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      30 Jan Market Ended Positive After Sharp Dip But Quick Recovery In Late Trade

      After a sharp dip but quick recovery in the afternoon session, we saw the stock market closed positively. Starting Saturday, President Trump has announced a 25% tariff on Canada and Mexico, the reason for this tariff is for immigration, trade deficits, and fentanyl issues, according to Bloomberg.
      This move, which he attributes to issues of illegal immigration and fentanyl trafficking, follows his earlier executive orders on immigration. The market is closely monitoring the situation as the tariffs could impact trade relations and economic dynamics with these neighboring countries.
      DJIA increased by 0.38%, the NASDAQ also rose 025% while S&P 500 gained the most 0.53% and Russell 2000 also outperformed with a 1.1% jump.
      Strongest Growth In Personal Spending In Fourth Quarter
      We saw the initial jobless claims came in lower than expected at 207,000 for the week ending 25 January. Personal spending saw the strongest growth since Q1 2023 with a 4.2% growth in the fourth quarter.
      Q4 GDP also advanced by 2.3%, with personal consumption expenditures rising 4.2%. Weekly initial claims were at 207,000, below the consensus of 221,000. December pending home sales decreased by 5.5% against a consensus of 0.8%.
      Traders and investors will be awaiting earnings news from key companies and the release of the December Personal Income and Spending report, which includes the Fed's preferred inflation gauge (PCE Price Indexes) at 8:30 ET.
      Mag 7 Stocks Mixed Performance From Microsoft, Meta and Tesla
      After posting a significant earnings-related decline, Microsoft (MSFT) saw its shares fall by 6.18%. Meta Platforms (META) saw its shares increased by 1.55% and Tesla (TSLA) gained 2.87%.
      IBM (IBM) saw its shares gained more than 10% after a positive response to its earnings.
      S&P 500 Technology Sector The Only Lagger
      The market with broad buying interest has helped the equal-weighted S&P 500 to close 1.1% higher.
      Ten out of the eleven S&P 500 sectors finished in the green. The information technology sector was the only one in the red. Rate-sensitive sectors like utilities (+2.1%) and real estate (+1.4%) topped the leaderboard.
      30 Jan Market Ended Positive After Sharp Dip But Quick Recovery In Late Trade
      Note Yield Declined
      The positive bias in equities was supported by movements in the Treasury market. The 10-year yield decreased by four basis points to settle at 4.52%, while the 2-year yield dropped three basis points to 4.20%.
      30 Jan Market Ended Positive After Sharp Dip But Quick Recovery In Late Trade
      30 Jan Market Ended Positive After Sharp Dip But Quick Recovery In Late Trade
      Stocks To Watch
      OpenAI is reportedly in discussions to raise up to $40 billion, potentially valuing the company at $340 billion. SoftBank (SFTBY) might contribute between $15 billion and $25 billion to this funding round. The funds could support OpenAI's involvement in the Stargate Project, a collaboration focused on artificial intelligence development. Microsoft (MSFT), a major investor in OpenAI, continues to back the startup's expansive growth.
      Meta Platforms (META) reported strong fourth-quarter results, with revenues growing 21% year-over-year to $48.39 billion, surpassing expectations. The company has set a conservative revenue guidance for the first quarter, which analysts attribute to factors like currency fluctuations. Meta's capital expenditures are projected to increase significantly to support AI initiatives and core operations.
      $Visa (V.US)$ posted impressive Q1 results with a non-GAAP EPS of $2.75, beating estimates, and revenue growth of 10.6% year-over-year. The increase was driven by higher payments and cross-border volumes, reflecting robust consumer spending and international transaction growth.
      I think Visa still have much upside movement coming as it has started inverse head and shoulder which should give a continued uptrend, and Visa is trading comfortably above the 12-EMA and 26-EMA.
      30 Jan Market Ended Positive After Sharp Dip But Quick Recovery In Late Trade
      Intel (INTC) exceeded Q4 expectations with a non-GAAP EPS of $0.13 and revenue of $14.26 billion. However, the company forecasts a challenging first quarter of 2025 with anticipated revenue below consensus estimates. Intel's outlook indicates potential headwinds in the semiconductor market.
      $Amazon (AMZN.US)$ is increasing its advertising spending on Elon Musk's platform X, signaling a shift in strategy after a period of reduced activity on the platform. Apple (AAPL) is also considering a return to advertising on X. This comes as advertisers cautiously re-engage with the platform post-Musk's acquisition.
      Individual investors have shown strong interest in $NVIDIA (NVDA.US)$ , pouring $2 billion into related assets despite recent market volatility. This retail activity highlights continued confidence in Nvidia's prospects, even as the tech sector faces disruptions from developments like DeepSeek's AI advancements.
      $Alphabet-A (GOOGL.US)$ has introduced a voluntary exit program for employees in its Platforms & Devices group, offering severance packages as part of an internal restructuring. This move aims to refocus efforts on key product developments within the group.
      $IBM Corp (IBM.US)$ experienced a significant stock surge after reporting strong earnings, benefiting not only the company but also ETFs with substantial holdings in IBM. The tech giant's performance is positively influencing broader market sentiment.
      Summary
      I think we might continue to see the market in a positive bias, and there would be some profit taking for fear of the impact of tariff announced by President Trump but overall, it should still be a positive sentiment building up for the investors.
      Appreciate if you could share your thoughts in the comment section whether you think market would end the week in a positive bias sentiment.
      Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
      Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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