Home » Stock Market Today (May 2): DAX decreased its value by -1.13% and Canadian S&P/TSX -0.34%
Global Markets have been bashful this session. On average all major indexes signed a 0.09% variation. Today the market was closed for Shanghai, Hang Seng and IDX Composite.
In general the majority of the Analysts for Global Major Indexes felt aNeutral market sentiment for the short term with a preponderance of Neutral. The same analysis performed for the Medium Term and Long Term revealed respectively Strong Selland Strong Sell.
Let’s analyze in detail the major indexes for American, European and Asia & Pacific Markets.
US Major Indices closed with a above the expectations result with the majority of the indexes in green. On average in the market session of today, US Major Indices gain 613.67 points. Performing a comparison among the major marketplaces, the American Market Outperformed the European and Followed the Asia & Pacific market.
Lastly, the Index for the Small Cap (Small Cap 2000) surged in today’s session, its value is 1877.76. Today has decreased by 0.0073 or 13.65 points. Its performance this year registered a variation of-0.1637.
Remaining in the Americas, the Canadian S&P/TSX Index, in today’s session moved by -0.0034 or -69.78 points. It brings the Index to be traded at 20692.22. S&P/TSX Year to Date Yield is below zero recording a movement of -0.025.
Moving to European Major Indices, the last session has shown a European Market dismal. The majority of the indexes are red. The sum during the last market session of the European Major Indices brings the total to loss: -860.24 points. On average European Markets Followed the American Market and Followed the Asian one.
French CAC 40 decreased in today’s session to 6425.61 with a daily variation of -0.0166 or -108.16 points. Also CAC 40 performance this year has been downbeat since it dropped give or take -0.1017.
The Iberic Ibex35 from Spain, decreased, its value moved during the last session of -0.0173 or -148.2 points. YTD results for Ibex have shown a development of its value till -0.0319.
Euro Stoxx 50, the index created in 1998 to regroup the Major Companies and now traded in several currencies (USD-JPY-EUR-GBP), today decreased its yield. The European Index Basket is now traded at 3732.44 points. The latest variation of -0.0185 or -70.42 points. This latest up and down adds to a downbeat trend registered from the beginning of the year. YTD is indeed -0.1317.
Coming to Bel Paese (Italy), FTSE ALL SHARE followed the colleagues. During this session it decremented to 26103.23 with a variation of -410.01 points or -0.0155. Also for this index the YTD performance has seen a drop of -0.1282.
Last but not least for the European Team, we have the United Kingdom. The FTSE 100 indeed reported an Increment in today’s session and experienced a variation of its value by 0.0047 being traded now at 7544.55. The session registered a variation of 35.36 points. The future based on the past is optimistic with its Year-to-date value hike of 0.0217.
Asia and Pacific Major indices closed with a above the expectations result with the majority of the indexes in green. On average during the last market session, Asia & Pacific Indices lost around 30 points. In the usual comparison among the Major Indices, the Asian Market underperformed compared to the American and the European Market.