5:31 PM · 18 May 2022

📉US stocks extend sell-off❗

Major Wall Street fell sharply on Wednesday as gloomy macroeconomic outlook coupled with weak quarterly results from major US retailers continue to weigh on market sentiment. Today's data from the housing market  showed signs of cooling as inflation remains near a 40-year high, mortgage rates jumped to 12-year highs, building material costs remain elevated, and supply constraints persist. Stocks of Costco, Target and Walmart fell sharply as their profits have been hurt but inflation and companies expect that this situation may persist in the next quarters. Due to these reasons S&P Global now expects US growth to decline 80 basis points to 2.4%. Also news that S&P Dow Jones Indices removed Tesla from its S&P500 ESG index due to concerns how the electric carmaker is handling autopilot crashes, put additional pressure on the tech sector.  

US100 pulled back sharply after buyers failed to break above local resistance at 12535 pts. If current sentiment prevails downward move may be extended to the psychological support at 12000 pts or even 11700 handle were recent lows are located. Source: xStation5

29 July 2026, 8:45 PM

Daily Summary - The market starts to doubt rate hikes after Warsh, but Trump destroys the rebound

29 July 2026, 7:48 PM

Fed Press Conference: Warsh Praises CapEx and Improves Market Sentiment

29 July 2026, 4:45 PM

US OPEN: Wall Street Holds Its Breath Ahead of Fed Decision and Tech Giant Earnings

29 July 2026, 2:16 PM

Market Wrap: A 12% decline in Hermès weighs on the market (29.07.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits