📊 Market Snapshot — 12–16 Apr

🇺🇸 Weekly Market Recap — U.S. Markets

Wall Street experienced a positive trajectory this week, with US benchmark indices posting gains across the board. The Dow Jones Industrial Average climbed by 1.79% to close at 49,447.43, while the S&P 500 rose by 1.20% to 7,126.06. The Nasdaq Composite also advanced, albeit at a more modest pace, increasing by 1.52% to 24,468.48. This upward movement was supported by a decrease in the U.S. Producer Price Index (PPI), excluding food and energy sectors, which fell to 3.8% in March from 3.9% in February, suggesting a potential easing of inflationary pressures.

Among individual stocks, MAAS stood out as a notable gainer, surging by 31.55%, reflecting strong investor interest. In contrast, BMI faced significant headwinds, dropping by 24.13%, making it one of the week’s largest decliners. The broader market sentiment remained optimistic despite a slight uptick in the VIX, which edged up to 17.97, indicating a modest increase in market volatility. The bond market saw a decline in the 10-year Treasury yield, which fell by 1.46% to 4.246, further supporting the equity market’s upward momentum.

Looking ahead, market participants will closely monitor upcoming economic data releases and central bank communications for further insights into the economic landscape. With the Bank of England Governor Andrew Bailey scheduled to speak and China’s GDP figures already released, traders will be keen to assess any potential impacts on global economic growth and market dynamics. As the week unfolds, these developments will likely shape investor sentiment and risk appetite.

🏆 Wall Street Movers

Top two gainers in the last trading session include Highest Performances Holdings Inc. (MAAS), surged 31.55% to while MaxLinear Inc (MXL), surged 12.51% to .

Losers include Badger Meter Inc (BMI), erasing 24.13% to and PBF Energy Inc (PBF), erasing 12.83% to .

Elsewhere, most active counters were NVDA, NFLX, INTC.

🌏 Asia & Europe

Asian markets broadly experienced a downward trend this week, with the Nikkei 225 declining by 1.75% to close at 58,475.9 and the Hang Seng Index falling by 0.99% to 26,133.89. The Jakarta Composite Index, however, bucked the regional trend with a modest gain of 0.20%, ending the week at 7,636.887. The mixed performance across the Asia-Pacific session came amid a backdrop of economic data releases from China, where GDP growth for the quarter was reported at 1.2%, alongside a 6.3% increase in industrial production over the past year. Retail trade turnover in China also showed a 2.8% year-on-year rise, which provided some positive signals amid broader market caution.

In Europe, major exchanges saw a generally positive week, with the FTSE 100 advancing by 0.73% to 10,667.63 and the CAC 40 rising by 0.31% to 8,287.92. The TecDAX was among the notable movers, gaining 0.83% to reach 3,683.41, reflecting a robust performance in the technology sector. The DAX also posted a gain of 0.35%, closing at 24,238.85. The upward momentum in European markets was not directly attributed to any specific economic events from the region, suggesting a steady investor sentiment. Overall, the European indices managed to sustain growth despite the lack of significant regional economic catalysts during the week.

💵 Forex Markets

🌐 Other Markets

🪙 Gold is up by 0.85% (41.10 USD an ounce) to 4,849.40 USD an ounce as on Fri. Previous day close was 4,808.30.

🪨 Silver is up by 2.82% (2.22 USD an ounce) to 80.93 USD an ounce as on Fri. Previous day close was 78.71.

🛢️ Crude Oil is down by 7.86% (7.17 USD per barrel) to 84.00 USD per barrel as on Fri. Previous day close was 91.17.

₿ Bitcoin is up by 3.06% (2298.04 USD) to 77,450.03 USD as on Fri. Previous day close was 75,151.99.