US market outlook: The Dow Jones Industrial Average fell by $154.72, and the Nasdaq Composite Stock Price Index fell 186.22 points
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Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell 154.72 dollars to 32999.19 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 186.22 points to 11404.18. The S&P 500 average, which consists of 500 stocks that are large American stocks, fell 39.08 points to 3973.24.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell 154.72 dollars to 32999.19 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 186.22 points to 11404.18. The S&P 500 average, which consists of 500 stocks that are large American stocks, fell 39.08 points to 3973.24.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
US consumer spending prices rose 5.4% in January, growth expanded from previous month
The January personal consumption expenditure (PCE) price index announced by the U.S. Department of Commerce on the 24th rose 5.4% compared to the same month last year. Growth increased from 5.3% in 2022/12. Excluding energy and food, the core index rose 4.7%. It accelerated from 4.6% the previous month and exceeded market expectations.
US Authorities Warn Banks of Liquidity Risks Related to Crypto Assets
Three regulators, including the US Federal Reserve (Fed), have warned banks to pay attention to liquidity risks associated with crypto assets (virtual currencies). They are trying to reduce the economy's vulnerability (extravagance) to turbulent markets.
A soft landing for the US economy is possible - Treasury Secretary Yellen
US Treasury Secretary Yellen expressed the view on the 24th that a soft landing in the US economy is possible. The reason was that the labor market is strong and there are no balance sheet issues like those seen before the global financial crisis. The same director, who is participating in the 20 countries/regions (G20) finance ministers and central bank governors meeting in Bengaluru, India, stated to reporters that “the soft landing is a possible result, and I hope it can be achieved.”
Distribution source: Bloomberg, Dow Jones, Nihon Keizai Shimbun
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
US consumer spending prices rose 5.4% in January, growth expanded from previous month
The January personal consumption expenditure (PCE) price index announced by the U.S. Department of Commerce on the 24th rose 5.4% compared to the same month last year. Growth increased from 5.3% in 2022/12. Excluding energy and food, the core index rose 4.7%. It accelerated from 4.6% the previous month and exceeded market expectations.
US Authorities Warn Banks of Liquidity Risks Related to Crypto Assets
Three regulators, including the US Federal Reserve (Fed), have warned banks to pay attention to liquidity risks associated with crypto assets (virtual currencies). They are trying to reduce the economy's vulnerability (extravagance) to turbulent markets.
A soft landing for the US economy is possible - Treasury Secretary Yellen
US Treasury Secretary Yellen expressed the view on the 24th that a soft landing in the US economy is possible. The reason was that the labor market is strong and there are no balance sheet issues like those seen before the global financial crisis. The same director, who is participating in the 20 countries/regions (G20) finance ministers and central bank governors meeting in Bengaluru, India, stated to reporters that “the soft landing is a possible result, and I hope it can be achieved.”
Distribution source: Bloomberg, Dow Jones, Nihon Keizai Shimbun
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