Bloomberg Market Wrap 5/31: S&P 500 Breaking Down, Oil and Zuora

The video covers three main topics: the S&P 500's performance, highlighting its trends and moving averages; the oil market's recent downturn due to global demand concerns and geopolitical tensions; and the stock performance of Auratic Hursey, which has faced significant challenges since its IPO. The analysis includes historical context, current market conditions, and expert opinions on future trends.

What was a significant trend observed in the S&P 500 index during 2019?

• It reached an all-time high.

• It remained stable with no significant changes.

• It had its worst month and week of the year.

• It consistently rose throughout the year.

Which moving average did the S&P 500 drop below during the fourth quarter volatility?

• 100-week moving average

• 40-week moving average

• 10-week moving average

• 50-week moving average

What was a major factor contributing to the decline in oil prices?

• New environmental regulations

• Decrease in global oil reserves

• Escalating trade war with China

• Increased production in the US

How did Auratic Hursey's stock perform after their recent earnings report?

• It doubled in value

• It remained unchanged

• It dropped by 30%

• It increased by 30%

Who was the largest shareholder of Auratic Hursey at the time of its IPO?

• Paul Allen

• Warren Buffett

• Bill Gates

• Elon Musk