It was a mixed week for US equity indexes, with net weekly changes ranging from +2.5% (Nasdaq comp'), +0.3% (SPX), +0.02% (R2K), -0.04% (Trans), -1.0% (Dow), to -1.6% (NYSE comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Three US equity indexes were net higher for the week, with three net lower.
The Nasdaq comp' was the strongest index, whilst the NYSE comp' was the laggard.
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Looking ahead
It will be a short four day trading week with Monday closed for Memorial day.
Earnings:
M - *CLOSED*
T - HPE, HPQ, BOX, AMBA
W - CPRI, CRWD, CRM, AI, OKTA, CHWY, JWN, VEEV, NTAP, PVH
T - DG, M, BILI, HRL, LE, DLTH, ZS, AVGO, LULU, CHPT, DELL, FIVE
F -
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Econ-data/events
M - *CLOSED*
T - Case-Shiller HPI, consumer con'
W - ADP jobs, JOLTS, Fed Beige book (2pm)
T - Weekly jobs, productivity/costs, construction, EIA Pet'
F - Monthly jobs
*As Wednesday is end month, I'd expect more dynamic price action on higher vol'.
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For details and the latest offers, see: https://www.tradingsunset.com
Enjoy the long weekend
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*the next post on this page will likely appear 4.20pm EST on Tuesday May 30th.
