ყოველკვირეული კაპიტალის ბაზრების მიმოხილვა

US equity markets ended the week lower, with the Nasdaq Composite falling 4.68%, while the S&P 500 recorded its first weekly decline since March. Early optimism around AI-related stocks faded as investors focused on oil price volatility, rising Treasury yields, and stronger-than-expected economic data. The key development was the May payrolls report, which reinforced expectations that the US economy remains resilient despite elevated inflation concerns.

Economic data generally pointed to continued strength in activity and persistent price pressures. Nonfarm payrolls increased by 172,000 in May, significantly above expectations, while job openings rose to 7.6 million. ISM manufacturing and services PMIs both exceeded forecasts, with prices remaining elevated. Stronger labor market and business activity data pushed the 10-year Treasury yield higher, from 4.44% to around 4.55%, as investors reduced expectations for near-term Federal Reserve rate cuts and anticipated a more restrictive policy stance for longer.

European markets were mixed, with the STOXX Europe 600 Index declining 0.53%. Investor sentiment was shaped by developments in US-Iran negotiations, reports of a possible Israel-Lebanon ceasefire, and the Trump administration’s announcement of planned tariffs of 10% to 12.5% on many countries. Among major markets, Germany’s DAX fell 1.38%, Italy’s FTSE MIB declined 0.29%, and the UK’s FTSE 100 slipped 0.40%, while France’s CAC 40 gained 0.43%.