Daily Market Analysis page 11

Key events: USA - Average Hourly Earnings (MoM) (May) USA - Nonfarm Payrolls (May) USA - Unemployment Rate (May) The S&P 500 paused on Tuesday but remained near record highs as investors assessed signs of a cooling labor market, just a day before the critical monthly US jobs report. The Dow…

Key events: Eurozone - Deposit Facility Rate (Jun) Eurozone - ECB Interest Rate Decision (Jun) USA - Initial Jobless Claims Eurozone - ECB Press Conference The S&P 500 and Nasdaq reached new record highs on Wednesday, driven by Nvidia's strong performance in the tech sector and declining…

Key events: USA - Nonfarm Employment Change (May) USA - S&P Global Services PMI (May) Canada - BoC Interest Rate Decision USA - ISM Non-Manufacturing PMI (May) USA - ISM Non-Manufacturing Prices (May) USA - Crude Oil Inventories The Dow closed higher on Tuesday as a significant drop in job…

Key events: USA - JOLTs Job Openings (Apr) The Dow closed lower on Monday, driven by a decline in energy stocks due to falling oil prices and weaker manufacturing data indicating a slowing economy. The 30-stock Dow Jones Industrial Average fell by 115 points, or 0.5%, although it ended well above…

Key events: USA - S&P Global US Manufacturing PMI (May) USA - ISM Manufacturing PMI (May) USA - ISM Manufacturing Prices (May) The Dow Jones Industrial Average surged nearly 580 points on Friday as investor optimism improved following a sharper-than-expected decline in the US Personal…

Key events:  Eurozone - CPI (YoY) (May) USA - Core PCE Price Index (MoM) (Apr) USA - Core PCE Price Index (YoY) (Apr) USA - Chicago PMI (May) Canada - GDP (QoQ) (Q1) The S&P 500 closed lower on Thursday, pulled down by a drop in technology stocks, particularly Salesforce, and cautious…

Key events: USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Crude Oil Inventories USA - FOMC Member Williams Speaks The Dow closed sharply lower on Wednesday, influenced by rising Treasury yields and weakness in industrial stocks, particularly airlines, which dropped significantly due to…

Key events: USA - FOMC Member Williams Speaks USA - Beige Book Tuesday saw the Nasdaq reaching a historic high, surpassing the 17,000 mark for the first time ever. However, the index relinquished some of its gains later in the session as Apple's rally waned, though the strength in Nvidia helped…

Key events: USA - FOMC Member Bowman Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks USA - CB Consumer Confidence (May) USA - FOMC Member Daly Speaks US stock index futures saw a slight rise in evening trading on Monday, with the market's attention focused on upcoming key…

Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's Lane Speaks USA - FOMC Member Williams Speaks US stocks bounced back on Friday after sharp losses the previous day, fueled by news of an improving consumer outlook on inflation. This rally led the Nasdaq to its fifth consecutive week of…

Key events: UK - Core Retail Sales (MoM) (Apr) Eurozone - ECB's Schnabel Speaks Canada - Core Retail Sales (MoM) (Mar) USA - Durable Goods Orders (MoM) (Apr) USA - Fed Waller Speaks  USA - Michigan Consumer Sentiment (May) The S&P 500 closed lower on Thursday as increasing Treasury yields,…

Key events:  USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (May) USA - S&P Global Services PMI (May) USA - New Home Sales (Apr) The S&P 500 ended Wednesday in the red, falling from its recent record high as investors processed the Federal Reserve's May meeting…