Bearish mood pushes Honda to session low of $28.45

Yesterday at a glance: slightly down but mostly flat: Honda Motor Co., Ltd. ranged between $28.45 and $28.79 before closing at $28.67.

Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions came out at 193,100.

On the other hand, positive performances could be seen by looking at other consumer discretionary stocks as Amazon traded at $120.11 after closing yesterday's trading day at $115 (up 4.44%). Tesla was up 4.72%. Lowe's traded at $206.52 after closing yesterday's trading day at $201.04 (up 2.73%).

The stock has been trending positively for about 2 months. The Japanese auto manufacturer has managed to gain 23.14% so far this year despite trading at lows around $21.59 previously.