market wrap 05.18.23

China, and the long-term challenge Beijing poses to Britain’s wellbeing, was another issue that was a central feature of Liz Truss’s global outlook. Story in The Telegraph

Democrats and Republicans are racing to resolve a political emergency. Story in The Washington Post.

Mohamed El-Erian says the discord between the Fed and investors may be turbulent for the market. Story in Markets Insider

The DOW closed at 33,535.91 – up 115.14

The S&P 500 closed at 4,195.05 – up 39.28

The S&P 1500 closed at 954.95 – up 8.93

The NASDAQ-100 closed at 13,834.62 – up 245.35

The Russell 2000 closed at 1,785.46 – up 10.96

The VIX closed at 16.17 – down 0.70

Apple (AAPL) closed at 175.05 – up 2.36

Caterpillar (CAT) closed at 214.72 – up 2.62

Micron Technology (MU) closed at 67.57 – up 2.65

Energy Transfer (ET) closed at 12,72 – up 0.19

Occidental Petroleum (OXY) closed at 58.25 – down 0.67

Palatir (PLTR) closed at 11.74 – up 1.49

September WTI closed at 71.74 – down 0.74

October WTI closed at 71.37 – down 0.73

market chart

July Corn closed at 555’2 – down 6’2

July Wheat closed at 611’6 – down 13’6

July Soybeans closed at 1333’2 – down 3’6

August Soybeans closed at 1269’4 – down 5’2

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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