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The direction was not found on the American stock exchanges

The leading indices barely moved

By the end of the day, the American stock markets came close to their closing values ​​of yesterday, only the Dow showed a 0.2 percent drop at the close, but the S&P 500 and the Nasdaq stagnated.


Direction finding

Approaching the market close, there was still no clear direction on the American stock exchanges, the Dow is down 0.2 percent, while the S&P 500 rose 0.1 percent and the Nasdaq rose 0.2 percent.


Uncertain movements

There are mixed movements on the US stock markets, the Dow fell 0.2 percent, while the S&P 500 was down 0.1 percent and the Nasdaq rose 0.1 percent. Shares of Netflix and Morgan Stanley were lower after the release of first-quarter results.


Minor minuses

Among the leading European stock exchanges, the DAX is down 0.2 percent, and the CAC is stagnant.

The Hungarian stock market is down 0.4 percent, in line with the international average.

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The leading stock market is also falling

After the opening, the FTSE is down 0.3 percent, the DAX is down 0.2 percent, and the CAC is down 0.1 percent.


The Hungarian stock market is falling

BUX is down 0.5 percent after opening.


The week can continue with direction finding

What are the current events on the stock exchanges?

  • The leading American stock indexes closed yesterday with minimal movement, the Dow Jones stagnated, the S&P 500 rose by 0.1 percent, while the Nasdaq stagnated.
  • The Asian stock markets are showing a bullish mood this morning, the Nikkei is down 0.23 percent, the Hang Seng fell 0.69 percent, while the CSI 300 rose 0.02 percent.
  • The day can start with a search for direction on the European stock market, based on the current state of the future stock indices, the DAX may open with a gain of 0.72 percent, the CAC may open with a loss of 0.69 percent, while the FTSE may go down by 0.06 percent.
  • American stock markets may open with a fall, based on the current state of the future stock indexes, the Dow Jones may fall 0.15 percent, the S&P 500 may fall 0.16 percent, while the Nasdaq may open 0.23 percent lower.

What can be expected on the macro front?

Today, in addition to British inflation, you should pay attention to the Japanese industrial data, these two announcements may be of interest mostly to those who have exposure to the pound or yen. The Fed’s beige book, on the other hand, can send an important message to all investors in the world.

April 17-23, 2023 macro calendar
Hungarian macroeconomics
April18.Tuesday8:30 a.mMNBStatistical scaleMar.
April18.Tuesday8:30 a.mMNBInternational reservesMar.
April18.Tuesday11:30 a.mAKK3-month dkj auction
International macroeconomics
April17.Monday19:00EULagarde speech
April18.Tuesday4:00 a.mChinaGDPQ1
April18.Tuesday8:00 a.mUKUnemploymentFeb.
April18.Tuesday2:30 p.mUSAResidential building permitsMar.
April19.Wednesday6:30 a.mJapanIndustryFeb.
April19.Wednesday8:00 a.mUKInflationMar.
April19.Wednesday11:00 a.mEUInflation (revised)Mar.
April19.Wednesday20:00USAFed beige book
April20.Thursday3:15 amChinaInterest rate decision
April20.Thursday8:00 a.mGerman.Industrial producer pricesMar.
April20.Thursday1:30 p.mEUECB minutes
April20.Thursday2:30 p.mUSAWeekly aid requests
April20.Thursday4:00 p.mEUConsumer sentimentapr.
April21.Friday1:30 a.mJapanInflationMar.
April21.Friday9:15 a.mFrench.BMIapr.
April21.Friday9:30 a.mGerman.BMIapr.
April21.Friday10:00 a.mEUBMIapr.
April21.Friday3:45 p.mUSABMIapr.
Source: Portfolio collection

What has happened on the stock markets so far?

  • Among the leading American, Asian, European and regional stock indexes this year, the Nasdaq index is at the top with a 19.7 percent shift, while the BUX index is the driving force with a 0.1 percent drop.
  • Among domestic blue chips, Magyar Telekom’s share performed best this year with a 23.3 percent increase, while Richter’s paper is at the bottom of the list with a 4.9 percent drop.
  • Among the most important raw materials, the price of gold has risen by 10.6 percent since the beginning of the year.
More important instruments
Exchange rateOne day1 week1 monthThis year1 year5 years
US stock indices
Dow Jones33,976.630.0%0.9%6.6%2.5%-1.3%37.3%
S&P 5004 154.870.1%1.1%6.1%8.2%-5.4%53.4%
Asian stock indices
Hang Seng20,650.51-0.6%0.8%5.8%4.4%-4.0%-31.8%
CSI 3004 162.030.3%1.5%5.1%7.5%-0.1%10.5%
European stock indices
FTSE MIB27,891.430.7%1.3%9.4%17.7%12.2%17.4%
Regional stock indices
Hungarian blue chips
Mol2 7140.0%0.1%12.2%4.3%-9.5%-11.4%
Magyar Telekom4180.7%3.5%8.6%23.3%8.0%-7.7%
Raw materials
Foreign currencies
Government papers
10-year US Treasury yield3.58-0.5%4.4%4.3%-6.6%25.0%24.8%
10-year German government bond yield2.47-0.3%7.4%15.9%-3.6%204.3%366.2%
10-year Hungarian government bond yield8.85-0.3%3.6%0.6%-4.3%32.7%252.6%
Source: Refinitiv, Portfolio

Cover image source: Getty Images