TOP MARKETS NEWS: Week 05/02 – 05/08

May 2, 2022
  

Weekend 05/07 & 05/08

Biden targets GOP on inflation as prices skyrocket – axios
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export – Zerohedge
Bitcoin drops below $35,000 over the weekend, extending Friday’s losses – cnbc
Used Car Prices Are Crashing At A Near Record Pace – Zerohedge
Wall Street’s Most Accurate Analyst: “Today’s Bear Market Ends In October With The S&P At 3,000” – Zerohedge
Week Ahead: Increased Volatility Seen As Bull-Bear Equity Market Clash Continues – investing
Stocks Suffer Longest Losing Streak In 10 Years, Long-Bond Battered As Fed-Cred Crumbles – Zerohedge
Stocks could see more tumult next week, especially if bond yields continue to scream higher – cnbc

Friday 05/06

Stocks Suffer Longest Losing Streak In 10 Years, Long-Bond Battered As Fed-Cred Crumbles – Zerohedge
Stocks fall on Friday to close out tumultuous week, Dow drops for sixth straight week – cnbc
Shocking Consumer Credit Numbers: Everyone Is Maxing Out Their Credit Card Ahead Of The Recession – Zerohedge
“My Estimate Of Neutral Is 2%”: Stocks Erase All Losses After Kashkari Hints At Far Fewer Rate Hikes – Zerohedge
April Payrolls Rise More Than Expected But Wage Growth Slows And Participation Rate Drops – Zerohedge
Futures Slide Ahead Of Payrolls And Six Fed Speakers – Zerohedge
Global Grain Reserves “Extremely Low,” Will Be Depleted For Years, Warns Top Fertilizer Boss – Zerohedge
“The Market Is Softening, Full Stop”: Zillow Plunges After Company Issues Dire Housing Outlook – Zerohedge
Inflation Expectations Hit 41-Year-Highs As UMich Survey ‘Hope’ Fades During The Month – Zerohedge

 

Thursday 05/05

Business Live – guardian

Stocks making the biggest moves after hours: DoorDash, Block, Zillow and more – cnbc
Sinko De Mayo: Post-Powell Panic-Bid Hangover Prompts Panoramic Pukefest – Zerohedge
Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5% – cnbc
Biden Begins Buying Back Oil To Refill Strategic Reserve… Will Send Gas Prices Back To Record Highs – Zerohedge
10-year Treasury yield surges as high as 3.1%, hitting highest level since 2018 – cnbc
Labor Market Starts To Crack: Jobless Claims Rise To 3 Month High – Zerohedge
Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more – cnbc
Futures Slip As Traders Read Between Powell’s Lines – Zerohedge
“Everything The Fed Fears” Bank of England Hikes 25bps to 1% In 6-3 Split Vote, Warns Of UK Recession Later This Year – Zerohedge
Oil giant Shell reports highest quarterly profit since 2008 on soaring commodity prices – cnbc
World’s Largest Fertilizer Company Warns Crop Nutrient Disruptions Through 2023 – Zerohedge
European markets set to jump after Fed quashes hawkish bets – cnbc


Wednesday 05/04

Business Live – guardian
A full recap of the Fed’s rate hike and big market rally – cnbc

Stocks making the biggest moves after hours: Etsy, Booking Holdings, eBay and more – cnbc
Stocks Soar To Best Fed-Hike-Day Performance In 44 Years – Zerohedge
Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession – cnbc
Wall Street Reacts To The Biggest Fed Rate Hike In 22 Years – Zerohedge
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation – cnbc
Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more – cnbc
India Stuns Market With Surprise Rate Hike In Unscheduled Meeting Ahead Of Fed – Zerohedge
US Services Surveys Scream Stagflation: Orders Slow As Prices Surge At Record Pace – Zerohedge
ADP Signals Weakest Job Gains In April Since COVID Lockdowns – Zerohedge
Futures Rise Ahead Of Biggest Fed Rate Hike Since The Dot Com Bubble Burst – Zerohedge
European markets cautious as focus turns to Fed – cnbc
Hong Kong leads losses as Asia-Pacific stocks decline; Alibaba and Tencent shares drop more than 3% – cnbc
India’s largest-ever IPO will test foreign investor appetite – cnbc


Tuesday 05/03

Stocks making the biggest moves after hours: Airbnb, Lyft, Starbucks and more – cnbc
Airbnb beats estimates with 70% revenue growth as travel rebounds – cnbc
AMD sales jump 71%, shrugging off concerns about PC slowdown – cnbc
Bonds Bid, Stocks Skid Ahead Of Fed As US NatGas Soars To 2008 Highs – Zerohedge
Stocks rise for second straight day ahead of expected Fed hike – cnbc
D-Day Approaches: Crack Spread Soars As Diesel Market Braces For Historic Shock – Zerohedge
“The End Of Euphoria”: Earnings Season Turns Dire As Corporate Sentiment Plummets – Zerohedge
Natural gas surges as much as 9% to highest level since 2008 as Russia’s war roils energy markets – cnbc
Stocks making the biggest moves midday: Chegg, Expedia, BP and more – cnbc
US Factory Orders Surge In March (As ISM Plunges) – Zerohedge
Futures Slump As Fed’s Rate Hiking, QT-ing Meeting Begins – Zerohedge
Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate – cnbc
Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong – Zerohedge
Australia hikes its interest rate for the first time in more than a decade – cnbc
GDP Raising Questions About Health of Our Economy – wisdomtree

Monday 05/02

May-Day Mayhem: Stocks Dump’n’Pump, Bonds Blowout, & Commodities Chaotic – Zerohedge
Stocks rebound after S&P 500 hits lowest level of 2022, Nasdaq rises 1.6% – cnbc
Stocks making the biggest moves midday: Global Payments, Moderna, Activision Blizzard and more – cnbc
10-year Treasury yield tops 3% for first time since 2018 – cnbc
ISM Manufacturing Disappoints, Employment Tumbles, Inflation Shows “No Signs Of Relenting” – Zerohedge
Buyback Blackout Period Is Over, And 10 More Reasons Why Goldman Calls The End Of The Market Carnage – Zerohedge
Stocks making the biggest moves in the premarket: Activision Blizzard, Bilibili, Moody’s and more – cnbc
“That Escalated Quickly”: Mike Wilson Takes Victory Lap As Markets Crash, Sees S&P Tumbling To 3,400 – Zerohedge
Futures Struggle To Rebound With Fed Set To Hike 50 Into A Recession – Zerohedge
Key Events This Busy Week: Earnings Bonanza, ISM, And The Fed Hiking 50 Into A Recession – Zerohedge
Citi behind trade that caused brief European share plunge – cnbc
European Stocks Slammed After “Very Substantial Transaction” Sparks Nordic Markets Flash-Crash – Zerohedge
Asia-Pacific stocks mixed as data show Chinese factory activity contracted in April – cnbc
China manufacturing output drops to lowest level in 2 years – aj

 

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