TOP MARKETS NEWS: Week 05/23 – 05/29

Weekend 05/28 & 05/29

Morgan Stanley: We’re Through The Worst Of Markets Being Surprised By Inflation And Policy – Zerohedge
There won’t be a ‘v-shaped bottom’ in this market: Strategist – yahoofinance
Elon Musk Says Bill Gates’ Short Position In Tesla Has Ballooned To $1.5 To $2 Billion – Zerohedge
“We Could See A Million Layoffs Or More” – Here Comes The Job Market Shock – Zerohedge
Wall Street’s Most Bearish Analyst Points To Biggest Equity Inflow In 10 Weeks, Remains Bearish: “Fade Rallies” – Zerohedge
Week Ahead: No convincing signs yet – nordea
Stocks could build on gains in the week ahead as investors await Friday’s jobs report – cnbc


Friday 05/27

Business Live – guardian

Soaring Stocks Break 100-Year-Record Losing-Streak Amid Macro Meltdown – Zerohedge
S&P 500, Dow snap losing streaks for best week since November 2020 – cnbc
Sharp Decline In Russian Exports Could Send Oil Above $150: BofA – Zerohedge
Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more – cnbc
UMich Sentiment Tumbles Accelerates In May, Home-Buying Confidence Collapse – Zerohedge
US Savings Rate Crashes To Lowest Since Lehman, Fed’s Favorite Inflation Signal Near 40-Year Highs – Zerohedge
US Consumer Spending Holds Up as Households Dip Into Savings – Bloomberg
Ethereum Tumbles Ahead Of OpEx, Suffers ‘Merge’ Hiccup – Zerohedge
Citi Downgrades US Equities to Neutral on Recession Risk – investing
Stocks making the biggest moves premarket: Big Lots, Hibbett, Pinduoduo and others – cnbc
Futures Rise As Dip Buyers Emerge To Cap Best Week Since Mid-March – Zerohedge
Hong Kong’s Hang Seng rises 2%; Alibaba shares soar after earnings report – cnbc


Thursday 05/26

Business Live – guardian

Stocks making the biggest moves after hours: Ulta, Gap, Dell and more – cnbc
Stocks making the biggest moves midday: Twitter, Macy’s, Nvidia, Lululemon and more – cnbc
US Economy Contracted Even More Than Expected In Q1, Raising Odds Of Recession – Zerohedge
JPMorgan Says Bitcoin Is 25% ‘Undervalued’, Terra FUD Overdone – Zerohedge
Upward Pressure on Eurozone Wage Growth to Concern ECB – fitch
European stocks set for cautious open as global markets react to Fed minutes – cnbc
Asia-Pacific stocks mixed as Bank of Korea announces second straight rate hike – cnbc


Wednesday 05/25

Business Live – guardian

Twitter Spikes After Musk Boosts Equity Component To $33.5 Billion, Terminates Margin Loan – Zerohedge
Snowflake stock falls as executives forecast a narrower margin than expected – cnbc
Nvidia Plunges To One-Year Low After Slashing Q2 Outlook; Blames Russia, China – Zerohedge
Nvidia stock falls on light guidance – cnbc
Stocks Soar After Dismal Macro Data, Hawkish Fed Minutes – Zerohedge
Bernanke: Why the Fed Didn’t Act Faster to Rein In Inflation – marketwatch
Stocks rise after Fed signals further rate hikes, Dow jumps nearly 200 points – cnbc
Did The Fed Just Signal When Rate Hikes Will End? – Zerohedge
Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse – cnbc
FOMC Minutes Signal Fed Ready To Hike Above ‘Neutral’, Backs Multiple 50bps Hikes – Zerohedge
Fed minutes point to more rate hikes that go further than the market anticipates – cnbc
Stocks making the biggest moves midday: Dick’s Sporting Goods, Nordstrom, Wendy’s and more – cnbc
Nomura Warns Market “Risks Disappointment” If It Expects A ‘Fed Pause’ – Zerohedge
China Will Struggle To Reach Positive GDP This Quarter Premier Says, Warning Economy “To Some Degree” Worse Than 2020 – Zerohedge
Rates Market Starts Pricing In A Fed-Fold – Zerohedge
Global mutual funds investors could sell $350 bln worth equities this year -Barclays – reuters
US Durable Goods Orders Disappoint In April – Zerohedge
Futures Slide Before Fed Minutes, Dollar Jumps As China Lockdown Fears Return – Zerohedge
European stocks climb as markets try to bounce back from losses – cnbc
Shares in Asia-Pacific mixed as New Zealand central bank hikes rates again – cnbc

 

Tuesday 05/24

Davos day two: World ‘in trouble’ as food crisis intensifies – live updates – guardian

Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit – cnbc
Big-Tech & Bond Yields Plunge As US Macro ‘Snaps’, Gold Gains – Zerohedge
S&P 500 falls, Snap warning drags tech as Nasdaq loses 2% – cnbc
Bank of America CEO Brian Moynihan says nothing will slow U.S consumer from spending money – cnbc
Analyst Warns World Has Just ‘Ten Weeks’ Of Wheat Supplies Left In Storage – Zerohedge
No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels – cnbc
Hungary’s government gets emergency powers due to Ukraine war, PM Orban says – Reuters
Goldman, BofA Agree: Only A Fed Panic Will End This Crash – Zerohedge
Stocks making the biggest moves midday: Snap, Abercrombie & Fitch, Roblox and more – cnbc
US PMIs Disappoint In May, Signal Growing Stagflation Fears – Zerohedge
US New Home Sales Collapse In April – Zerohedge
Sales of newly built homes tumbled over 16% in April while prices soared – cnbc
The Fed Has Lost Investors’ Confidence: Bill Ackman Explains What Powell Needs To Do Next – Zerohedge
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation – cnbc
Futures Slide As Snap Forecast Steamrolls Rebound Optimism – Zerohedge
Snap’s warning sends shock across digital advertising as investors flee social media stocks – cnbc
Asia stocks slip with U.S. futures, euro holds gains – Reuters
Chinese stocks little changed as investors weigh possible U.S. tariff cut on China goods – cnbc


Monday 05/23

Business Live – guardian

Snap CEO warns company will miss revenue and earnings estimates, plans to slow hiring – cnbc
Zoom pops 16% on first-quarter earnings beat and strong guidance – cnbc
‘Dimon’-Hands Lift Stocks; Bonds, Bitcoin, & Dollar Dumped – Zerohedge
S&P 500 rises more than 1%, Dow adds 600 points as stocks try to recover from sharp sell-off – cnbc
Stocks making the biggest moves midday: JPMorgan Chase, Gap, VMWare & more – cnbc
Too Early To Get Bullish: Mike Wilson Sees S&P Tumbling To 3400 In Less Than Three Months – Zerohedge
Euro climbs as ECB eyes rate hikes, dollar slides – Reuters
Bitcoin could fall to $8,000, a more than 70% plunge, Guggenheim’s Minerd says – cnbc
Key Events This Week: Global PMIs, US Durables and PCE – Zerohedge
2022 Has Been The Worst Year Ever For Hedge Funds, Who Are Now Massively Shorting To Chase Stocks Lower – Zerohedge
An Important Shift in Consumption Preferences? – wisdomtree
Stocks making the biggest moves in the premarket: Electronic Arts, VMWare, GameStop and more – cnbc
Futures Jump After Biden Says Trump’s China Tariffs Under Consideration – Zerohedge
Citi CEO Jane Fraser is convinced Europe will fall into a recession – cnbc
Americans Have Lost $20 Trillion Since The Start Of 2022 – Zerohedge
European Stock Futures Higher; German Ifo Index Due – investing
Asia stocks weighed by inflation concerns, China tech selling – investing
Hong Kong’s Hang Seng falls as tech stocks slide; Xpeng shares plunge ahead of earnings – cnbc
Record Rate Cut Shows Beijing Pursues Shock-and-Awe – Zerohedge
Chinese Government Commits to 33-Point Fiscal Stimulus Package – yahoofinance