U.S. Market Close Report - 2026-05-01
U.S. Indices
On May 1, 2026, the S&P 500 (SPY) closed at $720.65, up 0.28%, while the Nasdaq 100 (QQQ) rose 0.96% to $674.15. The Dow Jones Industrial Average (DIA) declined by 0.33% to $495.02, and the Russell 2000 (IWM) increased by 0.47% to $279.28. The Total Market ETF (VTI) ended the day at $355.29, up 0.31%.
Top Movers
Top Gainers:
- Seagate Technology Holdings PLC (STX): Shares surged 7.91% to $726.93.
- Zoom Video Communications, Inc. (ZM): Increased by 6.47% to $103.44.
- Oracle Corporation (ORCL): Rose 6.47% to $171.83.
- Intel Corporation (INTC): Gained 5.44% to $99.62.
- Micron Technology, Inc. (MU): Advanced 4.84% to $542.21.
Top Losers:
- LKQ Corporation (LKQ): Dropped 9.72% to $28.51.
- Stryker Corporation (SYK): Fell 6.47% to $294.73.
- Amgen Inc. (AMGN): Declined 4.75% to $329.82.
- ResMed Inc. (RMD): Decreased 4.11% to $205.02.
- Bristol-Myers Squibb Company (BMY): Lost 3.91% to $58.22.
Global Markets
Europe:
- FTSE 100 (UK): Closed at 10,363.93, down 0.14%.
- DAX (Germany): Ended at 24,292.38, up 1.41%.
- CAC 40 (France): Finished at 8,114.84, up 0.53%.
- Euro Stoxx 50: Closed flat at 5,881.51.
Asia:
- Nikkei 225 (Japan): Data not available.
- Hang Seng (Hong Kong): Closed at 25,776.53, down 1.28%.
- Shanghai Composite (China): Ended at 4,112.16, up 0.11%.
- TSX Composite (Canada): Finished at 33,891.18, down 0.22%.
Commodities
- Energy:
- WTI Crude Oil: Settled at $102.50, down 2.45%.
- Brent Crude: Closed at $108.83, down 4.54%.
- Natural Gas: Increased by 0.80% to $2.79.
- Precious Metals:
- Gold: Rose 0.24% to $4,625.60.
- Silver: Jumped 3.14% to $75.84.
- Platinum: Gained 1.10% to $2,000.70.
- Industrial Metals:
- Copper: Advanced 0.65% to $5.96.
Money Market / Rates Curve
- Federal Funds Rate: 3.64%.
- SOFR (Overnight): 3.66%.
- Treasury Bills:
- 1-Month: 3.72%.
- 3-Month: 3.68%.
- 6-Month: 3.71%.
- 1-Year: 3.72%.
- 10-Year TIPS Real Yield: 1.94%.
Macro and FX
- VIX (Volatility Index): 16.89.
- Treasury Yields:
- 10-Year: 4.4%.
- 2-Year: 3.88%.
- 10Y-2Y Spread: 0.52 percentage points.
- DXY (Dollar Index): 98.21.
- Fed Funds Rate: 3.64%.
Crypto
- Bitcoin (BTC-USD): Increased by 2.45% to $78,173.82.
- Ethereum (ETH-USD): Rose 1.54% to $2,290.97.
Top Stories Driving Markets
On April 12, 2026, former President Donald Trump announced a U.S. blockade of the Strait of Hormuz following the collapse of weekend talks with Iran. This development led to a surge in energy prices and a decline in major U.S. stock indices, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite dropping more than 1%. The heightened inflation risk prompted a repricing of rate-cut expectations. (apnews.com)
Subsequently, on April 12, 2026, Vice