Market Pulse Daily

Global indices bullish but overextended in key spots:

• US: Nasdaq parabolic, eyeing $20k correction; S&P overextended weekly; Dow tests 49,700...

• Nikkei 225 hits intraday record above 63,300 on semiconductor buying, then falls 0.5% to 62,417.
• Profit-taking triggers retreat after early...

Top Strategist Bullish: Ed Yardeni hikes year-end S&P 500 target to 8,250 – Street-high, ~11.5% above Friday's 7,398 close – amid earnings-led...

Resilient labor market shines: US added 115,000 jobs in April, beating forecasts of 62,000 and 48,000; unemployment steady at 4.3%, March revised...

Stock market bulls risk overlooking a key economic warning: when might geopolitical tensions affect performance? How oil shocks could hit the economy? And what's driving the markets-sentiment disconnect?

Divergent Asian starts on geopolitics and crude pressures:

• Kospi surges 3.67% to fresh record; Nikkei +0.81%
• Australia’s ASX 200 slips 0.71%
• GIFT Nifty down 0.53%, signaling weak India open
  US futures tumble: Dow -0.3% after Friday gains.

Q1-2026 earnings season is winding down after doing the heavy lifting for markets this year, with CPI, retail sales, and Fed signals now taking center stage. The index stands 9.2% above its 200-day moving average.

ADMISI Chief Economist Marc Ostwald previews key data and events shaping global markets on 11 May 2026.

China's midday rally: Three major indices gain 0.3% to 1%, with ChiNext hitting a fresh near 11-year high.

• Optical fibre concept stocks spearhead gains
• CNOOC (600938.SH) slumps over 4%
  Lifted by US indices rise on US-Iran peace hopes.

S&P 500 climbed 0.2% toward its all-time high, driven by the energy sector's 1.6% gain amid rising oil prices.

Jerome Powell's eight-year tenure as Federal Reserve Chair concludes this week, prompting legacy reflections on today's Big Take podcast with host David Gura.

Essential weekly outlook ahead:

• Fundamentals kickoff at 00:00
• SP500 analysis from 01:10
• Nasdaq100 at 01:35
• DAX40 coverage 03:00
• Oil (Pétrole) 04:38
• Gold 05:06

Tune in for levels and setups across majors.

The S&P 500 just triggered this pattern for the 13th time in the past 50 years following a fantastic April for U.S. stocks. History reveals what typically happens next—tech led with XLK up 20% (only the second such month).

Global bond markets hit peak absurdity in 2026:

• Bolivia returns after dollar shortages, CCC- downgrade.
• Argentina 100-year "Houdini" bonds trade...

Timeline of escalation impacts:

• Early optimism fades: Euro zone yields dropped on peace deal reports, oil sliding to $100.
• Trump rejects Iran...

Trend alert: Major central banks prioritize inflation control amid Middle East war risks, curbing rate cut hopes.

• ECB: Rehn's hawkish stance lowers...

Three drivers behind S&P 500, Dow, Nasdaq highs:

• Earnings beats: GE Vernova and others report fatter Q1 profits; AMD crushes estimates ($1.37 EPS...

Yen- and USD-denominated Nikkei 225 futures deliver the most liquid listed index quanto spread market available today. Key for yen/USD Nikkei traders seeking efficient opportunities.

US markets rally strongly:

• Dow Jones 49,448.20 +1.79%
• S&P 500 7,119.71 +1.11%
• Nasdaq 24,421.46 +1.32%

Europe advances broadly:

• DAX 24,698.94...

Key labor contrast:

• Payrolls doubled consensus at 115k added, unemployment steady at 4.3%.
• Yet job openings per unemployed fell to 0.95 – fewer...