Saturday, 10 May 2025

Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from -0.5% (SPX), -0.3% (Nasdaq comp', NYSE comp', Trans), -0.2% (Dow), to +0.2% (R2K).

Lets take our regular look at six of the main US indexes (monthly charts for perspective)

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Five US equity indexes were net lower for the week, with one net higher.

The SPX was moderately lower, whilst the R2K was marginally higher.

More broadly, all six US equity indexes are trading under their respective monthly 10MA, and have negative monthly price momentum.

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Looking ahead

Earnings:

M - $MNDY $SRAD $RMTI $NRG $FOXA $CHGG $CTMX $SDRL $OGI $CEPU $RGTI $PLUG $ASTS $ACHR $PNNT $HTZ $BLNK $PBR $MVST $SMR

T - $JD $SE $CYBR $HMC $LUNR $UAA $LSTR $ONON $CAMT $HUYA $KRMN $NU $OKLO $GRAL $GEVO $SURG $EXEL $CAPR $ASM $VXRT

W - $SPRY $SONY $DT $STRR $TCEHY $NEON $INVZ $SRRK $SDHC $SOWG $CSCO $IREN $CRWV $TMC $NXT $LAZR $CSWC $SBLK $JACK $FVR

T -$BABA $WMT $GAMB $DE $MRX $ZK $REE $CSIQ $BRAG $IVVD $AMAT $CAVA $DOCS $TTWO $SPCE $KORE $GLOB $KULR $BAP $XPON

F - $CDRO $FLO $YSG $BRC $RBC $MHH

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Econ-data/events

M - US T-budget (2pm)

T - CPI

W - EIA Pet' (10.30am)

T - PPI, weekly jobs, retail sales, Empire state manu', Phil' Fed' manu', indust' prod', busi' invent, home builder conf'

F - import prices, housing starts, building permits, consumer sent'. *OPEX*

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Have a good weekend
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*the next post on this page will likely appear... unknown.