[2021.5.10] Yesterday's market review and today's considerations
Stock Price
Last week the Dow rose 2.7%, marking a significant advance since March. The S&P also rose 1.2%, its best performance since mid-April. The Nasdaq fell 1.5%.
On Friday, the U.S. employment report was released.
Previously 916,000, forecast 978,000, actual 266,000, significantly under the forecast and a bad result was announced.
Following this result, U.S. stocks rose.
The reason given for stock prices rising despite poor results is that, due to a slowdown in the American economy, the market expects continued quantitative easing and a postponement of rate hikes.
From May, seasonally stocks tend to decline, but there are also factors pushing gains from quantitative easing, making the market environment difficult.