Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

[Morning Report] The closing price of the S&P 500 surpassed 5500 for the first time, and Tesla was drastically higher, Chairman Powell “made a big step forward” in the Fed's inflation countermeasures

avatar
moomooニュース米国株 wrote a column · Jul 2 18:05
[Morning Report] The closing price of the S&P 500 surpassed 5500 for the first time, and Tesla was drastically higher, Chairman Powell “made a big step forward”...
Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 39,800 yen - 40,400 yen (2-day closing price 47,74 yen 69 sen)
● “Big step forward” in the Fed's measures against inflation = Chairman Powell
● The Dow average continues to rise, the S&P 500 surpasses 5500 points and the highest value is updated, and Tesla is significantly higher
● The SOX index continued to rise for 3 days, and Allegro Microsystems and Wolfspeed rose
●The number of JOLT job offers in the US in May exceeded expectations and was 8.140 million
● Novo Nordisk, Eli Lilly, Mr. Biden and others criticize drug prices and stock price declines
● Trump's Sentencing Sentence Postponed to September Adultery Hate Fee Trial
ー MooMoo News Mark
Market Overview
In the US stock market on the 2nd, the NY Dow Jones Industrial Average continued to rise 162 dollars 33 cents from the previous business day to 39,331 dollars 85 cents. The Nasdaq Composite Stock Price Index rose 149.463 points to 10,8028.763. The Tokyo Stock Exchange on the 3rd will carry out immediate profit margin sales centered on major stocks, and it is expected that the Nikkei Stock Average will be in the 40,000 yen Tobi range and there will be strong price movements.
Top news
“Big step forward” in the Fed's measures against inflation = Chairman Powell
US Federal Reserve (Fed) Chairman Jerome Powell expressed recognition on the 2nd that inflation, which accelerated at the beginning of this year, has resumed a downward trend. However, it did not come to the point where it was sufficient to justify interest rate cuts. Powell said that the Federal Reserve's measures against inflation “have made significant progress.” He also said, “I want to further strengthen my conviction that inflation is falling continuously before starting the policy mitigation process (...).”
RELATED ARTICLES
Decline in US 10-year bond yields Chairman Powell mentions resuming disinflation trend = NY bond overview
NY Exchange: Selling dollars due to US Federal Reserve Chairman's remarks, buying dollars due to an increase in the number of JOLT job offers
The Dow average continues to rise, the S&P 500 surpasses 5500 points and hits a high, Tesla is significantly higher = US stock overview
The Dow Jones Industrial Average continued to rise in the NY stock market on the 2nd. The S&P 500 surpassed 5500 points and hit a new high on a closing price basis. particularly $Tesla(TSLA.US)$has risen. The sales volume for the April-6 fiscal year (2nd quarter) was announced before the start of the transaction, and although the number of units sold declined for 2 consecutive quarters despite measures taken by CEO Mask, it seems that it exceeded expectations, leading to a sense of security.
RELATED ARTICLES
The SOX index continued to rise for 3 days, and Allegro Microsystems and Wolfspeed rose
[Breaking News] The number of JOLT job offers in May in the US exceeded expectations and was 8.140 million
The number of US May JOLT (Job Recruitment Labor Movement Survey) job offers announced at 11:00 p.m. on the 2nd Japan time exceeded expectations and reached 8.140 million.
[MW] Novo, Lily, Biden and others criticize drug prices, stock price decline
On the US stock market on the afternoon of the 2nd, a major Danish pharmaceutical company $Novo-Nordisk A/S(NVO.US)$ American Depositary Receipts (ADR) are about 1.7% lower than the previous day, major US pharmaceutical companies $Eli Lilly and Co(LLY.US)$It is being sold at a discount of about 0.5%. It is viewed as material that US President Joe Biden and Senator Bernie Sanders (independent, Vermont) contributed to the USA Today newspaper and criticized the prices of obesity and diabetes treatment drugs.
RELATED ARTICLES
US FDA approves Eli Lilly's new Alzheimer's drug
Trump's Sentencing Sentence Postponed to September Adultery Hate Fee Trial
Sentencing was postponed to September in a criminal trial where former US President Donald Trump received a guilty verdict for falsifying business records over adulteration fees. This is because the judge will consider whether the president's immunity judgment by the Supreme Court of the United States will affect Mr. Trump's guilty verdict.
RELATED ARTICLES
Trump insists on immunity from calling for annulment of guilty verdicts over payment of hush fees
Trump Media puts 56.4 billion yen in cash on balance sheet
Foreign substitutes
Key Market Events
[Morning Report] The closing price of the S&P 500 surpassed 5500 for the first time, and Tesla was drastically higher, Chairman Powell “made a big step forward”...
Distributor: Dow Jones, MINKABU, Welshadvisor, Fisco
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
26
+0
1
See Original
Report
139K Views
Comment
Sign in to post a comment
avatar
moomoo News Official Account
28KFollowers
2Following
63KVisitors
Follow