📊 Market Snapshot — Thu 28 May
| Market | Key Levels | Day Change | Outlook |
| 🇺🇸 Wall Street | S&P 7,564, Nasdaq 26,917 | +0.51% | 🟢 Bullish |
| 🌏 Asia Pacific | Nikkei 64,693, HSI 24,988 | -1.11% | 🔴 Bearish |
| 🇪🇺 European Markets | DAX 18,969, FTSE 10,426 | -0.20% | 🟡 Cautiously Bearish |
| 💵 US Dollar | vs majors avg -0.33% | -0.33% | 🟡 Cautiously Dollar Weakness |
| 🪙 Gold | $4,527.30/oz | -0.11% | 🟡 Cautiously Profit-Taking |
| 🛢️ Crude Oil | $88.53/bbl | -0.42% | 🟡 Cautiously Demand Concerns |
| ₿ Bitcoin | $73,822 | -0.69% | 🔴 Risk-Off |
| 📈 US 10Y Treasury | 4.46% yield | -0.58% | 🔴 Yields Falling |
🇺🇸 Daily Market Recap — U.S. Markets
On Thursday, May 28, U.S. benchmark indices posted gains, with the Nasdaq leading the charge, climbing 0.91% to close at 26,917.47. The S&P 500 also advanced by 0.58% to 7,563.63, while the Dow Jones Industrial Average edged up a modest 0.05% to 50,668.97. The broader market’s upward momentum was supported by a robust increase in U.S. Durable Goods Orders for April 2026, which surged to 7.9% from a previous 0.8%. This positive economic data provided a boost to investor sentiment, despite an uptick in the VIX, which rose by 2.64% to 16.72, indicating a slight increase in market volatility.
Among individual stocks, Snowflake Inc. (SNOW) emerged as a notable gainer, soaring 36.48% on the day. This significant rise contributed to the upbeat performance of the tech-heavy Nasdaq. Conversely, Photronics Inc. (PLAB) saw a sharp decline of 36.42%, weighing on the semiconductor sector. The mixed performance of individual stocks reflects the broader market’s cautious optimism amid varying economic signals. The U.S. Personal Consumption Expenditures Price Index, excluding food and energy, reported a monthly increase of 0.3%, aligning with expectations and suggesting a steady inflationary environment.
Looking ahead, market participants will be closely monitoring upcoming economic indicators and corporate earnings reports to gauge the sustainability of the current market rally. The recent increase in U.S. Initial Jobless Claims to 215.0 points, up from 209 points, may also influence investor sentiment in the near term. As Wall Street navigates these mixed signals, the focus will remain on economic resilience and corporate performance to sustain the positive momentum.
🏆 Wall Street Movers
Top two gainers in the last trading session include Snowflake Inc. (SNOW), surged 36.48% to while Braiin Limited (BRAI), surged 26.60% to .
Losers include Photronics, Inc. (PLAB), erasing 36.42% to and Everpure, Inc. (P), erasing 14.81% to .
Elsewhere, most active counters were ONDS, NVDA, NOK.
🌏 Asia & Europe
Asian markets broadly experienced declines on Thursday, with the Hang Seng Index falling by 1.35% to close at 24,987.55, and the Nikkei 225 decreasing by 0.47% to 64,693.12. The Shanghai Composite Index also saw a significant drop of 1.62%, ending the session at 4,085.36. The downward trend across these indices occurred amid a lack of specific regional economic catalysts, suggesting that investor sentiment may have been influenced by broader market dynamics or external factors not explicitly detailed in today’s economic events.
In Europe, major exchanges exhibited mixed performances. The FTSE 100 in the UK declined by 0.75% to 10,425.96, while the CAC 40 in France slipped by 0.39% to 8,175.82. Conversely, Germany’s TecDAX rose by 0.51% to 4,088.47, and the SDAX gained 0.21% to 18,969.24. The Euro Stoxx 50 saw a slight decrease of 0.22%, closing at 6,056.89. The absence of significant economic events in the region today leaves the reasons for these movements open to interpretation, with no single factor clearly driving the market directions.
💵 Forex Markets
| Performance after Thu 28 May | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| 🇪🇺 🇺🇸 EURUSD | -0.03% | +0.19% | -0.90% | 1.16240 | ▼ |
| 🇬🇧 🇺🇸 GBPUSD | -0.13% | +0.00% | -1.27% | 1.34270 | ▼ |
| 🇺🇸 🇯🇵 USDJPY | +0.14% | +0.20% | +1.88% | 159.51000 | ▲ |
| 🇺🇸 🇨🇦 USDCAD | -0.43% | +0.14% | +1.93% | 1.37800 | ▼ |
| 🇦🇺 🇺🇸 AUDUSD | +0.36% | +0.18% | -0.86% | 0.71630 | ▲ |
| 🇳🇿 🇺🇸 NZDUSD | +1.11% | +0.89% | -0.10% | 0.59010 | ▲ |
| 🇺🇸 🇨🇭 USDCHF | -0.38% | +0.27% | +0.73% | 0.78380 | ▼ |
🌐 Other Markets
🪙 Gold is down by 0.11% (5.10 USD an ounce) to 4,527.30 USD an ounce as on Thu. Previous day close was 4,532.40.
🪨 Silver is up by 0.00% (0.00 USD an ounce) to 75.92 USD an ounce as on Thu. Previous day close was 75.91.
🛢️ Crude Oil is down by 0.42% (0.37 USD per barrel) to 88.53 USD per barrel as on Thu. Previous day close was 88.90.
₿ Bitcoin is down by 0.69% (510.73 USD) to 73,822.21 USD as on Thu. Previous day close was 74,332.94.