US Market Outlook: NVIDIA rebounds, Nasdaq Composite Index starts 122 points 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, depreciated by 41.52 dollars to 41156.56 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18119.15 with a 122.23 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, is 20.29 points higher at 5608.56.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, depreciated by 41.52 dollars to 41156.56 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18119.15 with a 122.23 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, is 20.29 points higher at 5608.56.
Top news
High-tech stock rebound
● $Taiwan Semiconductor (TSM.US)$ High tech stocks have recovered from this week's slump as sentiment towards the high-tech sector has recovered from this week's slump.
● $NASDAQ 100 Index (.NDX.US)$ Futures rose 0.2%, suggesting a partial rebound in the same index, which became the worst since 2022 due to concerns about the strengthening of US chip sales regulations to China.
● The dollar to yen moved slightly amid growing calls for President Joe Biden's withdrawal from the 2024 election campaign.
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Taiwan TSMC increases sales by 40% for 2 consecutive quarters
● $Taiwan Semiconductor (TSM.US)$ High tech stocks have recovered from this week's slump as sentiment towards the high-tech sector has recovered from this week's slump.
● $NASDAQ 100 Index (.NDX.US)$ Futures rose 0.2%, suggesting a partial rebound in the same index, which became the worst since 2022 due to concerns about the strengthening of US chip sales regulations to China.
● The dollar to yen moved slightly amid growing calls for President Joe Biden's withdrawal from the 2024 election campaign.
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Taiwan TSMC increases sales by 40% for 2 consecutive quarters
The outlook for the Fed
● On Thursday, three Fed chairmen, Austan Goulsby, Rory Logan, and Mary Daly, will give lectures.
● Also, the number of unemployment insurance claims is scheduled to be announced, and traders will search for interest rate cuts.
● On Thursday, former senior Federal Reserve official Robert Kaplan expressed his view that the central bank would move in September.
● On Thursday, three Fed chairmen, Austan Goulsby, Rory Logan, and Mary Daly, will give lectures.
● Also, the number of unemployment insurance claims is scheduled to be announced, and traders will search for interest rate cuts.
● On Thursday, former senior Federal Reserve official Robert Kaplan expressed his view that the central bank would move in September.
OPEC+ updates
● The OPEC+ delegation predicts that at the same group monitoring meeting to be held next month, there will be no change in the supply increase plan from the 4th quarter, and it will be routine.
● The OPEC Group centered on Saudi Arabia and Russia agreed last month to gradually resume crude oil production of about 2.2 million barrels per day, which had been suspended, from October.
● If prices soon become sluggish, officials emphasized at a committee meeting scheduled for 8/1 that production increases can also be postponed if necessary. Since then, the market has rebounded, and Brent futures are trading around $85 per barrel.
● The OPEC+ delegation predicts that at the same group monitoring meeting to be held next month, there will be no change in the supply increase plan from the 4th quarter, and it will be routine.
● The OPEC Group centered on Saudi Arabia and Russia agreed last month to gradually resume crude oil production of about 2.2 million barrels per day, which had been suspended, from October.
● If prices soon become sluggish, officials emphasized at a committee meeting scheduled for 8/1 that production increases can also be postponed if necessary. Since then, the market has rebounded, and Brent futures are trading around $85 per barrel.
New US unemployment insurance claims increase to 0.243 million, higher than expected
The number of new unemployment insurance claims (seasonally adjusted) for the week up to 7/13 announced by the US Department of Labor on the 18th was 0.24 million3000, an increase of 0.02 million from the previous week. The number of applications jumped in southern Texas, which was hit by Hurricane “Beryl,” and overall it reached a high level for the first time in almost a year.
The number of new unemployment insurance claims (seasonally adjusted) for the week up to 7/13 announced by the US Department of Labor on the 18th was 0.24 million3000, an increase of 0.02 million from the previous week. The number of applications jumped in southern Texas, which was hit by Hurricane “Beryl,” and overall it reached a high level for the first time in almost a year.
Prime Day in 2024 recorded the highest sales ever, according to Amazon
● $Amazon (AMZN.US)$ According to the report, the number of products purchased by Prime members has surpassed all Prime Days in the past.
● Amazon's US stock has risen more than 1% in the pre-market.
● $Amazon (AMZN.US)$ According to the report, the number of products purchased by Prime members has surpassed all Prime Days in the past.
● Amazon's US stock has risen more than 1% in the pre-market.
— MooMoo News Zeber
Source: Moomoo, Bloomberg, Dow Jones
This article uses automatic translation for some of its parts
Source: Moomoo, Bloomberg, Dow Jones
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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ありがとう星 : A good start for now!
harahara 
I'm excited to see what's going to happen in the future
Mr スコップ : It's dangerous for people who made a profit yesterday to buy back today.
Let's wait and see from the middle of next week until the beginning of August.
What is Trump Biden Kanda's trend
That is until the buying and selling of institutions is over.
Analyst information has not been received recently.
184152706 : by No I’m no BBB bm min b