NVDA
NVIDIA
-- 120.860 TSLA
Tesla
-- 281.580 PLTR
Palantir
-- 84.590 SMCI
Super Micro Computer
-- 42.645 MARA
MARA Holdings
-- 13.145 
$Amazon (AMZN.US)$ US stock market early trading | US govern...
$Amazon (AMZN.US)$ US stock market early trading | US government shutdown risks resurface, the three major indexes edge lower; growth tech and china concept stocks mostly weaken, ke holdings drops more than 3%.
Global market report· 36 minutes ago 2 minutes
Tesla (TSLA.US)
245.420
-0.64%
ke holdings (BEKE.US)
14.984
-3.52%
nasdaq composite index (.IXIC.US)
13114.880
-1.18%
s&p 500 index (.SPX.US)
4290.790
-1.08%
microsoft (MSFT.US)
312.255
-1.66%
On the evening of the 26th Beijing time, the U.S. stock market opened lower. The yield on the 10-year Treasury bond maintained its highest level since 2007. The continued selling pressure on risk assets continues to sweep through the European and American stock markets, with the market remaining focused on the major strike by auto workers and the risk of a U.S. government shutdown.
As of the time of publication, the three major indices edged lower, with the S&P 500 index down 0.61%, the Nasdaq down 0.6%, and the Dow down 0.46%.
Analysis suggests that the continued weakness in the U.S. stock market is mainly due to Federal Reserve officials warning of a smaller rate cut next year, one of the reasons for the recent rise in U.S. bond yields.
Yesterday, Minneapolis Fed President Kashkari pointed out, "If the economy turns out to be much stronger fundamentally than we realized, that will tell me that interest rates may have to be raised a bit more and then kept at a higher level for a longer period to cool down the economy."
JPMorgan Chase CEO Jamie Dimon said that the worst-case scenario for the Fed's benchmark interest rate would be to rise to 7% and experience stagflation. Dimon believes that a 200 basis point increase from 5% to 7% would be more painful than from 3% to 5%, and he is unsure if the world is ready for 7%.
However, compared to the Fed's monetary tightening policy, the financial market faces an even more urgent risk - the approaching U.S. government shutdown crisis. With less than a week remaining until the start of the new fiscal year on October 1, the two parties in Congress have not reached an agreement on a new round of fiscal budget.
Moody's rating agency has warned that if the U.S. government shuts down, the country's top credit rating may not be guaranteed. Moody's is currently the only major credit rating agency to give the United States the highest credit rating.
Focus Stocks
Growth tech stocks weakened, with Meta, Amazon, AMD, and Google falling by more than 1%, while Tesla and Apple dropped by nearly 1%.
Most China concept stocks are trading lower, with KE Holdings falling by over 3%, PDD Holdings and JD.com dropping by nearly 2%, Taiwan Semiconductor dropping by over 1%, and NIO and XPeng Motors falling by approximately 1%.
$KE Holdings (BEKE.US)$Down more than 3%, in terms of news, Lianjia has adjusted the charging method and standards for second-hand housing transaction service fees in Beijing and has been progressing in an orderly manner recently.
Tesla (TSLA.US)Dropped nearly 1%, reports suggest that the EU anti-subsidy investigation may include Tesla.
Global market report· 36 minutes ago 2 minutes
Tesla (TSLA.US)
245.420
-0.64%
ke holdings (BEKE.US)
14.984
-3.52%
nasdaq composite index (.IXIC.US)
13114.880
-1.18%
s&p 500 index (.SPX.US)
4290.790
-1.08%
microsoft (MSFT.US)
312.255
-1.66%
On the evening of the 26th Beijing time, the U.S. stock market opened lower. The yield on the 10-year Treasury bond maintained its highest level since 2007. The continued selling pressure on risk assets continues to sweep through the European and American stock markets, with the market remaining focused on the major strike by auto workers and the risk of a U.S. government shutdown.
As of the time of publication, the three major indices edged lower, with the S&P 500 index down 0.61%, the Nasdaq down 0.6%, and the Dow down 0.46%.
Analysis suggests that the continued weakness in the U.S. stock market is mainly due to Federal Reserve officials warning of a smaller rate cut next year, one of the reasons for the recent rise in U.S. bond yields.
Yesterday, Minneapolis Fed President Kashkari pointed out, "If the economy turns out to be much stronger fundamentally than we realized, that will tell me that interest rates may have to be raised a bit more and then kept at a higher level for a longer period to cool down the economy."
JPMorgan Chase CEO Jamie Dimon said that the worst-case scenario for the Fed's benchmark interest rate would be to rise to 7% and experience stagflation. Dimon believes that a 200 basis point increase from 5% to 7% would be more painful than from 3% to 5%, and he is unsure if the world is ready for 7%.
However, compared to the Fed's monetary tightening policy, the financial market faces an even more urgent risk - the approaching U.S. government shutdown crisis. With less than a week remaining until the start of the new fiscal year on October 1, the two parties in Congress have not reached an agreement on a new round of fiscal budget.
Moody's rating agency has warned that if the U.S. government shuts down, the country's top credit rating may not be guaranteed. Moody's is currently the only major credit rating agency to give the United States the highest credit rating.
Focus Stocks
Growth tech stocks weakened, with Meta, Amazon, AMD, and Google falling by more than 1%, while Tesla and Apple dropped by nearly 1%.
Most China concept stocks are trading lower, with KE Holdings falling by over 3%, PDD Holdings and JD.com dropping by nearly 2%, Taiwan Semiconductor dropping by over 1%, and NIO and XPeng Motors falling by approximately 1%.
$KE Holdings (BEKE.US)$Down more than 3%, in terms of news, Lianjia has adjusted the charging method and standards for second-hand housing transaction service fees in Beijing and has been progressing in an orderly manner recently.
Tesla (TSLA.US)Dropped nearly 1%, reports suggest that the EU anti-subsidy investigation may include Tesla.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
JC1616 : Will transfer fund into China market
把握机会 JC1616 : The Hong Kong A-share market is also not ideal