Company / Analytics

Analytics, 28 May 2022

Week 21 in Brief

North America

U.S. stocks closed sharply higher on Friday, with the major benchmarks booking weekly gains, after data showed U.S. households boosted spending for a fourth straight month, though they reached deeply into savings to do so. Meanwhile, the Federal Reserve’s preferred measure of inflation eased in April. The data, alongside some strong earnings, has pushed shares of retailers sharply higher.

How did the major indices perform?

What drove the US market?

Which US stocks were in focus Friday?

How did the European markets perform?

How did Asian markets perform?

Asian, the Shanghai Composite closed 0.2% higher Friday but slid 0.5% for the week. Hong Kong’s Hang Seng Index rose 2.9% Friday, but remained down 0.1% for the week. Japan’s Nikkei 225 index ended 0.7% higher Friday, booking a weekly gain of 0.2%.

Bonds and Commodities


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