Editor's note:《Monthly Hong Kong and US Stocks Bull and Bear Shares》The column closely follows market trends, takes stock of the monthly performance of the Hong Kong and US stock markets, helps newcomers sort out the month's hot sectors, strong individual stocks, and major news, and find profitable investment topics.
This month, the start of the new quarter was difficult. Strong economic data such as CPI and non-agriculture once again weighed down expectations of interest rate cuts. The NASDAQ and S&P began a continuous decline at the beginning of the month, then boosted by favorable earnings reports from Meta, Microsoft, etc., and only then did the decline narrow. As of April 26, when US stocks closed,$S&P 500 Index (.SPX.US)$It fell by 2.94% during the month.$Nasdaq Composite Index (.IXIC.US)$fell 2.76%,$Dow Jones Industrial Average (.DJI.US)$The decline was 3.94%.
Although the overall market trend is poor, there are still quite a few sectors/individual stocks that have performed well. Specifically, resource stocks performed well this month, the world's largest gold mining company$Newmont (NEM.US)$Increased by more than 19% in the month, oil and gas companies$Antero Resources (AR.US)$,$Petroleo Brasileiro SA Petrobras (PBR.US)$The monthly increase was over 16%.
High-performing stocks are collectively agitated! social media company$Snap Inc (SNAP.US)$The day after the results surged nearly 28%, and the company's first quarter results and second quarter revenue guidance both exceeded Wall Street expectations.$NatWest (NWG.US)$It rose more than 15% during the month, and the company's earnings for the first quarter exceeded expectations. Also,$Alphabet-A (GOOGL.US)$It rose nearly 14% during the month, and its Q1 revenue, advertising, and cloud revenue all accelerated. The company also paid quarterly dividends for the first time in history, and will repurchase up to $70 billion in additional shares.
It is worth noting that Chinese securities have risen to prominence since late April. The Nasdaq Golden Dragon Index surged nearly 9% last week. This month's gains outperformed the three major US stock indices and climbed about 3.52%. Among them,$Trip.com (TCOM.US)$,$Tencent Music (TME.US)$The average monthly increase was over 15% to the list.
On the other hand, the weakest performing stocks this month are as follows:
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