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Global Assets Rise During May Day Holiday; Nasdaq Up 2.65%, Oil Falls 5.22%

GateNews

Stocks Metals Forex Commodities

2026-05-06 00:47:07

During China’s May Day holiday from April 30 to May 6, global equity indices posted gains, with Nasdaq up 2.65%, S&P 500 up 1.73%, and Dow Jones up 0.89%. In commodities, base metals strengthened across the board: London aluminum rose 3.16%, nickel up 1.97%, and zinc up 1.50%. Agricultural products also advanced, with U.S. cotton up 5.85% and sugar up 4.20%.

Energy markets faced headwinds, as WTI crude fell 5.22% and Brent crude dropped 1.91%. Precious metals declined slightly, with gold down 0.70% and silver down 0.19%. The U.S. dollar index weakened 0.49% during the period.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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