📊 Market Snapshot — 19–23 Apr

🇺🇸 Weekly Market Recap — U.S. Markets

This past week, Wall Street exhibited a mixed performance as US benchmark indices navigated through a landscape devoid of major domestic economic releases. The Nasdaq surged by 1.63% to close at 24,836.598, buoyed by strong performances in the technology sector, with Texas Instruments (TXN) notably gaining 19.43%. Meanwhile, the S&P 500 also posted a positive return, advancing by 0.80% to 7,165.08, reflecting a broader market optimism. In contrast, the Dow Jones Industrial Average saw a slight decline of 0.16%, settling at 49,230.71, indicating some divergence in investor sentiment across different market segments.

The broader market’s direction this week was influenced by international economic developments rather than domestic catalysts. Notably, the unchanged Loan Prime Rate in China at 3% provided some stability to global markets, while Germany’s Producer Price Index showed signs of improvement, which may have contributed to a positive sentiment spillover. However, the absence of significant US economic data left investors without clear domestic cues, leading to a focus on corporate earnings and individual stock movements. Amidst this backdrop, Avis Budget Group (CAR) emerged as a significant loser, plummeting by 48.38%, which weighed on the market’s overall performance.

Looking ahead, market participants will likely turn their attention to upcoming international economic indicators and corporate earnings reports for further guidance. With the current lack of major US economic data, global developments and individual stock performances are expected to continue playing a crucial role in shaping investor sentiment and market direction in the near term. As traders in Southeast Asia monitor these dynamics, the interplay between global economic signals and US market reactions will be pivotal.

🏆 Wall Street Movers

Top two gainers in the last trading session include United Rentals, Inc. (URI), surged 22.92% to while Texas Instruments Incorporated (TXN), surged 19.43% to .

Losers include Avis Budget Group, Inc. (CAR), erasing 48.38% to and Medpace Holdings, Inc. (MEDP), erasing 22.63% to .

Elsewhere, most active counters were NOK, QS, INTC.

🌏 Asia & Europe

Asian markets broadly experienced a positive week, with the Nikkei 225 rising by 0.97% to close at 59,716.18. This upward movement was observed despite the absence of significant economic releases in the region, indicating a resilient sentiment among investors. The gains in the Nikkei 225 suggest a continued confidence in the Japanese market, although the specific drivers behind this optimism remain unreported in the current data set. Overall, the Asia-Pacific session demonstrated stability, with investors seemingly unfazed by the lack of new economic data.

In contrast, major European exchanges faced a more challenging week, with the FTSE 100 declining by 0.75% to settle at 10,379.08. The downturn in the UK index highlights a cautious mood among European investors, although no explicit economic events were reported to have influenced this movement. The absence of major economic releases leaves the decline in the FTSE 100 unexplained by available data, suggesting that market participants may be reacting to broader, unspecified factors. As such, European markets exhibited a more subdued performance compared to their Asian counterparts.

💵 Forex Markets

Forex data unavailable.

🌐 Other Markets

🪙 Gold is up by 0.03% (1.40 USD an ounce) to 4,725.40 USD an ounce as on Fri. Previous day close was 4,724.00.

🪨 Silver is up by 0.24% (0.18 USD an ounce) to 75.69 USD an ounce as on Fri. Previous day close was 75.50.

🛢️ Crude Oil is down by 1.01% (0.97 USD per barrel) to 94.88 USD per barrel as on Fri. Previous day close was 95.85.

₿ Bitcoin is down by 0.85% (668.71 USD) to 77,609.95 USD as on Fri. Previous day close was 78,278.66.