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Stocks & Markets Analysis
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Market review last week

U.S. stocks rebounded on Friday, and $S&P 500 Index(.SPX.US)$ closed a new high. The $Dow Jones Industrial Average(.DJI.US)$ ended its four-week streak. The IT sector led the gains by more than 2%, and rose by 6% for the week. $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$ rose by 2.8%, and $Ford Motor(F.US)$ rose by more than 9%, a two-year high. , $Moderna(MRNA.US)$ fell more than 5%. The pan-European stock index fell three times in a row but recorded the largest weekly gain in eight months. Daimler fell more than 10% and closed up nearly 3%. The travel sector rose more than 5% in a week. The yields of the US dollar and US Treasuries plunged during the intraday session. The yields of the 10-year US Treasury fell below 1.5% during the intraday session, and still rose by more than 10 basis points throughout the week; the US dollar index fell below 96 during the intraday turn. After the offshore renminbi approached 6.39, it rose by more than 200 points. Crude oil hit its biggest weekly gain in three months and ended a six-week losing streak. U.S. oil rose more than 8% throughout the week, and European natural gas rose more than 18% in a week. The gold price jumped out of a week's low during the intraday trading session, and the LME copper fell for two consecutive days, but reversed the three-week consecutive decline throughout the week.
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