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Outlook for the USA market: Focus on the annual revision of US CPI. S&P 500 breaks through the 5000 mark.

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moomooニュース米国株 wrote a column · Feb 9 08:39
Outlook for the USA market: Focus on the annual revision of US CPI. S&P 500 breaks through the 5000 mark.
Good evening, moomoo users!Here is the NY Stock Market outlook for tonight.
Market Overview
Starting the USA market, the Dow Jones Industrial Average, composed of high-quality stocks, opened at $38,731.97, up $5.64, with the Nasdaq Composite Index, which has a high proportion of tech stocks, starting at 15,842.38, up 48.67 points. The S&P 500, consisting of 500 large-cap stocks in the USA, opened at 5004.17, up 6.26 points.
Outlook for the USA market: Focus on the annual revision of US CPI. S&P 500 breaks through the 5000 mark.
Top news
The annual revision of the US CPI, the core in the fourth quarter of 2023 rose by 3.3% year-on-year, unchanged.
In the annual revision of the Consumer Price Index (CPI) announced by the US Bureau of Labor Statistics (BLS) on the morning of the 9th, the core index excluding food and energy for October-December 2023 (fourth quarter) remained unchanged at a 3.3% increase from the same month last year.
OpenAI's Sam Altman is negotiating funding for semiconductors, according to US reports.
It has been revealed that Sam Altman, CEO of OpenAI developing the conversational AI chat GPT, is negotiating with the government of the United Arab Emirates (UAE) for funding to invest in semiconductors.
Bitcoin surpasses $0.046 million, approaching the high in January.
The Bitcoin price is rising again, approaching the high set in January. According to CoinDesk, it is currently trading around $0.046 million to $0.0468 million.
PepsiCo's full-year results for December 2023 show increased revenue and profits, with a 6% increase in revenue to $91.4 billion.
$PepsiCo (PEP.US)$For the full year ending December 2023 (January-December 2023), there was an increase in revenue and operating profits. According to the 8-K (Form 8-K report) released after the end of regular trading on February 8th in the US, the full-year performance showed revenue increased by 5.9% to $91.4 billion compared to the previous period.
Bank default risks spreading to Europe - Mr. Goran of Mann Group
$New York Community Bancorp (NYCB.US)$The turmoil in the banking sector, shaking such as, is not limited to the United States, and Jonathan Goran, portfolio manager at the hedge fund company Mann Group, indicated the possibility of default (debt default) spreading to Europe.
moomoo news from Citron
Source: Bloomberg, MINKABU, Nikkei, Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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