🗞️ Weekly Market Recap (24–28 May) | Inflation data steadies Wall Street’s course

📊 Market Snapshot — 24–28 May

🇺🇸 Weekly Market Recap — U.S. Markets

This past week, Wall Street exhibited a mixed performance as investors navigated through a series of economic data releases and corporate earnings. The Dow Jones Industrial Average posted a gain of 0.72%, closing at 51,032.46, while the S&P 500 edged up by 0.22% to settle at 7,580.06. The tech-heavy Nasdaq also saw a modest increase of 0.20%, ending at 26,972.62. Despite these gains, the Russell 2000 experienced a slight decline of 0.59%, reflecting some hesitancy among investors in smaller-cap stocks. The volatility index, VIX, rose slightly by 0.32% to 15.79, indicating a cautious sentiment in the market.

Among individual stocks, Snowflake Inc. (SNOW) stood out as a notable gainer, surging by 36.48% over the week. This significant rise can be attributed to strong quarterly earnings that exceeded market expectations. On the other hand, Photronics Inc. (PLAB) faced a sharp decline, plummeting by 36.42%, as investors reacted to disappointing financial results. Economic data from the U.S. showed a steady PCE Price Index, excluding food and energy, which increased by 0.3%, suggesting moderate inflation pressures. Additionally, the U.S. Housing Price Index for February 2026 remained unchanged at 0.1%, indicating a stable housing market.

Looking ahead, investors will be closely monitoring upcoming economic indicators and corporate earnings reports for further insights into the market’s direction. The stability in the Reserve Bank of New Zealand’s interest rate decision, maintaining the rate at 2.25%, reflects a cautious approach in the current economic climate. As market participants digest these developments, attention will likely turn to the upcoming U.S. employment data, which could provide further clues on the health of the labor market and its potential impact on monetary policy.

🏆 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 gains over the week, with the Nikkei 225 rising by 2.53% to close at 66,329.5. The Hang Seng Index also saw an increase, advancing 0.60% to 25,157.18. The upward momentum in the Asia-Pacific session was notable, although specific catalysts for these movements were not explicitly detailed in the regional economic events. The Jakarta Composite Index similarly posted a strong performance, climbing 1.43% to 6,217.879, reflecting a positive sentiment across the region.

Major European exchanges exhibited mixed results over the week. The FTSE 100 in the UK experienced a slight decline of 0.16%, closing at 10,409.28. In contrast, the CAC 40 in France rose by 0.56% to 8,234.69, and Germany’s DAX edged up by 0.14% to 25,128.48. Among notable movers, the SDAX increased by 0.61% to 19,206.16, while the Euro Stoxx 50 gained 0.33% to 6,075.37. The movements in these indices were not directly attributed to specific economic events in the provided data, indicating a generally stable trading environment across the continent.

💵 Forex Markets

🌐 Other Markets

🪙 Gold is up by 0.83% (37.50 USD an ounce) to 4,569.90 USD an ounce as on Fri. Previous day close was 4,532.40.

🪨 Silver is down by 0.43% (0.33 USD an ounce) to 75.58 USD an ounce as on Fri. Previous day close was 75.91.

🛢️ Crude Oil is down by 1.28% (1.14 USD per barrel) to 87.76 USD per barrel as on Fri. Previous day close was 88.90.

₿ Bitcoin is down by 0.27% (195.75 USD) to 73,329.99 USD as on Fri. Previous day close was 73,525.74.