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US Markets At Open | S&P 500, Nasdaq 100 open flat; these are the other highlights👇

🇺🇸 StockMarkets
+0.3%
-0.03%
S&P500 +0.2%

Dow registers 8th winning day & best week of 2024 as it gains 2.2% 👏

Goldman Sachs +3.8% , reaches all-time high
👍 Gains for 4th straight week. climbing 17%
🏋️‍♂️ Dow is +1045 pts in past 4 weeks, GS has accounted for 1/3rd of Dows gains

Chinese electric vehicle Zeekr marks a strong debut
🏎 Stock +32% above its initial public offering price of $21

Fed SPEAK 🤔
Federal Reserve regional presidents Neel Kashkari of Minneapolis & Austan Goolsbee of Chicago said they are in ‘wait-and-see mode’ on interest rates

Economic Data
👉 Preliminary May reading for University of Michigan’s consumer sentiment index came in at 67.4 vs estimate of 76. Lowest reading in about six months
👉 1 year inflation expectation climbed to 3.5% from 3.2%.

Key data is next week 👇
CPI - Consumer price index
PPI - Producer price index
Retail sales data

Other Asset Classes
💲 Dollar Index at 105.3
⛽️ Brent Crude at 82.8$/barrel
🪙 Gold at $ 2365/ounce
🩶 Silver at $ 28.3/ounce
💸 Bitcoin at 60768$

Market Alert | Crypto: Bitcoin down 20%
Market Alert | Oil: Brent Crude down 4.2% in May so far
Market Alert | Gold at a 2-week high
Market Alert | Asia: NIKKEI up 0.4%; KOSPI added 0.5% on Friday

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