Monday, June 5, 2023

Market Recap - May 30- June 2, 2023

June 2, 2023


The US equities finished the week with a two-day consecutive rally.  

  • DIA +2.15%  QQQ +.75%  SPY +1.45%

The stock rally is attributable to strong Non-Farm Payrolls for May increased by 339k better than 190k Dow Jones expectations  May NFP .  


The Technology sector continues to print 52 weeks high

  •  NFLX -.66%, MSFT +.85%, META 0%

It's noticeable today that the Dow Jones / Industrial sectors have finally bounced after weeks of weakness or lagging behind the Nasdaq & S&P 500.























Notable Earnings Mover:

LULU post Q1 earnings result






May 31, 2023


The major US stock benchmarks/ indices took a breather today, the last trading of the month of May, even the technology sectors pulled back today after a day of massive run-up because of NVDA blowout earnings result and AI guidance.

  • DIA -.30%  SPY -.55%  QQQ -.57%












Notable Earnings Mover:



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