Major events in the U.S. stock market today
$S&P 500 Index (.SPX.US)$ Daily investment insights
Almost everyone has learned how to cut losses in a difficult way. A reasonable stop loss helps prevent a blow-up, just like your insurance. If your holding stocks are hit hard, this method can help you avoid bankruptcy.
Focus on finance
After a sharp rise on Thursday, the US stock market opened with some volatility on Friday, but then regained its upward momentum, and all three major indexes closed higher. China concept stocks continued to rise and outperformed the overall market, while large-cap technology stocks rose across the board.
Almost everyone has learned how to cut losses in a difficult way. A reasonable stop loss helps prevent a blow-up, just like your insurance. If your holding stocks are hit hard, this method can help you avoid bankruptcy.
Focus on finance
After a sharp rise on Thursday, the US stock market opened with some volatility on Friday, but then regained its upward momentum, and all three major indexes closed higher. China concept stocks continued to rise and outperformed the overall market, while large-cap technology stocks rose across the board.
▷ Fed Director "Pouring Cold Water": Still Far from Pausing Rate Hikes
Fed Director Bullard said on Sunday that despite positive news on consumer prices last week, "we still have a long way to go" before the Fed stops raising interest rates. Bullard warned that the Fed is not yet at the point of pausing rate hikes. He said, "We finally see some evidence of inflation starting to decline, which is a good thing. We need to see this state continue, and then we will truly start to consider hitting the brakes.
Fed Director Bullard said on Sunday that despite positive news on consumer prices last week, "we still have a long way to go" before the Fed stops raising interest rates. Bullard warned that the Fed is not yet at the point of pausing rate hikes. He said, "We finally see some evidence of inflation starting to decline, which is a good thing. We need to see this state continue, and then we will truly start to consider hitting the brakes.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
