US market outlook: Micron plummets, NVIDIA also falls, and the Dow average starts at a depreciation of $20
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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, began at 39107.10 dollars with a depreciation of 20.70 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 11.21 points at 17793.95. The S&P 500 average, which consists of stocks of 500 large US stocks, depreciated 4.31 points to 5473.59.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, began at 39107.10 dollars with a depreciation of 20.70 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 11.21 points at 17793.95. The S&P 500 average, which consists of stocks of 500 large US stocks, depreciated 4.31 points to 5473.59.
Top news
[Breaking News] The confirmed US GDP value for the fiscal year ending January-March was revised upward to +1.4%
The confirmed US GDP figures for the fiscal year ending January 1 to 3 announced at 9:30 p.m. on the 27th Japan time were revised upward to +1.4% per annum compared to the previous fiscal year, as expected. Meanwhile, private consumption was revised downward.
The confirmed US GDP figures for the fiscal year ending January 1 to 3 announced at 9:30 p.m. on the 27th Japan time were revised upward to +1.4% per annum compared to the previous fiscal year, as expected. Meanwhile, private consumption was revised downward.
[Breaking News] The number of new unemployment insurance claims in the US last week fell short of expectations and was 233,000
The number of new unemployment insurance claims for the US last week announced at 9:30 p.m. on the 27th Japan time fell short of expectations and reached 233,000.
The number of new unemployment insurance claims for the US last week announced at 9:30 p.m. on the 27th Japan time fell short of expectations and reached 233,000.
Consumer distress
● It has been a tough morning for European retailers. Fast fashion company Hennesse & Maurits reported poor sales in June due to bad weather in major markets, with shoppers confined to their homes, and the stock price plummeted 15%.
● The financial results of British companies, such as the electronics retailer Curries and the bicycle seller Halfords, also showed signs of a decline in demand. With the financial results announced by Walgreens Boots and Nike today, I would like to determine whether this slump will spread to the United States.
● It has been a tough morning for European retailers. Fast fashion company Hennesse & Maurits reported poor sales in June due to bad weather in major markets, with shoppers confined to their homes, and the stock price plummeted 15%.
● The financial results of British companies, such as the electronics retailer Curries and the bicycle seller Halfords, also showed signs of a decline in demand. With the financial results announced by Walgreens Boots and Nike today, I would like to determine whether this slump will spread to the United States.
Why did Micron plummet 8%?! Take NVIDIA with you too! A chance to buy in the spotlight?
$Micron Technology(MU.US$ After financial results were announced, it plummeted 8% due to overtime trading on 6/26, and NVIDIA also depreciated. What is the cause of the sharp drop? In addition to checking the details of the financial results, we will explore whether there are opportunities for recommended purchases.
$Micron Technology(MU.US$ After financial results were announced, it plummeted 8% due to overtime trading on 6/26, and NVIDIA also depreciated. What is the cause of the sharp drop? In addition to checking the details of the financial results, we will explore whether there are opportunities for recommended purchases.
The yen exchange rate that is attracting attention
● The yen exchange rate on Thursday remained in the 1 dollar = 160 yen range after reaching the depreciation level of the yen since 1986 the day before.
● This move has given rise to speculation that the authorities will soon be forced to support the yen exchange rate again in order to stop the worst depreciation of the yen in developed countries.
● Japan's Deputy Minister of Finance and Minister in charge of exchange stated on the 2nd that the authorities are closely monitoring the foreign exchange market with urgency and will take appropriate measures as necessary.
● The slump in exchange rates is progressing to such an extent that it is no longer a factor boosting Japanese stocks.
● The yen exchange rate on Thursday remained in the 1 dollar = 160 yen range after reaching the depreciation level of the yen since 1986 the day before.
● This move has given rise to speculation that the authorities will soon be forced to support the yen exchange rate again in order to stop the worst depreciation of the yen in developed countries.
● Japan's Deputy Minister of Finance and Minister in charge of exchange stated on the 2nd that the authorities are closely monitoring the foreign exchange market with urgency and will take appropriate measures as necessary.
● The slump in exchange rates is progressing to such an extent that it is no longer a factor boosting Japanese stocks.
— MooMoo News Zeber
Source: Moomoo, Bloomberg, Fisco
This article uses automatic translation for some of its parts
Source: Moomoo, Bloomberg, Fisco
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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