| | Welcome to the Stock Dork Cheat Sheet; your go-to guide for all the most important stock market news and analysis. Happy Tuesday! It's May 31st. The market was closed yesterday for the Memorial Day holiday. We hope you had a good long weekend! Here's what's going on in the market this week: |
After seven straight weeks of losses, marking the longest losing streak since 2001, US markets logged much needed gains last week. The sudden turnaround came just in time, as the S&P 500 nearly entered a bear market last week. U.S. stock futures were in slight decline ahead of the opening bell. In the pre-market session, futures for the Dow were down 0.41%, S&P 500 futures saw losses of 0.42%, and Nasdaq futures slipped just over .10%. |
| ð | NASDAQ | 12,681.42 | +7.15% | | ð | S&P | 4,158.23 | +6.58% | | ð | DJIA | 33,212.97 | +6.24% | | ð | GOLD | $1,852 | -0.59% | | ð | WTI CRUDE OIL | $118.85 | +6.47% |
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These kinds of stocks can offer a great starting point for new traders and there are plenty of options at this price point in every trading exchange. Buy right now, and you never know the gains you might be able to make. |
- Salesforce Inc. (CRM) PM
- HP (HPQ) PM
- Veeva Systems (VEEV) Wed / PM
- MongoDB (MDB) Wed / PM
- Hewlett Packard (HPE) Wed / PM
- GameStop (GME) Wed / PM
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Monday, May 30 Tuesday, May 31 - S&P Case-Shiller national home price index (year-over-year) [March]... 9a
- FHFA national home price index (year-over-year) [March] ... 9a
- Chicago PMI [May] ... 9:45a
- Consumer confidence index [May] ... 10a
Wednesday, June 1 - S&P Global U.S. manufacturing PMI (final) [May] ... 9:45a
- ISM manufacturing index [May] ... 10a
- Job openings [April] ... 10a
- Quits [April] ... 10a
- Construction spending [April] ... 10a
- Beige book... 2p
- Motor vehicle sales (SAAR) [May] ... varies
Thursday, June 2 - ADP employment report [May] ... 8:30a
- Initial jobless claims ... 8:30a
- Productivity revision (SAAR) [Q1] ... 8:30a
- Unit labor costs revision (SAAR) [Q1] ... 8:30a
- Core capital goods orders revision [April] ... 10a
- Factory orders [April] ... 10a
Friday, June 3 - Nonfarm payrolls [May] ... 8:30a
- Unemployment rate [May] ... 8:30a
- Average hourly earnings [May] ... 8:30a
- Labor-force participation, ages 25-54 [May] ... 8:30a
- S&P Global U.S. services PMI (final) [May] ... 9:45a
- ISM services index [May] ... 10a
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