With a blink of the eye, half of 2022 is over. We think its a good time to take a pause and review how the markets performed thus far, especially in such difficult market conditions.
As Alvin summarised in his Finbite post last week, here’s how some of the key global markets have performed as of 1st Jul 2022:
Singapore: STI -1%
UK: FTSE 100 -3%
China: Shanghai -7%
Malaysia: KLCI -8%
Japan: Nikkei -9%
China: Shenzhen -13%
US: Dow Jones -15%
US: S&P 500 -21%
US: NASDAQ -30%
In this article, we’ll drill down on the US markets, explore the best and worst sectors in the S&P 500 and take a look at how the big tech stocks (TAMAMA) and ARKK performed.
Let’s go:
6M/YTD 2022 Performance of US indices
Index
6M/YTD
Dow Jones
-15.9
Nasdaq 100
-30.3
S&P 500
-21.1
The US market ends the first half of 2022 with its worst performance since 1970 as both the S&P 500 and Nasdaq 100 fell into a bear market. For the Nasdaq 100, it is the worst...