Outlook for the US market: Nvidia rebounded, with the Nasdaq Composite Index starting 122 points higher.

Hello, Moomoo users!Here are tonight's insights into NY stocks.

Market Overview
USA market started, with the Dow Jones Industrial Average, which consists of high-quality stocks, opening at $41.52 lower at $41,156.56, while the Nasdaq Composite Index, with a high proportion of technology stocks, started at 122.23 points higher at 18,119.15. The S&P 500, composed of the stocks of 500 large-cap companies in the USA, opened 20.29 points higher at 5,608.56.

Outlook of the FRB
● On Thursday, it is scheduled for three FRB chairs, Austan Goolsbee, Lori Logan, and Mary Daly, to give speeches.
● Furthermore, the announcement of the number of jobless claims is also scheduled, leading traders to explore the prospects of a rate cut.
● On Thursday, former FRB official Robert Kaplan indicated his view that the central bank will take action in September.

Latest Information on OPEC+
● OPEC+ delegation expects no changes to the supply increase plan starting from the fourth quarter during the upcoming monitoring meeting of the group next month, anticipating it to become a routine procedure.
OPEC group, centered on Saudi Arabia and Russia, agreed last month to gradually resume the production of around 2.2 million barrels of crude oil from October.
If prices fall sharply, officials emphasized at a committee meeting scheduled for August 1 that they could also postpone production increases if necessary. Subsequently, the market rebounded, and Brent futures were trading around $85 per barrel.