US Market Outlook: Expectations for the Christmas rally are strong, and the Dow Jones Average starts at $19
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This is tonight's reading of NY stocks.![]()
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 19.93 dollars to 37405.90 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, began with a 35.72 point increase of 15028.69. The S&P 500 average, which consists of the stocks of 500 companies that are large American stocks, is 4758.86, which is 4.23 points higher.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 19.93 dollars to 37405.90 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, began with a 35.72 point increase of 15028.69. The S&P 500 average, which consists of the stocks of 500 companies that are large American stocks, is 4758.86, which is 4.23 points higher.
Top news
Wall Street caught up in the prospect of interest rate cuts in US interest rates, turns a blind eye to the harsh reality
Wall Street is booming with expectations of US interest rate cuts in 2024, but the real world has yet to escape the effects of monetary tightening. Over the past two years, central banks have been actively tightening with efforts to control inflation. As a result, borrowing costs for companies and consumers will rise, which is expected to continue to put pressure on spending next year.
Gold prices continue to rise - with US interest rate cuts in 24 and dollar depreciation forecast
Gold prices have risen in the last trading week of this year. Traders are looking ahead to lower US interest rates and depreciation of the dollar in 2024. The swap market currently incorporates over 80% of the probability that the US Federal Reserve will cut policy interest rates by next March. This is bullish news for non-interest assets such as gold.
US FHFA house price index rose 0.3% from the previous month in October - lower than expected
According to the US Federal Housing Finance Agency (FHFA), the housing price index for October rose 0.3% from the previous month. Market expectations were up 0.5%. It rose 6.3% from the same month last year.
IPO in '24 “the highest number of gimmick projects” Goldman executives
Central banks in the US and Europe continued to tighten monetary tightening in 2023, and the global initial public offering (IPO) market was unable to break out of the slump. Will IPOs be revived in '24 when major central banks are expected to turn to interest rate cuts? rice $Goldman Sachs (GS.US)$David Ludwick, who oversees the global equity and capital markets division, stated that “the number of projects in process is at a record high level,” and expressed expectations for a recovery in new listings.
US, going back to eating out, no going back to work, new normal in 4 years with the novel coronavirus
Four years have passed since people infected with the novel coronavirus were first confirmed in the United States in 2024/1. We were temporarily forced into lockdown (city blockade), but COVID-19 countermeasures are now a thing of the past. While eating out and leisure have completely revived, the office attendance rate plateaued at 50%, and the “new normal” after COVID-19 became established.
buy signal? Former Speaker of the House Pelosi buys NVIDIA shares worth 5 million dollars as an option
On the 25th, former Speaker of the House Nancy Pelosi, who is called the “god of investment on Capitol Hill,” said on November 22, $NVIDIA (NVDA.US)$ It was reported that 50 call options with an exercise price of 120 dollars and a deadline of 2024/12/20 were purchased.
Cathy Wood buys LINE Yahoo shares for the first time in a year
Last week, Kathy Wood bought shares of Yahoo Japan and LINE Yahoo, which operates LINE, for the first time in about a year. It shows the possibility that sentiment towards the company will change more positively.
Wall Street caught up in the prospect of interest rate cuts in US interest rates, turns a blind eye to the harsh reality
Wall Street is booming with expectations of US interest rate cuts in 2024, but the real world has yet to escape the effects of monetary tightening. Over the past two years, central banks have been actively tightening with efforts to control inflation. As a result, borrowing costs for companies and consumers will rise, which is expected to continue to put pressure on spending next year.
Gold prices continue to rise - with US interest rate cuts in 24 and dollar depreciation forecast
Gold prices have risen in the last trading week of this year. Traders are looking ahead to lower US interest rates and depreciation of the dollar in 2024. The swap market currently incorporates over 80% of the probability that the US Federal Reserve will cut policy interest rates by next March. This is bullish news for non-interest assets such as gold.
US FHFA house price index rose 0.3% from the previous month in October - lower than expected
According to the US Federal Housing Finance Agency (FHFA), the housing price index for October rose 0.3% from the previous month. Market expectations were up 0.5%. It rose 6.3% from the same month last year.
IPO in '24 “the highest number of gimmick projects” Goldman executives
Central banks in the US and Europe continued to tighten monetary tightening in 2023, and the global initial public offering (IPO) market was unable to break out of the slump. Will IPOs be revived in '24 when major central banks are expected to turn to interest rate cuts? rice $Goldman Sachs (GS.US)$David Ludwick, who oversees the global equity and capital markets division, stated that “the number of projects in process is at a record high level,” and expressed expectations for a recovery in new listings.
US, going back to eating out, no going back to work, new normal in 4 years with the novel coronavirus
Four years have passed since people infected with the novel coronavirus were first confirmed in the United States in 2024/1. We were temporarily forced into lockdown (city blockade), but COVID-19 countermeasures are now a thing of the past. While eating out and leisure have completely revived, the office attendance rate plateaued at 50%, and the “new normal” after COVID-19 became established.
buy signal? Former Speaker of the House Pelosi buys NVIDIA shares worth 5 million dollars as an option
On the 25th, former Speaker of the House Nancy Pelosi, who is called the “god of investment on Capitol Hill,” said on November 22, $NVIDIA (NVDA.US)$ It was reported that 50 call options with an exercise price of 120 dollars and a deadline of 2024/12/20 were purchased.
Cathy Wood buys LINE Yahoo shares for the first time in a year
Last week, Kathy Wood bought shares of Yahoo Japan and LINE Yahoo, which operates LINE, for the first time in about a year. It shows the possibility that sentiment towards the company will change more positively.
ー Moo Moo News Zeber
Distribution source: Bloomberg, Moomoo, Nihon Keizai Shimbun, MINKABU
Distribution source: Bloomberg, Moomoo, Nihon Keizai Shimbun, MINKABU
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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