US Market Outlook: Intel Says NO to ARM Acquisition Dow Average Starts $52 Higher
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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, rose 52.84 dollars to 42227.95 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18228.78 with a 38.49 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 9.99 points higher at 5755.36.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 52.84 dollars to 42227.95 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18228.78 with a 38.49 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 9.99 points higher at 5755.36.
Top news
The US PCE core price index, which is attracting attention from the Fed, is consistent with expectations, rising 0.1% from the previous month in August, rising 2.7% from the previous year, which is lower than expected
● Of the Federal Reserve's attention excluding energy and food announced by the U.S. Department of CommerceUS PCE Core Price Index、August was up 2.7% from the previous year, consistent with the 2.7% increase expected by the market at a high level since April. There was a 2.6% increase in the previous quarter.
The US PCE core price index, which is attracting attention from the Fed, is consistent with expectations, rising 0.1% from the previous month in August, rising 2.7% from the previous year, which is lower than expected
● Of the Federal Reserve's attention excluding energy and food announced by the U.S. Department of CommerceUS PCE Core Price Index、August was up 2.7% from the previous year, consistent with the 2.7% increase expected by the market at a high level since April. There was a 2.6% increase in the previous quarter.
●US PCE Core Price Index, the month-on-month ratio0.1% increase、Below market expectations (0.2% increase)It recorded its lowest level since May. There was a 0.2% increase in the previous quarter.
Goldilocks Zone
● Investors' confidence in the soft landing of the US economy has increased, and Mark Spitznagel of Universa Investments pointed out that the market is in the “Goldilocks Zone.”
● There is a risk that this will come to an abrupt end, and investors need to be aware of secondary effects such as an economic slowdown, he said. According to Bruce Richards of Marathon Asset Management, the credit market looks attractive in response to interest rate cuts by the US Federal Reserve (Fed).
● Investors' confidence in the soft landing of the US economy has increased, and Mark Spitznagel of Universa Investments pointed out that the market is in the “Goldilocks Zone.”
● There is a risk that this will come to an abrupt end, and investors need to be aware of secondary effects such as an economic slowdown, he said. According to Bruce Richards of Marathon Asset Management, the credit market looks attractive in response to interest rate cuts by the US Federal Reserve (Fed).
Arm Intel
● $Arm Holdings (ARM.US)$ but $Intel (INTC.US)$ An acquisition of the product division of was proposed, but Intel rejected this.
● It is said that the private equity group Apollo has already offered to invest in Intel this week. Meanwhile, last week $Qualcomm (QCOM.US)$ There was also speculation about the possibility of a takeover by
● Also, in the high-tech and media fields, it is said that pay TV companies DirecTV and Dish are approaching a merger with the possibility of establishing the industry's largest company in terms of number of subscribers.
● $Arm Holdings (ARM.US)$ but $Intel (INTC.US)$ An acquisition of the product division of was proposed, but Intel rejected this.
● It is said that the private equity group Apollo has already offered to invest in Intel this week. Meanwhile, last week $Qualcomm (QCOM.US)$ There was also speculation about the possibility of a takeover by
● Also, in the high-tech and media fields, it is said that pay TV companies DirecTV and Dish are approaching a merger with the possibility of establishing the industry's largest company in terms of number of subscribers.
China's economic stimulus measures
● Large-scale economic stimulus measures continued in China as the central bank reduced the amount of cash banks had to prepare.
● However, this long-awaited measure aimed at increasing economic growth and investor confidence may have been unmanageable for the market, with a series of problems and delays occurring amid a sharp rise in stocks on the Shanghai Stock Exchange.
● Even so, Chinese stocks are likely to be their best week since 2008.
● Large-scale economic stimulus measures continued in China as the central bank reduced the amount of cash banks had to prepare.
● However, this long-awaited measure aimed at increasing economic growth and investor confidence may have been unmanageable for the market, with a series of problems and delays occurring amid a sharp rise in stocks on the Shanghai Stock Exchange.
● Even so, Chinese stocks are likely to be their best week since 2008.
Costco spending
●Large mass retailers $Costco (COST.US)$ Profits have exceeded expectations. However, since sales did not arrive slightly, stock prices fell due to pre-market trading.
● According to Gary Miller Chip, Chief Financial Officer (CFO), as inflation eases, shoppers are buying items other than food, such as furniture and tires.
●Large mass retailers $Costco (COST.US)$ Profits have exceeded expectations. However, since sales did not arrive slightly, stock prices fell due to pre-market trading.
● According to Gary Miller Chip, Chief Financial Officer (CFO), as inflation eases, shoppers are buying items other than food, such as furniture and tires.
— MooMoo News Zeber
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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182610865 : Which one is it? Is it good news that the stock price is rising?
182691890 : When you're not sure, don't get involved.
I don't think there will be a deep sell-off, but I will wait for the market to become pessimistic.