 points compared to previous figure -10.7 points in May.
– ๐Ÿ‡ช๐Ÿ‡บ Euro Area Industrial Production seasonal adjustment. (1-mth) in April exceed forecast and rose to 1% compared to previous figure -3.8, revised from -4.1% in March.
– ๐Ÿ‡ช๐Ÿ‡บ Euro Area ECB Interest Rate on main refinancing operations (MRO) rose to 4% compared to previous rate 3.75%.
– ๐Ÿ‡ช๐Ÿ‡บ Euro Area Labor Cost in Q1 exceed forecast and dropped to 5% compared to previous figure 5.6, revised from 5.7% in Q4.
– ๐Ÿ‡ฌ๐Ÿ‡ง U.K. Claimant Count Change in May below forecast and dropped to -13.6K compared to previous figure 23.4, revised from 46.7K in April.
– ๐Ÿ‡ฌ๐Ÿ‡ง U.K. GDP (1-mth) in April rose to 0.2% compared to previous figure -0.3% in March.
– ๐Ÿ‡ฌ๐Ÿ‡ง U.K. Industrial Production (1-mth) in April exceed forecast and dropped to -0.3% compared to previous figure 0.7% in March.
– ๐Ÿ‡ฌ๐Ÿ‡ง U.K. NIESR GDP 3-mth Estimate in May below forecast and dropped to 0% compared to previous figure 0.1% in April.
– ๐Ÿ‡ฏ๐Ÿ‡ต Japan Exports (12-mth) in May exceed forecast and dropped to 0.6% compared to previous figure 2.6% in April.
– ๐Ÿ‡ฏ๐Ÿ‡ต Japan Merchandise Trade Balance Total in May exceed forecast and dropped to -1372.5ยฅ compared to previous figure -432.3, revised from -432.4ยฅ in April.
– ๐Ÿ‡ฏ๐Ÿ‡ต Japan Imports (12-mth) in May exceed forecast and dropped to -9.9% compared to previous figure -2.3% in April.
– ๐Ÿ‡ฏ๐Ÿ‡ต Japan Bank of Japan Short-Term Policy Interest Rate unchanged at -0.1% compared to previous rate -0.1%.
– ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand GDP (12-mth) in Q1 below forecast and dropped to 2.2% compared to previous figure 2.3, revised from 2.2% in Q4.
– ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand GDP (3-mth) in Q1 improved to -0.1% compared to previous figure -0.7, revised from -0.6% in Q4.

๐Ÿ‡ช๐Ÿ‡บ Europe and UK ๐Ÿ‡ฌ๐Ÿ‡ง

Type Session Pct Points Last Previous Trend
๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 Fri 0.19% 14.46 7,642.72 7,628.26
๐Ÿ‡ฌ๐Ÿ‡ง FTSE 250 Fri -0.04% -8.52 19,030.89 19,039.41
๐Ÿ‡ฌ๐Ÿ‡ง AIM Fri 0.13% 1.03 792.59 791.56
๐Ÿ‡ซ๐Ÿ‡ท CAC 40 Fri 1.34% 97.74 7,388.65 7,290.91
๐Ÿ‡ฉ๐Ÿ‡ช DAX Fri 0.41% 67.51 16,357.63 16,290.12
๐Ÿ‡ฉ๐Ÿ‡ช MDAX Fri 0.55% 150.43 27,480.82 27,330.39
๐Ÿ‡ฉ๐Ÿ‡ช TecDAX Fri 0.63% 20.53 3,272.07 3,251.54
๐Ÿ‡ฉ๐Ÿ‡ช SDAX Fri 0.42% 57.93 13,707.13 13,649.20
๐Ÿ‡จ๐Ÿ‡ญ Euro Stoxx 50 Fri 0.68% 29.7 4,394.82 4,365.12

๐Ÿ’ต Forex Markets

Performance after Friday
Symbol Day Week Month Last Momentum
๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ EURUSD -0.11% 1.81% 2.38% 1.09401
๐Ÿ‡ฌ๐Ÿ‡ง ๐Ÿ‡บ๐Ÿ‡ธ GBPUSD 0.29% 1.93% 3.06% 1.28186
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ฏ๐Ÿ‡ต USDJPY 1.12% 1.77% 1.81% 141.82
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ฆ USDCAD -0.18% -1.07% -2.74% 1.31980
๐Ÿ‡ฆ๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ AUDUSD -0.13% 1.95% 5.69% 0.68707
๐Ÿ‡ณ๐Ÿ‡ฟ ๐Ÿ‡บ๐Ÿ‡ธ NZDUSD 0% 1.73% 3.59% 0.62330
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ญ USDCHF 0.24% -1% -1.82% 0.89369

๐ŸŒ In Other Markets

๐Ÿช™Gold is down by 0% (0 USD an ounce) to 1,970.70 USD an ounce as on Fri. Previous day close was 1,970.70.

๐Ÿชจ Silver is up by 1.35% (0.32 USD an ounce) to 24.27 USD an ounce as on Fri. Previous day close was 23.95.

๐Ÿ›ข๏ธCrude Oil is up by 1.16% (0.82 USD per barrel) to 71.44 USD per barrel as on Fri. Previous day close was 70.62.

๐Ÿ‡บ๐Ÿ‡ธ 10-Yr Treasury Note is up by 1.1% (0.04 basis points) to 3.77 coupon rate as on Fri. Previous day close was 3.73.

โ‚ฟ Bitcoin is up by 3.25% (830.62 USD) to 26,350.25 USD as on Fri. Previous day close was 25,519.63.

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