Outlook for the US market: Concerns about the Middle East situation have temporarily eased, and the Dow Jones Industrial Average started the day with a gain of 26 points.
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Here is the NY stock market outlook for tonight.![]()
Market Overview
US market starts with the Dow Jones Industrial Average, composed of excellent stocks, up by $26.60 to 37,801.98. The technology-heavy Nasdaq Composite Index started down 54.40 points at 15,547.10. The S&P 500, which consists of 500 large-cap stocks in the US, started down 5.68 points at 5005.44.
Market Overview
US market starts with the Dow Jones Industrial Average, composed of excellent stocks, up by $26.60 to 37,801.98. The technology-heavy Nasdaq Composite Index started down 54.40 points at 15,547.10. The S&P 500, which consists of 500 large-cap stocks in the US, started down 5.68 points at 5005.44.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
The Federal Reserve (FRB) is resetting the timing of rate cuts - questioning whether the interest rates are sufficiently restrictive to the economy.
Following a series of disappointing inflation statistics, the US monetary authorities are forced to reset the timing of the first rate cut and reassess the trajectory of price movements. Federal Reserve Board (FRB) Chairman Powell stated on the 16th that it may take longer than expected to gain the confidence necessary for a rate cut, reinforcing this message and dampening expectations of more than two rate cuts within the year. Concerns have also emerged that there may be no rate cuts at all this year.
Inviting investors to actively invest in funds with a 5% yield - bond giants like PIMCO
Pacific Investment Management (PIMCO), BlackRock, Capital Group, and other bond fund giants are hinting at a potential 5% yield to attract funds to actively managed bond funds. Customers are paying attention.
Biden administration considering supplying over $1 billion in new weapons to Israel - WSJ
The Biden administration is considering supplying over $1 billion (about 155 billion yen) in new weapons to Israel. This was reported by the US newspaper, Wall Street Journal (WSJ), citing information from multiple US officials.
If ECB forecasts inflation below 2%, even a 50bp rate cut is possible - Cicluna
If both the European Central Bank (ECB) and the Federal Reserve Board (FRB) do not make rate cuts, the flagging economy in the eurozone risks facing twin blows, said Cicluna Malta, a member of the policy committee and central bank governor.
Tesla to recall approximately 3,900 units of 'Cybertruck' - Acceleration malfunction
The U.S. electric vehicle (EV) manufacturer $Tesla (TSLA.US)$ is recalling 3,878 units of the electric pickup truck 'Cybertruck' (free collection and repair). They state that the accelerator pedal may detach, leading to unintended acceleration and an increased risk of collision.
Meta, U.S.-Philippines communications network - President Marcos expects job growth
USA $Meta Platforms (META.US)$ On the 19th, the Philippines government connected the trans-Pacific submarine cable linking the Philippines and the United States with the country's core communication network. As part of the Marcos administration's digitalization efforts, it aims to attract overseas companies such as call center operations in the growing industry.
Source: Nikkei, Bloomberg, Dow Jones, Reuters
- moomoo News Zeber
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
The Federal Reserve (FRB) is resetting the timing of rate cuts - questioning whether the interest rates are sufficiently restrictive to the economy.
Following a series of disappointing inflation statistics, the US monetary authorities are forced to reset the timing of the first rate cut and reassess the trajectory of price movements. Federal Reserve Board (FRB) Chairman Powell stated on the 16th that it may take longer than expected to gain the confidence necessary for a rate cut, reinforcing this message and dampening expectations of more than two rate cuts within the year. Concerns have also emerged that there may be no rate cuts at all this year.
Inviting investors to actively invest in funds with a 5% yield - bond giants like PIMCO
Pacific Investment Management (PIMCO), BlackRock, Capital Group, and other bond fund giants are hinting at a potential 5% yield to attract funds to actively managed bond funds. Customers are paying attention.
Biden administration considering supplying over $1 billion in new weapons to Israel - WSJ
The Biden administration is considering supplying over $1 billion (about 155 billion yen) in new weapons to Israel. This was reported by the US newspaper, Wall Street Journal (WSJ), citing information from multiple US officials.
If ECB forecasts inflation below 2%, even a 50bp rate cut is possible - Cicluna
If both the European Central Bank (ECB) and the Federal Reserve Board (FRB) do not make rate cuts, the flagging economy in the eurozone risks facing twin blows, said Cicluna Malta, a member of the policy committee and central bank governor.
Tesla to recall approximately 3,900 units of 'Cybertruck' - Acceleration malfunction
The U.S. electric vehicle (EV) manufacturer $Tesla (TSLA.US)$ is recalling 3,878 units of the electric pickup truck 'Cybertruck' (free collection and repair). They state that the accelerator pedal may detach, leading to unintended acceleration and an increased risk of collision.
Meta, U.S.-Philippines communications network - President Marcos expects job growth
USA $Meta Platforms (META.US)$ On the 19th, the Philippines government connected the trans-Pacific submarine cable linking the Philippines and the United States with the country's core communication network. As part of the Marcos administration's digitalization efforts, it aims to attract overseas companies such as call center operations in the growing industry.
Source: Nikkei, Bloomberg, Dow Jones, Reuters
- moomoo News Zeber
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