[Morning Report] US Department of Justice sues Apple - suspected of violating antitrust law over iPhones, US stocks continued to rise for 4 days and hit a high
![[Morning Report] US Department of Justice sues Apple - suspected of violating antitrust law over iPhones, US stocks continued to rise for 4 days and hit a high](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240322/49be83518c2e37283e4fdea715242b12.png/big?area=105&is_public=true)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 40,500 yen - 40,1200 yen (closing price on the 21st 4815 yen 66 sen)
● US Department of Justice sues Apple - suspected of violating antitrust law over iPhones
● The number of new weekly unemployment insurance claims in the US is lower than expected, and dollar purchases are getting stronger
●The preliminary US-March manufacturing PMI value exceeded expectations by 52.5
● The number of second-hand housing sales in the US is at a high level for the first time in a year due to an unexpected drastic increase
● [US stocks] 4 days of continuous increase, high price update
● Reddit listing, first-day closing price increased 48%
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 40,500 yen - 40,1200 yen (closing price on the 21st 4815 yen 66 sen)
● US Department of Justice sues Apple - suspected of violating antitrust law over iPhones
● The number of new weekly unemployment insurance claims in the US is lower than expected, and dollar purchases are getting stronger
●The preliminary US-March manufacturing PMI value exceeded expectations by 52.5
● The number of second-hand housing sales in the US is at a high level for the first time in a year due to an unexpected drastic increase
● [US stocks] 4 days of continuous increase, high price update
● Reddit listing, first-day closing price increased 48%
— MooMoo News Kathy
Market Overview
In the US stock market on the 21st, the NY Dow Jones Industrial Average continued to rise for 4 days to 39,781 dollars 37 cents, 269 dollars, 24 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 16,401.836, up 32.428 points from the same period. Risk appetite continues in the Tokyo stock market on the 22nd, and there is a possibility that buying will spread over a wide area, starting with major stocks, and the Nikkei Stock Average will rise to the 41,000 yen range.
In the US stock market on the 21st, the NY Dow Jones Industrial Average continued to rise for 4 days to 39,781 dollars 37 cents, 269 dollars, 24 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 16,401.836, up 32.428 points from the same period. Risk appetite continues in the Tokyo stock market on the 22nd, and there is a possibility that buying will spread over a wide area, starting with major stocks, and the Nikkei Stock Average will rise to the 41,000 yen range.
Top news
US Department of Justice sues Apple - suspected of violating antitrust law over iPhones
The US Department of Justice and 16 attorneys general from California etc. are on the 21st, US $Apple(AAPL.US$A lawsuit was filed against the company for blocking competitors' access to the hardware and software functions of “iPhone (iPhone)” and violating the Antitrust Law (Antimonopoly Law).
US Department of Justice sues Apple - suspected of violating antitrust law over iPhones
The US Department of Justice and 16 attorneys general from California etc. are on the 21st, US $Apple(AAPL.US$A lawsuit was filed against the company for blocking competitors' access to the hardware and software functions of “iPhone (iPhone)” and violating the Antitrust Law (Antimonopoly Law).
The number of new weekly unemployment insurance claims in the US is forecast to decline, and dollar purchases are getting stronger
The number of new unemployment insurance claims for the last week (3/16) announced by the U.S. Department of Labor fell 2000 from the previous week to 210,000, which was lower than the forecast of 213,000. The number of continuous unemployment insurance recipients (3/9) was 1.87 million, an increase more than expected from the previous time of 1.803 million, making it the highest since the end of January. The March Philadelphia Fed Manufacturing Business Condition Index, which was announced at the same time, was 3.2, and the slowdown from 2/5.2 was unexpectedly positive for 2 consecutive months.
The number of new unemployment insurance claims for the last week (3/16) announced by the U.S. Department of Labor fell 2000 from the previous week to 210,000, which was lower than the forecast of 213,000. The number of continuous unemployment insurance recipients (3/9) was 1.87 million, an increase more than expected from the previous time of 1.803 million, making it the highest since the end of January. The March Philadelphia Fed Manufacturing Business Condition Index, which was announced at the same time, was 3.2, and the slowdown from 2/5.2 was unexpectedly positive for 2 consecutive months.
The preliminary US manufacturing PMI value for March was 52.5 above expectations
The preliminary US-March manufacturing PMI value announced at 10:45 p.m. on the 21st Japan time exceeded expectations and was 52.5. The preliminary service industry PMI value for March exceeded expectations and was 51.7.
The preliminary US-March manufacturing PMI value announced at 10:45 p.m. on the 21st Japan time exceeded expectations and was 52.5. The preliminary service industry PMI value for March exceeded expectations and was 51.7.
The number of second-hand housing sales in the US is at a high level for the first time in a year due to an unexpected drastic increase
The number of second-hand housing sales in the US increased drastically in February, reaching a high level for the first time in a year. Inventories have increased significantly, and it was suggested that both sellers and buyers are accepting the reality of rising mortgage interest rates.
The number of second-hand housing sales in the US increased drastically in February, reaching a high level for the first time in a year. Inventories have increased significantly, and it was suggested that both sellers and buyers are accepting the reality of rising mortgage interest rates.
[US stocks] 4 days of continuous increase, high price update
The US stock exchange rate continued to rise for 4 days on the 21st. All three major indices hit their highest values for 2 days in a row. Market strength, which began with the policy interest rate decision by the US Federal Reserve (Fed) the day before, was spurred by the rapid increase in the number of US second-hand housing sales in February, with a 9.5% increase from the previous month.
The US stock exchange rate continued to rise for 4 days on the 21st. All three major indices hit their highest values for 2 days in a row. Market strength, which began with the policy interest rate decision by the US Federal Reserve (Fed) the day before, was spurred by the rapid increase in the number of US second-hand housing sales in February, with a 9.5% increase from the previous month.
Lululemon stock falls, sales forecast falls short of expectations - suggests a slowdown in growth
Yoga wear manufacturer'sLululemon Athletica $Lululemon Athletica(LULU.US$ The sales forecast for February-April (first quarter) and the full year shown by did not reach market expectations.
Related articles:Nike continues to rebuild sales and profit for the 12-2 fiscal year
Yoga wear manufacturer'sLululemon Athletica $Lululemon Athletica(LULU.US$ The sales forecast for February-April (first quarter) and the full year shown by did not reach market expectations.
Related articles:Nike continues to rebuild sales and profit for the 12-2 fiscal year
Listed on Reddit, closing price on the first day rose 48%
Popular US SNS site management company $Reddit(RDDT.US$was listed on the New York Stock Exchange (NYSE) on the 21st. The closing price on the first day of trading was $50.44, 48% above the IPO price. Based on this closing price, the total stock market value rises to approximately 9.5 billion dollars (1.44 trillion yen).
Popular US SNS site management company $Reddit(RDDT.US$was listed on the New York Stock Exchange (NYSE) on the 21st. The closing price on the first day of trading was $50.44, 48% above the IPO price. Based on this closing price, the total stock market value rises to approximately 9.5 billion dollars (1.44 trillion yen).
Tokyo Stock Exchange Rate Forecast
Stock market forecast for the 22nd = continued growth, view in the 41,000 yen range due to simultaneous global stock appreciation
Stock market forecast for the 22nd = continued growth, view in the 41,000 yen range due to simultaneous global stock appreciation
Foreign substitutes
Key Market Events
![[Morning Report] US Department of Justice sues Apple - suspected of violating antitrust law over iPhones, US stocks continued to rise for 4 days and hit a high](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240322/b2d781444160203abf65aaf38a5eb74f.png/big?area=105&is_public=true)
![[Morning Report] US Department of Justice sues Apple - suspected of violating antitrust law over iPhones, US stocks continued to rise for 4 days and hit a high](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240322/1711063354474-f5ea0cfc85.png/big?area=105&is_public=true)
Distribution source: Dow Jones, MINKABU, Fisco, Bloomberg, Wells Advisor, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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