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Evening Market Update – May 2, 2026
A historic day: Nasdaq closed above 25,000 for the first time ever (+0.89%). S&P 500 also hit a record (+0.29% to 7,230). But Dow dipped 0.31% to 49,499.
Europe mixed: Germany's DAX jumped 1.41%, while UK's FTSE 100 fell 1.16%. Asia subdued on Labour Day holiday – Japan's Nikkei +0.7%, Australia's ASX 200 snapped an 8-day losing streak (+0.9%).
Oil dropped nearly 3% to $101.94 after Iran proposed new US negotiations, easing geopolitical fears. Gold held steady near $4,628.
Key takeaway: Tech strength vs. broad market caution. All eyes on US jobs report next week.
#EveningMarkets
#NASDAQ
#OilPrice
#DAXWatch
Evening Market Update – May 2, 2026
A historic day: Nasdaq closed above 25,000 for the first time ever (+0.89%). S&P 500 also hit a record (+0.29% to 7,230). But Dow dipped 0.31% to 49,499.
Europe mixed: Germany's DAX jumped 1.41%, while UK's FTSE 100 fell 1.16%. Asia subdued on Labour Day holiday – Japan's Nikkei +0.7%, Australia's ASX 200 snapped an 8-day losing streak (+0.9%).
Oil dropped nearly 3% to $101.94 after Iran proposed new US negotiations, easing geopolitical fears. Gold held steady near $4,628.
Key takeaway: Tech strength vs. broad market caution. All eyes on US jobs report next week.
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