[Morning Report] Stock sales/government bond purchases/149 yen range, Amazon falls and Apple rises outside risk aversion hours due to economic concerns, financial results received

Market Overview
In the US stock market on the 1st, the NY Dow Jones Industrial Average fell to 0.04 million347 dollars 97 cents, 494 dollars 82 cents lower than the previous business day, for the first time in 3 days. The Nasdaq Composite Stock Price Index fell 405.255 points to 0.01 million7194.145. As the risk aversion mood intensifies further in the Tokyo stock market on the 2nd, the Nikkei Stock Average is likely to continue to plummet. There is a possibility that it will break through the 0.03 million7000 yen level all at once due to a drop above 1000 yen.

Top news
Risk avoidance due to economic concerns, stock sales/government bond purchases
Ahead of the US employment statistics for the 2nd, indicators showing uncertainty about the future of the US economy were conveyed, and risk aversion movements spread. Long-term interest rates fell below 4% due to government bond purchases, the NASDAQ index fell 2% due to risk asset sales, and the SOX index fell 7%. It rose 13% the day before $NVIDIA(NVDA.US)$It also completely reversed and fell 7%. By industry, things are generally weak, starting with semiconductors. Defensive public goods and household goods and personal goods have gone retrograde.
(Related article:“Capitol Hill's God of Investment” is once again a hand from God! What will happen to NVIDIA's “roller coaster” market price?）

Note, the July portion of ADP employment statistics, which is a leading indicator of employment statistics, was +0.122 million people, and growth was the lowest since January. If the labor market decelerates, the probability of interest rate cuts will increase further, but a sharp deceleration will lead to concerns about a recession. Attention will be drawn to tonight's employment statistics.

US ISM manufacturing business climate index/June construction spending, lower than expected, dollar sales advantage
The ISM manufacturing business climate index for July was 46.8, and contrary to improvement expectations, it deteriorated from 6/48.5. It fell below 50, which is the boundary between expansion and contraction of activities for 4 consecutive months. The US bond rate continued to rise in response to results that fell short of expectations. The dollar and yen are in the 149 yen range.

Leading US employment statistics index for July suggests labor market deceleration
Ahead of the July employment statistics announcement, leading indicators of employment statistics suggest a slowdown in the labor market. If the labor market deceleration is proven by the results of employment statistics, the market is even more convinced that the Fed will cut interest rates at the September FOMC. At the same time, speculation surfaced that the Fed would be forced to cut interest rates drastically due to a rapid economic slowdown.

Amazon falls 5% overtime, operating profit forecasts fall short of expectations, investment in AI is important
$Amazon(AMZN.US)$It fell outside of hours. Financial results for the fiscal year ending April-June (2nd quarter) were announced after closing, and in addition to 1 share profit exceeding expectations, sales also increased 10% and exceeded expectations. The cloud Amazon Web Services (AWS) increased sales by 19%, which also exceeded expectations. However, the strong performance of AWS was offset by a slump in the e-commerce business, and sales from both seller services and advertisements fell short of expectations.

Apple received financial results and was slightly higher and iPad was doing well, and the Chinese market was not doing well
$Apple(AAPL.US)$It rose slightly outside of hours. Financial results for the fiscal year ending April-6 were announced after closing, and in addition to earnings per share exceeding expectations, sales also exceeded expectations. Although iPhone sales declined to 39.3 billion dollars, they exceeded expectations.

Intel also announced the suspension of dividends and large-scale personnel cuts where the sales forecast is 20% lower than expected outside of settlement time
$Intel(INTC.US)$It fell drastically outside of hours. Financial results for the fiscal year ending April-6 were announced after closing, and in addition to earnings per share falling below expectations, sales also declined and fell short of expectations.

Financial results digest for other major US stocks
・ $Marathon Digital(MARA.US)$Sales increased and operating deficit widened in the April-6 fiscal year
・ $The AES Corp(AES.US)$Sales declined in the April-6 fiscal year, and the final surplus turned into a surplus
・ $Coinbase(COIN.US)$Sales increased and operating surpluses turned into an operating surplus in the April-6 fiscal year
・ $Monolithic Power Systems(MPWR.US)$Increased sales and operating profit for the April-6 fiscal year

What are some important events for US stocks to watch in August? NVIDIA Apple financial results, FOMC minutes, Jackson Hole meeting, etc.

The day before, “Shares bought!” Total rough — what are the expected stocks leading up to today? ―
$Hitachi(6501.JP)$Ya $Advantest(6857.JP)$、 $SBI Sumishin Net Bank(7163.JP)$、 $Toei Animation(4816.JP)$ 、 $Socionext(6526.JP)$etc

Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 2nd = continued sharp decline, breaking the 37,000 yen level all at once