US market outlook: US CPI shows a slowing trend in inflation, and the Dow average starts higher at $133.86
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Market Overview
At the start of the US market, the Dow Jones Industrial Average, which consists of blue-chip stocks, started at 133.86 dollars at 34395.28 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 13915.64, which rose 154.94 points. The S&P 500 average, which consists of 500 stocks that are large US stocks, is 4467.69, a 28.43 point increase.
At the start of the US market, the Dow Jones Industrial Average, which consists of blue-chip stocks, started at 133.86 dollars at 34395.28 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 13915.64, which rose 154.94 points. The S&P 500 average, which consists of 500 stocks that are large US stocks, is 4467.69, a 28.43 point increase.
Top news
US consumer prices rose 3.0% in June and slowed for 12 consecutive months
The June US Consumer Price Index (CPI) announced by the U.S. Department of Labor on the 12th slowed for 12 consecutive months with a rate of increase of 3.0% from the same month last year. It fell below 3.1% of market expectations. The upward pressure on service prices is still strong, and the US Federal Reserve (Fed) is poised to continue suppressing high inflation.
US consumer prices rose 3.0% in June and slowed for 12 consecutive months
The June US Consumer Price Index (CPI) announced by the U.S. Department of Labor on the 12th slowed for 12 consecutive months with a rate of increase of 3.0% from the same month last year. It fell below 3.1% of market expectations. The upward pressure on service prices is still strong, and the US Federal Reserve (Fed) is poised to continue suppressing high inflation.
The Anglo-Central Bank is wary of hedge fund basis transactions and risks to financial stability
Leveraged transactions in the US bond futures market, which are popular with hedge funds, threaten global financial stability. This alarm was sounded in the financial stability report released by the Bank of England (British Central Bank) on the 12th.
Leveraged transactions in the US bond futures market, which are popular with hedge funds, threaten global financial stability. This alarm was sounded in the financial stability report released by the Bank of England (British Central Bank) on the 12th.
Semiconductor “chiplet” technology is a tailwind with the AI boom
In response to the artificial intelligence (AI) boom, semiconductor chip manufacturers are accelerating the development of design technology called “chiplets,” which stack chips like Lego blocks.
In response to the artificial intelligence (AI) boom, semiconductor chip manufacturers are accelerating the development of design technology called “chiplets,” which stack chips like Lego blocks.
Notable points for Q2 financial results! Stocks whose earnings forecasts have been drastically revised upward
This week $JPMorgan (JPM.US)$Ya $Citigroup (C.US)$Major US banks such as, will announce financial results, and it will be the beginning of the financial results season. Analysts predicted negative growth rates and a “performance recession” in both Q1 and Q2. However, the performance growth rate for the first quarter went from negative 5.1% at the beginning of the fiscal year to plus 0.1%, showing steadiness that undermines the “performance recession” theory.
This week $JPMorgan (JPM.US)$Ya $Citigroup (C.US)$Major US banks such as, will announce financial results, and it will be the beginning of the financial results season. Analysts predicted negative growth rates and a “performance recession” in both Q1 and Q2. However, the performance growth rate for the first quarter went from negative 5.1% at the beginning of the fiscal year to plus 0.1%, showing steadiness that undermines the “performance recession” theory.
Goldman hints at April-June sluggish business performance - prepare mentally for the market ahead of financial results
$Goldman Sachs (GS.US)$is striving to suppress market expectations for the April-June (2nd quarter) results announced on the 19th in order to avoid disappointing investors with quarterly financial results for the third time in a row. Therefore, contrary to the company's customs, executives have repeatedly made statements suggesting poor performance.
$Goldman Sachs (GS.US)$is striving to suppress market expectations for the April-June (2nd quarter) results announced on the 19th in order to avoid disappointing investors with quarterly financial results for the third time in a row. Therefore, contrary to the company's customs, executives have repeatedly made statements suggesting poor performance.
Ark, led by Cathy Wood, sells Coinbase shares for the first time in about a year
Cathy Wood's Ark Investment Management is a crypto asset (virtual currency) exchanger on the 11th $Coinbase (COIN.US)$It reduced its shareholding for the first time in almost a year.
Cathy Wood's Ark Investment Management is a crypto asset (virtual currency) exchanger on the 11th $Coinbase (COIN.US)$It reduced its shareholding for the first time in almost a year.
Distribution source: Bloomberg, Dow Jones, Nihon Keizai Shimbun
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