Categories
Stocks

๐Ÿ—ž๏ธ U.S. Post Market and Daily Recap (Thu 06 Jul) | Things to look out.

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

๐Ÿ‡บ๐Ÿ‡ธ Dow 30 ended the day plunged -366.38 points or -1.07% lower to 33,922.26. While ๐Ÿ‡บ๐Ÿ‡ธ S&P 500 closed lower and down by -35.23 points or -0.79% to 4,411.59 and ๐Ÿ‡บ๐Ÿ‡ธ Nasdaq dropped -112.61 points or -0.82% lower to 13,679.04.

Investors seem wary as they continue to digest recent economic data of ๐Ÿ‡บ๐Ÿ‡ธ U.S. ISM Services PMI in June exceed forecast and rose to 53.9 points compared to previous figure 50.3 points in May

In the upcoming event, we may expect high volatility ahead of Nonfarm Payroll Employment to be released at 8:30am on Friday (New York Time). Economists are expecting lower forecast compared to previous report.

What happened lately

– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Job Openings and Labor Turnover Survey (JOLTS) in May below forecast and dropped to 9.8M compared to previous figure 10.103M in April.
– ๐Ÿ‡บ๐Ÿ‡ธ In the week ending 01 July, U.S. Initial Unemployment Insurance Claims rose to 248K compared to previous figure 236K (revised from 239K).
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Challenger Job Cuts in June dropped to 40.709K compared to previous figure 80.089K in May.

๐Ÿ—ž๏ธ U.S. Post Market Overview

Type Session Pct Points Last Previous Trend
๐Ÿ‡บ๐Ÿ‡ธ Dow 30 Thu -1.07% -366.38 33,922.26 34,288.64
๐Ÿ‡บ๐Ÿ‡ธ Nasdaq Thu -0.82% -112.61 13,679.04 13,791.65
๐Ÿ‡บ๐Ÿ‡ธ S&P 500 Thu -0.79% -35.23 4,411.59 4,446.82
๐Ÿ‡บ๐Ÿ‡ธ Russell 2000 Thu -1.64% -30.67 1,842.23 1,872.91
๐Ÿช™Gold Thu 0.11% 2.1 1,917.50 1,915.40
๐Ÿชจ Silver Thu 0.15% 0.04 22.93 22.89
๐Ÿ›ข๏ธCrude Oil Thu 0.1% 0.07 71.87 71.80
๐Ÿ‡บ๐Ÿ‡ธ 10-Yr Treasury Note Thu 2.43% 0.1 4.04 3.95
โ‚ฟ Bitcoin Thu -1.44% -439.72 30,044.61 30,484.33

From the US

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

๐Ÿ‡บ๐Ÿ‡ธ Dow 30 ended the day plunged -366.38 points or -1.07% lower to 33,922.26. While ๐Ÿ‡บ๐Ÿ‡ธ S&P 500 closed lower and down by -35.23 points or -0.79% to 4,411.59 and ๐Ÿ‡บ๐Ÿ‡ธ Nasdaq dropped -112.61 points or -0.82% lower to 13,679.04.

Investors seem wary as they continue to digest recent economic data of ๐Ÿ‡บ๐Ÿ‡ธ U.S. ISM Services PMI in June exceed forecast and rose to 53.9 points compared to previous figure 50.3 points in May

In the upcoming event, we may expect high volatility ahead of Nonfarm Payroll Employment to be released at 8:30am on Friday (New York Time). Economists are expecting lower forecast compared to previous report.

What happened lately

– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Job Openings and Labor Turnover Survey (JOLTS) in May below forecast and dropped to 9.8M compared to previous figure 10.103M in April.
– ๐Ÿ‡บ๐Ÿ‡ธ In the week ending 01 July, U.S. Initial Unemployment Insurance Claims rose to 248K compared to previous figure 236K (revised from 239K).
– ๐Ÿ‡บ๐Ÿ‡ธ U.S. Challenger Job Cuts in June dropped to 40.709K compared to previous figure 80.089K in May.

Wall Street Top Gainers, Losers and Active Stocks

Symbol Price Chg Pct Bias Type
DOCN 45.09 5.32 13.38% Top Gainers
JOBY 9.26 -1.43 -13.38% Top Losers
TSLA 276.54 -5.94 -2.1% Most Active
RIVN 21.62 1.19 5.82% Most Active

Elsewhere, most active counters were Tesla Inc (TSLA) 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 Thu -1.18% -88.1 7,365.00 7,453.10
๐Ÿ‡ฆ๐Ÿ‡บ S&P/ASX 200 Thu -1.24% -89.8 7,163.40 7,253.20
๐Ÿ‡ญ๐Ÿ‡ฐ Hang Seng Thu -3% -573.02 18,537.36 19,110.38
๐Ÿ‡ฒ๐Ÿ‡พ FTSE Bursa Malaysia Thu -0.28% -3.95 1,385.95 1,389.90
๐Ÿ‡ณ๐Ÿ‡ฟ NZX 50 Thu 0.17% 20.97 12,023.43 12,002.46
๐Ÿ‡ฏ๐Ÿ‡ต Nikkei 225 Thu -1.7% -565.68 32,773.02 33,338.70
๐Ÿ‡ต๐Ÿ‡ญ PSE Index Thu -0.5% -32.62 6,479.77 6,512.39
๐Ÿ‡ธ๐Ÿ‡ฌ Straits Times Index Thu -1.1% -34.95 3,150.43 3,185.38
๐Ÿ‡ฎ๐Ÿ‡ณ NIFTY 50 Thu 0.51% 98.8 19,497.30 19,398.50
๐Ÿ‡จ๐Ÿ‡ณ SSE Composite Thu -0.54% -17.37 3,205.58 3,222.95

๐ŸŒ From Asia and Europe

From Japan, ๐Ÿ‡ฏ๐Ÿ‡ต Nikkei 225 ended Thursday trading session down by -1.7% (-565.68 points) lower to 32,773.02. Previous day close was 33,338.70.

In the recent economic data, ๐Ÿ‡ฏ๐Ÿ‡ต Japan Labor Cash Earnings (12-mth) in May exceed forecast and rose to 2.5% compared to previous figure 1% in April.

From Europe, ๐Ÿ‡ฉ๐Ÿ‡ช DAX ended Thursday trading session down by -2.61% (-416.27 points) lower to 15,521.31. Previous day close was 15,937.58.

Data from Europe reported ๐Ÿ‡ช๐Ÿ‡บ Euro Area Retail Trade Turnover (12-mth) in May unchanged at -2.9% compared to previous report in April. according to Eurostat.

๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 ended Thursday trading session down by -2.17% (-161.6 points) lower to 7,280.50. Previous day close was 7,442.10.

In other economic data

– ๐Ÿ‡ฉ๐Ÿ‡ช Germany Factory Orders seasonal adjustment. (1-mth) in May exceed forecast and rose to 6.4% compared to previous figure -0.4% in April.
– ๐Ÿ‡ฉ๐Ÿ‡ช Germany Factory Orders n.seasonal adjustment. (12-mth) in May below forecast and improved to -4.3% compared to previous figure -9.9% in April.
– ๐Ÿ‡ช๐Ÿ‡บ Euro Area Retail Trade Turnover (12-mth) in May unchanged at -2.9% compared to previous report in April. .
– ๐Ÿ‡ช๐Ÿ‡บ Euro Area Retail Trade Turnover (1-mth) in May unchanged at 0% compared to previous report in April. .

๐Ÿ‡ช๐Ÿ‡บ Europe and UK ๐Ÿ‡ฌ๐Ÿ‡ง

Type Session Pct Points Last Previous Trend
๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 Thu -2.17% -161.6 7,280.50 7,442.10
๐Ÿ‡ฌ๐Ÿ‡ง FTSE 250 Thu -2.3% -422.95 17,970.38 18,393.33
๐Ÿ‡ฌ๐Ÿ‡ง AIM Thu -1.56% -11.74 740.63 752.37
๐Ÿ‡ซ๐Ÿ‡ท CAC 40 Thu -3.17% -231.68 7,079.13 7,310.81
๐Ÿ‡ฉ๐Ÿ‡ช DAX Thu -2.61% -416.27 15,521.31 15,937.58
๐Ÿ‡ฉ๐Ÿ‡ช MDAX Thu -2.62% -719.79 26,712.91 27,432.70
๐Ÿ‡ฉ๐Ÿ‡ช TecDAX Thu -2.22% -70.12 3,089.71 3,159.83
๐Ÿ‡ฉ๐Ÿ‡ช SDAX Thu -1.91% -255.02 13,103.08 13,358.10
๐Ÿ‡จ๐Ÿ‡ญ Euro Stoxx 50 Thu -2.98% -129.78 4,220.93 4,350.71

๐Ÿ’ต Forex Markets

Performance after Thursday
Symbol Day Week Month Last Momentum
๐Ÿ‡ช๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ EURUSD 0.37% -0.12% -0.12% 1.08942
๐Ÿ‡ฌ๐Ÿ‡ง ๐Ÿ‡บ๐Ÿ‡ธ GBPUSD 0.33% 0.4% 0.4% 1.27440
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ฏ๐Ÿ‡ต USDJPY -0.4% -0.2% -0.2% 143.97
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ฆ USDCAD 0.65% 0.93% 0.92% 1.33650
๐Ÿ‡ฆ๐Ÿ‡บ ๐Ÿ‡บ๐Ÿ‡ธ AUDUSD -0.4% -0.47% -0.47% 0.66287
๐Ÿ‡ณ๐Ÿ‡ฟ ๐Ÿ‡บ๐Ÿ‡ธ NZDUSD -0.15% 0.54% 0.54% 0.61669
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ญ USDCHF -0.35% 0.03% 0.03% 0.89505

๐ŸŒ In Other Markets

๐Ÿช™Gold is up by 0.11% (2.1 USD an ounce) to 1,917.50 USD an ounce as on Thu. Previous day close was 1,915.40.

๐Ÿชจ Silver is up by 0.15% (0.04 USD an ounce) to 22.93 USD an ounce as on Thu. Previous day close was 22.89.

๐Ÿ›ข๏ธCrude Oil is up by 0.1% (0.07 USD per barrel) to 71.87 USD per barrel as on Thu. Previous day close was 71.80.

๐Ÿ‡บ๐Ÿ‡ธ 10-Yr Treasury Note is up by 2.43% (0.1 basis points) to 4.04 coupon rate as on Thu. Previous day close was 3.95.

โ‚ฟ Bitcoin is down by -1.44% (-439.72 USD) to 30,044.61 USD as on Thu. Previous day close was 30,484.33.

Disclaimer: We do not endorsed nor verified the posts provided by Twitter widget .

Leave a Reply

Your email address will not be published. Required fields are marked *