Major Indices ended up mixed but futures remained optimistic as market wraps up
Current performance lay in the fact that the results of the March job report went above the expectations, as well as the fact proven positive economic data.
Service sectors reached a record level, as well as the manufacturing sectors performing the best in the last decade. Investors are currently in the phase to weigh down best options regarding current economic situation. On the other hand, they are also considering the possibility of inflation due to the rapid phase of transition if the market continued to boom.
Here’s a quick overview for the market movements:
S&P 500 index went down by 0.1% or 3.97 basis points and closed with 4,074
NASDAQ Composite index slightly dropped by 0.05% or 7.21 basis points closing at 13,698
The Dow Jones Industrial Average slipped down by 0.29% or 95.96 basis points and now at 33,430
Crude Oil bumped up by 0.59% to 59.68 per barrel
Gold slumped down by 4.30 closing at 1,737.79 an ounce
10-Year Treasury yield lost 10 basis points and now at 1.65%
S&P 500 dwindled down after setting a new 52-week record yesterday. S&P futures, on the other hand, managed to gain some grounds at market close. It’s went up by 0.04% and currently at 4,065.50.
NASDAQ ended slightly lower today at market close in contrast to its outstanding performance yesterday while it led market rally. Meanwhile, NASDAQ futures went above the line just before close. NASDAQ Futures gained 0.04% and is now at 13,575.
The Dow Jones Industrial Average hovered down slightly below green line today after setting new record on market yesterday. The Dow Futures, on the other hand, stood strong and gained 0.07% at market close, ending at 33,338.
For the international market, Asian market ends mixed while major stocks dwindled down. Hong Kong’s Han Shen lost 1.12% or 324.74 basis points and at 28,614. China’s Shanghai dropped 0.10% or 3.34 basis points and closed with 3,479.60. On the other hand, Japan’s Nikkei 225 ended positively, jumping 0.12% or 34.16 basis points and closed at 29,730.79.
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