[Morning Report] US economy's pessimism recedes, Mr. Biden's sluggish growth = WSJ survey Tesla, further discounts in China - due to intensifying price competition with BYD
![[Morning Report] US economy's pessimism recedes, Mr. Biden's sluggish growth = WSJ survey Tesla, further discounts in China - due to intensifying price competit...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240304/ba5e7d10bd4e4249b1939d71f2368a3e.png/big?area=105&is_public=true)
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 - 40,300 yen (daily closing price 39,910 yen 82 sen)
● Pessimism about the US economy recedes, support for Mr. Biden sluggish growth = WSJ survey
● There is also a view that there will be no reduction in rice interest rates this year
● Go back to the origin of Mr. Musk's appeal for open AI!
● Tesla further discounts in China due to intensifying price competition with BYD
● Apple is out of hours and major soft rice securities are excluded from the combination list
ー MooMoo News Mark
● [Tokyo Stock Exchange Rate Forecast Range] 39,800 yen - 40,300 yen (daily closing price 39,910 yen 82 sen)
● Pessimism about the US economy recedes, support for Mr. Biden sluggish growth = WSJ survey
● There is also a view that there will be no reduction in rice interest rates this year
● Go back to the origin of Mr. Musk's appeal for open AI!
● Tesla further discounts in China due to intensifying price competition with BYD
● Apple is out of hours and major soft rice securities are excluded from the combination list
ー MooMoo News Mark
Market Overview
In the US stock market on the 1st, the NY Dow Jones Industrial Average continued to rise to 39,087 dollars 38 cents, 90 dollars 99 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 16,274.942, up 183.020 points from the same period. The Tokyo stock market on the 4th is expected to have a broad buying advantage centered on high-tech stocks such as semiconductor-related stocks, etc., and there is a high probability that the Nikkei Stock Average will continue to grow.
In the US stock market on the 1st, the NY Dow Jones Industrial Average continued to rise to 39,087 dollars 38 cents, 90 dollars 99 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 16,274.942, up 183.020 points from the same period. The Tokyo stock market on the 4th is expected to have a broad buying advantage centered on high-tech stocks such as semiconductor-related stocks, etc., and there is a high probability that the Nikkei Stock Average will continue to grow.
Top news
Pessimism about the US economy recedes, support for Mr. Biden sluggish growth = WSJ survey
It became clear in a new opinion poll by the Wall Street Journal (WSJ) that pessimistic views surrounding the economy are receding among American voters. Meanwhile, despite this positive trend, President Joe Biden's evaluation has improved only slightly.
Pessimism about the US economy recedes, support for Mr. Biden sluggish growth = WSJ survey
It became clear in a new opinion poll by the Wall Street Journal (WSJ) that pessimistic views surrounding the economy are receding among American voters. Meanwhile, despite this positive trend, President Joe Biden's evaluation has improved only slightly.
There is also a view that there will be no reduction in rice interest rates this year
There is also a view from economists that there will be no reduction in US interest rates this year. The rise in keynote inflation overlapped with the re-acceleration of US growth, showing the view that interest rate cuts in 2024 would be impossible. It is said that the Federal Reserve will spend most of this year fighting inflation.
There is also a view from economists that there will be no reduction in US interest rates this year. The rise in keynote inflation overlapped with the re-acceleration of US growth, showing the view that interest rate cuts in 2024 would be impossible. It is said that the Federal Reserve will spend most of this year fighting inflation.
The revised manufacturing PMI value for the US February is 52.2
The revised US-February manufacturing PMI value announced at 11:45 p.m. on the 1st Japan time exceeded expectations and was 52.2.
The revised US-February manufacturing PMI value announced at 11:45 p.m. on the 1st Japan time exceeded expectations and was 52.2.
Go back to the origin of Mr. Musk's appeal for open AI!
$Tesla (TSLA.US)$CEO Musk appealed for open AI. It is said that CEO Altman of Open AI established a non-profit research institute and broke the 2015 agreement to develop artificial intelligence (AI) for the benefit of humanity. Mr. Musk co-founded Open AI with Mr. Altman about 10 years ago.
$Tesla (TSLA.US)$CEO Musk appealed for open AI. It is said that CEO Altman of Open AI established a non-profit research institute and broke the 2015 agreement to develop artificial intelligence (AI) for the benefit of humanity. Mr. Musk co-founded Open AI with Mr. Altman about 10 years ago.
Tesla offers further discounts in China due to intensifying price competition with BYD
$Tesla (TSLA.US)$On the 1st, it was announced that buyers of existing “Model 3” and “Model Y” inventory will be able to receive incentives and discounts of several thousand dollars. $BYD COMPANY (01211.HK)$As price competition with Chinese EV manufacturers intensifies, etc., it will be a new initiative.
$Tesla (TSLA.US)$On the 1st, it was announced that buyers of existing “Model 3” and “Model Y” inventory will be able to receive incentives and discounts of several thousand dollars. $BYD COMPANY (01211.HK)$As price competition with Chinese EV manufacturers intensifies, etc., it will be a new initiative.
Apple is out of hours and major soft rice securities are excluded from the combination list
$Apple (AAPL.US)$It remained soft outside of hours. Major US securities companies have removed the same stocks from the concession list. However, the investment decision has maintained a “buy”, and the target stock price has also been raised from the previous 223 dollars to 232 dollars. The securities exclude stocks from the combination list when it is determined that the stock is no longer a top class investment idea in terms of overall US stock coverage.
$Apple (AAPL.US)$It remained soft outside of hours. Major US securities companies have removed the same stocks from the concession list. However, the investment decision has maintained a “buy”, and the target stock price has also been raised from the previous 223 dollars to 232 dollars. The securities exclude stocks from the combination list when it is determined that the stock is no longer a top class investment idea in terms of overall US stock coverage.
Tokyo Stock Exchange Rate Forecast
Stock market forecast for the 4th = continued risk on, to the 40,000 yen mark
Stock market forecast for the 4th = continued risk on, to the 40,000 yen mark
Foreign substitutes
Key Market Events
![[Morning Report] US economy's pessimism recedes, Mr. Biden's sluggish growth = WSJ survey Tesla, further discounts in China - due to intensifying price competit...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240304/1ae674091e4545df8ac1e001d04424fa.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Fisco, Welshadvisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
