top of page

Stock Market Update Thursday May 30, 2024

Stock Market Update Thursday May 30, 2024 Equity markets experienced another round of moderate selling pressure, with the S&P 500 index declining by two-thirds of a percent at the close of trading. Investor sentiment was dampened by disappointing financial results and a bearish outlook from software giant Salesforce, whose shares plummeted 20%, further undermining the bullish momentum in the market.


Away From Stocks: Treasury's staged a modest recovery from recent declines, with yields on the benchmark 2-year and 30-year notes settling at 4.92% and 4.69%, respectively, marking a decrease of four and five basis points on the day. The commodities market also saw notable movement, with WTI crude oil prices sliding below the $78 per barrel mark, while gold prices experienced a slight uptick to $2,342 per ounce. In the cryptocurrency sphere, Bitcoin made gains, reaching $68,200, and the CBOE Volatility Index (VIX), a measure of market volatility expectations, remained elevated just above 14.



💻Get Started at www.algotradealert.com No Credit Card Required Free Trial Premium Membership➕ Algorithm TradingView Indicator ➕ SPY Swing Trader➕ 📉 ES & NQ Futures Live Day Trading In Discord 📈

 

Want to read more?

Subscribe to algotradealert.com to keep reading this exclusive post.

留言

無法載入留言
似乎有技術問題。請重新連線或重新整理頁面。
bottom of page