EstherEmilia
πŸƒ Daily Portfolio Results – Thursday, May 30, 2024πŸƒ Hi Copiers, Great Job! We outperformed the major indexes that closed lower Thursday, as a cautious sentiment ahead of key inflation data due Friday. LetΒ΄s check our portfolio performance versus our three benchmarks for today: πŸ“ˆ EstherEmilia +0.78% πŸ“‰ $SPX500 -0.60% πŸ“‰ $DJ30 -0.86% πŸ“‰ $NSDQ100 -1.06% Below please find key information that happened in the financial market today: πŸƒ The U.S. economy grew more slowly than expected in the first quarter after downward revisions to consumer spending, the gross domestic product growing at an annualized rate of 1.3% versus advance estimates of 1.6%. πŸƒ U.S. home prices will rise a bit faster this year than previously expected due to limited available supply. Interest-rate sensitive house prices, which surged 45% during the pandemic, have risen around 8% since early 2023. πŸƒ Chinese manufacturing activity unexpectedly contracted in May, as an initial boost from bumper stimulus measures by Beijing now appeared to be running out of steam. Manufacturing PMI read 49.50 in May. The reading was weaker than expectations of 50.5 and contracted from the 50.4 seen in April. $YINN πŸƒ $OIL prices dropped for the second day in a row after the U.S. government reported weak fuel demand and a surprise jump in gasoline and distillate fuel stockpiles. U.S. crude settled down 1.67% at $77.91 a barrel and Brent futures settled down 2.08% at $81.86 per barrel. πŸƒSpot $GOLD added 0.13% to $2,341.94 an ounce. πŸ’° Today our portfolio received two dividend payment from: βœ”οΈ $CTRA (Coterra EnerCoterra Energy Inc) βœ”οΈ $UPS (United Parcel Service Inc) πŸ’‘ Please remember that discipline is about choosing between what you want now and what you want most. Growth isnΒ΄t meant to feel comfortable. Invest Consciously! Es
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