[Morning Report] US NASDAQ overall, highest price in 2 years - AI-related towing Bitcoin ETF shook Wall Street, shock to virtual currency market
![[Morning Report] US NASDAQ overall, highest price in 2 years - AI-related towing Bitcoin ETF shook Wall Street, shock to virtual currency market](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240301/9dd3be0dd3a142939f266860ba46225b.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] 39,000 yen - 39,500 yen (2/29 closing price 39,166 yen 19 sen)
● The US NASDAQ overall, the highest price in history, led by AI-related stocks
●Price targets have not been realized or foreseen - Bank of Japan Governor Ueda
● Bitcoin ETF that shook Wall Street, the impact spread to the virtual currency market
● AMD's total market value has surpassed 300 billion dollars, and expectations for AI chips are a tailwind
● Struggling to pass car loan examinations, stricter credit pushes American consumers
● India approves plans for 3 semiconductor plants Tata, Renesas, etc.
● Trump, the crisis of empire-release - are large losses inevitable due to poor commercial real estate
ー MooMoo News Mark
● [Tokyo Stock Exchange Rate Forecast Range] 39,000 yen - 39,500 yen (2/29 closing price 39,166 yen 19 sen)
● The US NASDAQ overall, the highest price in history, led by AI-related stocks
●Price targets have not been realized or foreseen - Bank of Japan Governor Ueda
● Bitcoin ETF that shook Wall Street, the impact spread to the virtual currency market
● AMD's total market value has surpassed 300 billion dollars, and expectations for AI chips are a tailwind
● Struggling to pass car loan examinations, stricter credit pushes American consumers
● India approves plans for 3 semiconductor plants Tata, Renesas, etc.
● Trump, the crisis of empire-release - are large losses inevitable due to poor commercial real estate
ー MooMoo News Mark
Market Overview
In the US stock market on the 31st, the NY Dow Jones Industrial Average rebounded for the first time in 4 days to 38,996 dollars 39 cents, 47 dollars 37 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 144.184 points to 10,6091.922. The Tokyo stock market on the 1st is expected to be strong, but it is not one-sided buying, and it is expected that the Nikkei Stock Average will strike a balance even in the first half of the 39,000 yen range due to conflicting views between strengths and weaknesses near the previous day's closing price.
In the US stock market on the 31st, the NY Dow Jones Industrial Average rebounded for the first time in 4 days to 38,996 dollars 39 cents, 47 dollars 37 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 144.184 points to 10,6091.922. The Tokyo stock market on the 1st is expected to be strong, but it is not one-sided buying, and it is expected that the Nikkei Stock Average will strike a balance even in the first half of the 39,000 yen range due to conflicting views between strengths and weaknesses near the previous day's closing price.
Top news
The US NASDAQ combined is led by the highest AI-related stocks in history
The Nasdaq Composite Stock Price Index, which is the main stock price index in the US stock market on the 29th, hit an all-time high for the first time in about 2 years and 3 months. Semiconductor-related brands made a breakthrough in anticipation of growing demand for artificial intelligence (AI) as a tailwind. Financial results for the fiscal year ending 2023/11/24 were strong $NVDA.US$ Or, semiconductor design's $AVGO.US$etc. rose to the top of the market capitalization, and became the driving force behind the high price update.
The US NASDAQ combined is led by the highest AI-related stocks in history
The Nasdaq Composite Stock Price Index, which is the main stock price index in the US stock market on the 29th, hit an all-time high for the first time in about 2 years and 3 months. Semiconductor-related brands made a breakthrough in anticipation of growing demand for artificial intelligence (AI) as a tailwind. Financial results for the fiscal year ending 2023/11/24 were strong $NVDA.US$ Or, semiconductor design's $AVGO.US$etc. rose to the top of the market capitalization, and became the driving force behind the high price update.
Price targets have not been realized or foreseen - Bank of Japan Governor Ueda
Bank of Japan Governor Ueda Kazuo expressed recognition on the 29th (local time) that the achievement of the 2% price target was not foreseeable. I spoke at a press conference after the 20 countries/regions (G20) finance ministers and central bank governors meeting held in Sao Paulo, Brazil.
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Bank of Japan Governor Ueda Kazuo expressed recognition on the 29th (local time) that the achievement of the 2% price target was not foreseeable. I spoke at a press conference after the 20 countries/regions (G20) finance ministers and central bank governors meeting held in Sao Paulo, Brazil.
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Governor Mester said PCE statistics showed that the US Financial Services Authority has work to do
Regarding the inflation data announced on February 29, President Mester of the US Cleveland Federal Reserve stated that while the US financial authorities showed that there is still work to be done to suppress upward pressure on prices, it did not change his own view that the authorities would cut interest rates three times by the end of the year.
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Regarding the inflation data announced on February 29, President Mester of the US Cleveland Federal Reserve stated that while the US financial authorities showed that there is still work to be done to suppress upward pressure on prices, it did not change his own view that the authorities would cut interest rates three times by the end of the year.
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Bitcoin ETF that shook Wall Street, the shock spread to the virtual currency market
Bitcoin spot exchange-traded funds (ETFs) approved in the US are shaking the underlying bitcoin market. Demand expanded, and the net inflow of funds exceeded 7 billion dollars (about 1.5 trillion yen) in less than 2 months. Bitcoin has risen by more than 45% since the beginning of the year, and at one point it surpassed around 63,000 dollars. Approximately 69,000 dollars, the highest value recorded during the novel coronavirus disaster, is in sight.
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Bitcoin rises towards the highest price — also showing a bearish signal
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Novogratz says there is a possibility that Bitcoin will enter an adjustment phase before the highest price is updated
Bitcoin spot exchange-traded funds (ETFs) approved in the US are shaking the underlying bitcoin market. Demand expanded, and the net inflow of funds exceeded 7 billion dollars (about 1.5 trillion yen) in less than 2 months. Bitcoin has risen by more than 45% since the beginning of the year, and at one point it surpassed around 63,000 dollars. Approximately 69,000 dollars, the highest value recorded during the novel coronavirus disaster, is in sight.
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Novogratz says there is a possibility that Bitcoin will enter an adjustment phase before the highest price is updated
AMD's total market capitalization has surpassed 300 billion dollars, and expectations for AI chips are a tailwind
US semiconductor manufacturer, $AMD.US$The stock price increased rapidly in trading on the 29th, and the total market value surpassed 300 billion dollars (about 45 trillion yen). The view that it will benefit from the artificial intelligence (AI) boom has been fueled. The stock price temporarily rose 8.5%. Prices have more than doubled since the low in October last year.
US semiconductor manufacturer, $AMD.US$The stock price increased rapidly in trading on the 29th, and the total market value surpassed 300 billion dollars (about 45 trillion yen). The view that it will benefit from the artificial intelligence (AI) boom has been fueled. The stock price temporarily rose 8.5%. Prices have more than doubled since the low in October last year.
Struggling to pass car loan examinations, stricter credit pushes American consumers
In the US, it has become even more difficult to get approval in car loan examinations. While households are being pressured by high interest rates and high automobile prices, banks are concerned about the risk of default (default on debt).
In the US, it has become even more difficult to get approval in car loan examinations. While households are being pressured by high interest rates and high automobile prices, banks are concerned about the risk of default (default on debt).
India approves plans for 3 semiconductor plants Tata, Renesas, etc.
On the 29th, the Indian government approved the establishment of 3 semiconductor factories in the same country. Major local Tata conglomerates $RNECY.US$According to plans such as, the total investment amount is 1.256 trillion rupees (approximately 2.2 trillion yen). As the review of the supply chain (supply network) progresses against the backdrop of the US-China confrontation, they are rushing to attract the semiconductor industry through subsidies, etc.
On the 29th, the Indian government approved the establishment of 3 semiconductor factories in the same country. Major local Tata conglomerates $RNECY.US$According to plans such as, the total investment amount is 1.256 trillion rupees (approximately 2.2 trillion yen). As the review of the supply chain (supply network) progresses against the backdrop of the US-China confrontation, they are rushing to attract the semiconductor industry through subsidies, etc.
Trump, the crisis of empire-release - are large losses inevitable due to poor commercial real estate
In documents submitted to the court on the 28th, Mr. Trump complained that there is an immediate possibility that it will be necessary to “raise funds under critical circumstances” in order to appeal against the verdict that ordered payment of 454 million dollars (about 68 billion yen). The commercial real estate market, which is extremely tough for many owners, means that if Mr. Trump relinquishes his real estate empire, he will not escape significant losses.
In documents submitted to the court on the 28th, Mr. Trump complained that there is an immediate possibility that it will be necessary to “raise funds under critical circumstances” in order to appeal against the verdict that ordered payment of 454 million dollars (about 68 billion yen). The commercial real estate market, which is extremely tough for many owners, means that if Mr. Trump relinquishes his real estate empire, he will not escape significant losses.
Tokyo Stock Exchange Rate Forecast
Is the one-day stock exchange rate forecast = strong trend, or is the NASDAQ index the highest value in history due to strong US stocks
Is the one-day stock exchange rate forecast = strong trend, or is the NASDAQ index the highest value in history due to strong US stocks
Foreign substitutes
Key Market Events
![[Morning Report] US NASDAQ overall, highest price in 2 years - AI-related towing Bitcoin ETF shook Wall Street, shock to virtual currency market](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240301/556733616f5344b1aabe25ece4046db4.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Bloomberg, Nihon Keizai Shimbun, Welshadvisor, Fisco
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