Outlook for the USA market: US stocks approach half of the world's market capitalization share! The Dow Jones Industrial Average starts 185 points lower.
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Here is the NY stock market outlook for tonight.![]()
Market Overview
The USA market started with the Dow Jones Industrial Average, which consists of excellent stocks, closing 185.20 points lower at 41,956.34 dollars. The high-tech stock-intensive Nasdaq Composite Index started 180.62 points lower at 18,427.31. The S&P 500 average, composed of 500 large-cap stocks in the US, closed 38.33 points lower at 5,775.34.
The USA market started with the Dow Jones Industrial Average, which consists of excellent stocks, closing 185.20 points lower at 41,956.34 dollars. The high-tech stock-intensive Nasdaq Composite Index started 180.62 points lower at 18,427.31. The S&P 500 average, composed of 500 large-cap stocks in the US, closed 38.33 points lower at 5,775.34.
Top News
Economic indicators
●USA: September Core PCE Price Index: Year-on-year comparison＋2.7％(Estimate: +2.6%, August: +2.7%)
Economic indicators
●USA: September Core PCE Price Index: Year-on-year comparison＋2.7％(Estimate: +2.6%, August: +2.7%)
●USA - Newly filed initial jobless claims for last week:0.216 million claims(Estimate: 0.23 million claims, Previous: 0.227 million claims)
●Tomorrow night, the USA is scheduled to release the October non-farm payroll statistics.The market consensus is expected to increase by 0.11 million people.A significant decrease is expected from the 0.154 million increase in September.
●Boeing's strike, hurricanes 'Helen' and 'Milton' are expected to impact the October employment statistics.
●Boeing's strike, hurricanes 'Helen' and 'Milton' are expected to impact the October employment statistics.
Is there a slowdown in semiconductors?
- According to the industrial production data announced by the South Korean government's statistical office on October 31, semiconductor production in South Korea decreased by 3% in September, marking the first decline in 14 months.
- Analysts pointed out the possibility that the peak demand for memory chips and the prosperous cycle of semiconductors led by AI development may be cooling off.
- According to Samsung Electronics' third-quarter earnings report, the operating profit of the semiconductor division (DS) significantly fell to 3 trillion 860 billion won, well below the market's estimate of 6 trillion 700 billion won.
The company expects that in the fourth quarter, the demand for mobile and PC products will remain sluggish, while the demand for artificial intelligence (ai) will continue to be strong.
SoftBank's Son Masayoshi predicts that by 2035, ASI (Artificial Super Intelligence) will be realized. ASI will be 0.01 million times smarter than the human brain, but he points out that it will require at least 0.2 billion chips and 9 trillion dollars to build it.
Son also mentioned that $NVIDIA (NVDA.US)$is being underestimated.
- According to the industrial production data announced by the South Korean government's statistical office on October 31, semiconductor production in South Korea decreased by 3% in September, marking the first decline in 14 months.
- Analysts pointed out the possibility that the peak demand for memory chips and the prosperous cycle of semiconductors led by AI development may be cooling off.
- According to Samsung Electronics' third-quarter earnings report, the operating profit of the semiconductor division (DS) significantly fell to 3 trillion 860 billion won, well below the market's estimate of 6 trillion 700 billion won.
The company expects that in the fourth quarter, the demand for mobile and PC products will remain sluggish, while the demand for artificial intelligence (ai) will continue to be strong.
SoftBank's Son Masayoshi predicts that by 2035, ASI (Artificial Super Intelligence) will be realized. ASI will be 0.01 million times smarter than the human brain, but he points out that it will require at least 0.2 billion chips and 9 trillion dollars to build it.
Son also mentioned that $NVIDIA (NVDA.US)$is being underestimated.
Will US stocks rise further?
US stocks are dominating the world.
US stocks are dominating the world.
Unlimited's CEO Bob Elliott said, "It is because the United States has shown such a market capitalization share,just before the IT bubble collapses.pointed out as being.
Looking back at history, the performance of the US stock markethas the highest average return from November to April.becomes.
IBKR analystsmentioned that factors for the continued rise in US stocks include "Republican victory," "positive comments on AI at earnings calls," "softening economic data," and "stabilization of interest rates."are the factors for the continued rise in US stocks.
at the momentThe P/E ratio of the S&P500 approaches levels seen in 1999/2000 and 2021, the third highest in the past 3 years.is turning out to be.
Looking back at history, the performance of the US stock markethas the highest average return from November to April.becomes.
IBKR analystsmentioned that factors for the continued rise in US stocks include "Republican victory," "positive comments on AI at earnings calls," "softening economic data," and "stabilization of interest rates."are the factors for the continued rise in US stocks.
at the momentThe P/E ratio of the S&P500 approaches levels seen in 1999/2000 and 2021, the third highest in the past 3 years.is turning out to be.
The outcome of the US presidential election is not yet determined.
● Renowned American election analyst Nate Silver warns that public opinion polls...Bandwagon effectis not as accurate as expected.
● Mr. Silver also points out that most predictions from betting markets and stock markets...
● Jamie Patton, Co-Head of Global Rates at TCW, highlights that investors in this presidential election...Trends in the bond market in the USAIt is a big mistake to refer to 2016 as a reference.
●He pointed out that especially when considering the policies of the Federal Reserve (FRB), the election of 8 years ago has little in common with the present.
● Renowned American election analyst Nate Silver warns that public opinion polls...Bandwagon effectis not as accurate as expected.
● Mr. Silver also points out that most predictions from betting markets and stock markets...
● Jamie Patton, Co-Head of Global Rates at TCW, highlights that investors in this presidential election...Trends in the bond market in the USAIt is a big mistake to refer to 2016 as a reference.
●He pointed out that especially when considering the policies of the Federal Reserve (FRB), the election of 8 years ago has little in common with the present.
- Moomoo News Citron
Source: moomoo, Bloomberg, Minkabu
This article uses automatic translation in part.
Source: moomoo, Bloomberg, Minkabu
This article uses automatic translation in part.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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