🗞️ Weekly Market Recap (13–17 Apr) | Inflation data steadies Wall Street’s optimism
📊 Market Snapshot — 13–17 Apr
| Market | Key Levels | Day Change | Outlook |
| 🇺🇸 Wall Street | S&P 7,126, Nasdaq 24,468 | +1.50% | 🟢 Bullish |
| 🌏 Asia Pacific | Nikkei 58,476 | -1.75% | 🔴 Bearish |
| 🇪🇺 European Markets | FTSE 10,668 | +0.73% | 🟢 Bullish |
| 💵 US Dollar | — | — | ⚫ No Data |
| ₿ Bitcoin | $74,174 | -2.05% | 🔴 Risk-Off |
| 📈 US 10Y Treasury | 4.25% yield | -1.46% | 🔴 Yields Falling |
🇺🇸 Weekly Market Recap — U.S. Markets
Wall Street closed the week on a positive note, with US benchmark indices showing notable gains. The Dow 30 rose by 1.79% to 49,447.43, while the Nasdaq climbed 1.52% to 24,468.48, reflecting a broad-based rally across the market. The S&P 500 also advanced, gaining 1.20% to settle at 7,126.06. This upward momentum came despite the absence of major economic releases, suggesting that investor sentiment was buoyed by factors outside the domestic economic calendar. Notably, MAAS emerged as a standout performer, surging 31.55%, which contributed positively to the market’s overall performance.
The broader market’s resilience was evident even as international trade data from China painted a mixed picture. China’s exports in March saw a significant decline, dropping to -0.7% from February’s 19.2%, while imports surged, indicating a shift in trade dynamics. However, these developments did not appear to weigh heavily on US markets, as the focus remained on domestic indicators. The US Producer Price Index (PPI), excluding food and energy, showed a slight decrease to 3.8% in March from 3.9% in February, suggesting a modest easing in producer price pressures. This data point may have provided some reassurance to investors regarding inflationary trends.
Looking ahead, market participants will likely keep a close watch on any emerging economic indicators or geopolitical developments that could influence risk appetite. With the current lack of major economic releases, attention may shift towards corporate earnings and any potential policy signals that could emerge in the coming weeks. As the market navigates these dynamics, the interplay between domestic economic conditions and international trade developments will remain a key area of focus.
🏆 Wall Street Movers
Top two gainers in the last trading session include Maase 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 downturn this week, with the Nikkei 225 leading the decline, closing at 58,475.9, down 1.75%. The absence of major economic releases in the region left market participants without fresh catalysts, potentially contributing to the subdued sentiment. Investors appeared cautious, possibly reassessing their positions amid a lack of new information to guide their strategies. This cautious approach was reflected in the broader Asia-Pacific session, where trading volumes remained relatively muted.
In Europe, major exchanges displayed a more positive tone, with the FTSE 100 in the UK rising by 0.73% to close at 10,667.63. This upward movement suggests a degree of resilience among European equities, despite the lack of significant economic data to drive market direction. The gains in the FTSE 100 indicate that investors may have been selectively optimistic, potentially focusing on sector-specific developments or corporate earnings reports. Nonetheless, the overall market environment remained one of cautious optimism, as traders navigated the week without significant economic announcements to influence broader market trends.
💵 Forex Markets
Forex data unavailable.
🌐 Other Markets
₿ Bitcoin is down by 2.05% (1549.40 USD) to 74,174.01 USD as on Fri. Previous day close was 75,723.41.
