📈 American indices ended the week mainly with growth. The S&P 500 added 0.4%, the Nasdaq rose 1.6%, and the Dow Jones fell 0.3%. Wall Street is holding steady even with rising US Treasury yields and strong labor market data, although higher inflation and interest rates from the US Federal Reserve remain on the horizon.
📉 Asian markets suffered losses. MSCI AC Asia ex Japan Index lost 1.2%, Nikkei fell 2.8%, Kospi - 2.3%, STI - 1.4%, Hang Seng - 1.8%. This week is for watching inflation and trade data from China and India.
🛢️ Oil prices are rising due to the conflict in the Middle East. Brent futures rose by 3.7% to $87.68 per barrel, WTI - by almost 4% to $86.05 per barrel. Uncertainty in the Middle East and concerns about oil supply led to this increase, despite the previous downtrend.
📉 Green energy stocks fall as the transition to a green economy requires more capital at high interest rates. For example, NextEra Energy and Enphase Energy cut revenue forecasts. Analysts of Bank of America consider the sell-off of these shares exaggerated.
#economy #news #S&P500 #data
📉 Asian markets suffered losses. MSCI AC Asia ex Japan Index lost 1.2%, Nikkei fell 2.8%, Kospi - 2.3%, STI - 1.4%, Hang Seng - 1.8%. This week is for watching inflation and trade data from China and India.
🛢️ Oil prices are rising due to the conflict in the Middle East. Brent futures rose by 3.7% to $87.68 per barrel, WTI - by almost 4% to $86.05 per barrel. Uncertainty in the Middle East and concerns about oil supply led to this increase, despite the previous downtrend.
📉 Green energy stocks fall as the transition to a green economy requires more capital at high interest rates. For example, NextEra Energy and Enphase Energy cut revenue forecasts. Analysts of Bank of America consider the sell-off of these shares exaggerated.
#economy #news #S&P500 #data