market wrap 05.26.23

Has the Bank of England lost control of inflation? Story in The Telegraph

China and the US are both putting national security above the economy. Story in Markets Insider

Has China’s Xi planned for Indo-Pacific domination? Story in The Hill

The DOW closed at 33,093.34 – up 328.69

The S&P 500 closed at 4,205.45 – up 54.17

The S&P 1500 955.54 – up 12.09

The NASDAQ-100 closed at 14,298.41 – up 359.88

The Russell 2000 closed at 1,773.02 – up 18.49

The VIX closed at 18.02 – down 1.12

Apple (AAPL) closed at 175.43 – up 2.44

Caterpillar (CAT) closed at 211.80 – up 1.82

Micron Technology (MU) closed at 73.93 – up 4.32

Energy Transfer (ET) closed at 12.65 – down 0.08

Palantir (PLTR) closed at 13.65 – up 0.81

Pioneer Natural Resources (PXD) closed at 207.93 – up 0.33

Microsoft (MSFT) closed at 332.89 – up 6.97

Snap Inc (SNAP) closed at 10.28 – up 0.50

October WTI closed at 72.32 – up 0.41

November WTI closed at 71.92 – up 0.89

market chart

July Corn closed at 604’0 – up 13’2

July Wheat closed at 616’0 – up 11’6

July Soybeans closed at 1337’2 – up 13’2

August Soybeans closed at 1261’0 – up 11’2

Published by mikebertelsen

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

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