Weekly Market Drivers | LPL Financial Research

Second Quarter Kicks Off With Flowers, Not Showers.

US: S&P 500 Index +2.1%, Dow +1.9%, Nasdaq +2.7%
Europe: STOXX Europe 600 +2.4%, German DAX +4.2% France CAC 40 +2.4%, U.K. FTSE 100 +1.7%
Asia: Japan Nikkei +2.8%, China Shanghai Composite +5.0% Korea KOSPI +3.2%
Rates/Commodities: 10-Year Treasury yield +9 basis points to 2.49%, WTI crude oil +3.2%, COMEX gold: -0.0%

Global equities got off to a strong start in the second quarter, so far continuing the seasonal trend we’ve seen in April in recent years. Renewed U.S.-China trade optimism, (relatively) upbeat economic data, and some easing of the yield curve inversion provided support. Continue reading