US market outlook: A general shareholders' meeting is scheduled to be held at 1:00 p.m. on the 27th, NVIDIA makes small moves, and the Dow average starts at a depreciation of 49 dollars

Good evening to all Moomoo users!This is the reading for tonight's NY stock.

Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell by 49.01 dollars to 39063.15 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 20.38 points and began at 17697.27. The S&P 500 average, which consists of stocks of 500 large American stocks, fell 8.59 points to 5460.71.

Focus on mitigation policies
● ECB Board member Olli Rehn suggested the possibility that interest rate cuts will be implemented 2 more times this year.
● ECB Board Director Olli Lane stated that expectations for two additional interest rate cuts were “reasonable” while ECB policy makers most clearly commented on the interest rate cut route.
● Stock prices rose mainly in the high-tech sector in response to an increase in NVIDIA, which boosted the S&P 500 stock price index. It seems that US stock futures will also rise today and trading will begin.

A bold bet
● US traders are increasingly betting on options that would benefit if the Federal Reserve (Fed) cuts interest rates by 300 basis points over the next 9 months.
● Unless the US economy falls into a sudden recession, it is unlikely that such an outcome will occur (in the market, there is a general view that an easing of about 75 basis points will be carried out over the past 9 months), but there is also a possibility that this bet is being used to hedge other investments.

AI is driving a strong recovery in the storage market
● It is reported that Samsung will raise the prices of DRAM (Dynamic Random Access Memory) and NAND by 15 to 20% in the 3rd quarter, but this is because the rapid increase in AI demand will lead to intensification of memory competition, and it is expected that Samsung Electronics' performance will improve in the second half of the year.
● According to data from market research firm DRAM Exchange, global enterprise NAND flash memory sales in the first quarter of this year reached 3.758 billion US dollars, an increase of 62.9% from the previous year. Growth in demand has led to shortages in supply of several products, and customers are struggling to ensure increased supply motivation.
● A semiconductor industry insider said, “Customers usually only present demand forecasts for the next quarter, but now they have begun presenting full-year plans to semiconductor manufacturers, which shows that they place great importance on securing supply. It is currently a seller's market, so there is a possibility that the final negotiated price will exceed a 15% increase.”