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Outlook for the US market: Bitcoin resumes its rise, aiming to surpass $0.1 million. The Dow starts 37 points higher.

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moomooニュース米国株 wrote a column · Nov 29, 2024 22:33
Outlook for the US market: Bitcoin resumes its rise, aiming to surpass $0.1 million. The Dow starts 37 points higher.
Good evening, Moomoo users!Tonight's analysis of NY stocks.
Market Overview
The US market opened with the Dow Jones Industrial Average, consisting of quality stocks, starting at 44,760.05 dollars, up 37.99 dollars, and the Nasdaq Composite Index, with a high proportion of technology stocks, starting at 19,087.47, up 26.99 points. The S&P 500 Index, consisting of 500 large-cap US stocks, started at 6,003.98, up 5.24 points.
Outlook for the US market: Bitcoin resumes its rise, aiming to surpass $0.1 million. The Dow starts 37 points higher.
Top News
The arrival of 'Black Friday'. Closing 3 hours early today due to Thanksgiving holiday.
As it is the day after Thanksgiving, the US stock market on Friday will close three hours earlier at 3 am JST.Investors remain optimistic despite the shortened trading hours, with a particularly bullish outlook on small cap stocks still strong. Expectations for robust consumer spending due to the holiday season supporting the overall economy continue to boost market sentiment.Closing 3 hours earlier. Even though the trading hours have been shortened, investors' optimistic views seem unaffected, especially the bullish view on small-cap stocks remains strong. Expectations that individual consumption will remain robust due to the holiday season supporting the entire economy are further boosting market sentiment, as anticipated by many investment institutions.
Related Article:"Black Friday" retail battle intensifies, providing investment opportunities for the retail trade sector. Which stocks are likely to benefit?
The Biden administration is considering further regulations on semiconductors for China = sources.
● The Biden administration is considering further restrictions on the sale of semiconductor manufacturing equipment and artificial intelligence memory chips to China, but Bloomberg reported on the 28th, citing sources, that it is unlikely to take stricter measures than previously proposed. The Biden administration is expected to announce the latest measures as early as next week, Wired reported on the 27th.
● US chip makers have long warned that stricter measures by the US government would cause immense damage to their business. For months, US companies have opposed unilateral US government regulations on Chinese suppliers. The Japanese and Dutch governments are resisting recent US pressure to strengthen chip export controls. US companies fear being put at a disadvantage compared to Japanese and Dutch companies due to unilateral US regulations.
Bitcoin recovers to the $97,000 range, rising to $0.1 million again.
●先週末、ビットコインは0.1 millionドルの大台に迫る勢いを見せたが、わずか300ドル足らず跳ね返され、火曜日に一時0.09 millionドル台に失速した。今日ビットコインは一時0.09 million7500ドルまで回復、再び0.1 millionドルの大台に向かって上昇している。足元では0.09 million7100ドルでの取引を続けている。
●ブルームバーグのデータによると、米国で取引されているビットコイン現物型ETF(上場投資信託)12銘柄への資金流入が急増している。11月の純流入額は6.2 billionドル(約930 billion円)に達し、これまでの最高記録だった2月の6 billionドルを上回った。
●トランプ氏の再選以来、 $Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Dogecoin (DOGE.CC)$などの暗号資産はそれぞれ38%、46%、135%上昇し、株式市場を大きく上回っている。専門家は、tailwind policyandcontinual inflow of fundsInstitutions entering the marketetc, the long-term cryptocurrency marketBecoming a supporting factor for the long-term growth of the cryptocurrency marketpointing out.
The dollar's strength from the Trump trade is easing, with the USD/JPY temporarily falling to 149.53 yen.
President Trump's nomination of Mr. Bescent as the next Secretary of the Treasury has led to optimism that tariffs will be restrained, causing U.S. bonds to rise. The dollar index has fallen by over 1% this week, marking the largest weekly decline in three months.
Following the release of the Tokyo CPI for November in the morning, which exceeded expectations, speculations of a December interest rate hike by the Bank of Japan increased, resulting in a significant rise in the yen.The yen briefly surpassed the important milestone of 150 yen against the dollar.As the pressure for yen appreciation intensifies, $Toyota Motor (7203.JP)$Automobile stocks sensitive to exchange rate movements, such as etc, were sold off.
StoneX Financial's FX trader, Minze Wu, expects, "Until President Trump takes office in January next year, the dollar will remain range-bound, and when President Trump announces policies, the direction of the dollar will become clear."
Google, illegal expansion of market share in online advertising business = Canadian authorities
Canada's Competition Bureau (CCB), a competition policy agency, claims that Google from the U.S. illegally expanded its market share in the online advertising business. The headache of regulation has increased for the company.
Quantum computer stocks surge, market size to reach 850 billion dollars by 2040
Over the past month, quantum computer-related stocks have soared, with their increase far surpassing AI and Bitcoin-related stocks. Some stocks have even doubled in price.
Major tech companies are strengthening research and development investment and expanding applications in the field of quantum computing technology. $Amazon (AMZN.US)$Its subsidiary AWS announced the launch of the "Quantum Embark Program" to assist customers in preparing for quantum computing. Google - Class AOn November 18th, Nvidia (NVDA.US)announced a partnership towards realizing quantum computing technology.
IonQ predicts that the quantum computing market will expand to $65 billion by 2030 and $850 billion by 2040.
Related articles:3 Selected US Stocks for "Quantum Computing"! A potential Tenbagger? Gaining momentum with strong performance and Amazon support.
This week will mark the end of trading for November. Attention will continue to focus on Mr. Trump's policy direction and economic indicators as we head towards the Christmas market in December following the holiday break.
Related Article:What are the key events for December in the US stock market to watch? Such as FRB policy interest rates, statements by FRB Chairman Powell, and the US November Consumer Price Index.
- moomoo News Vicky
Source: moomoo, Bloomberg
This article utilizes auto-translation in some parts.
Outlook for the US market: Bitcoin resumes its rise, aiming to surpass $0.1 million. The Dow starts 37 points higher.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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