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US market outlook: NVIDIA temporarily exceeded 13%, Apple temporarily fell by more than 10%, Bitcoin temporarily broke the 0.05 million dollar mark, and the Nasdaq index started at 1063 points

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moomooニュース米国株 wrote a column · 3 hours ago
US market outlook: NVIDIA temporarily exceeded 13%, Apple temporarily fell by more than 10%, Bitcoin temporarily broke the 0.05 million dollar mark, and the Nas...
Good evening to all Moomoo users!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 681.07 dollars and began at 39056.19 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 1063.63 points at 15712.53. The S&P 500 Average, which consists of the stocks of 500 companies that are large US stocks, fell 195.42 points to 5151.14.
US market outlook: NVIDIA temporarily exceeded 13%, Apple temporarily fell by more than 10%, Bitcoin temporarily broke the 0.05 million dollar mark, and the Nas...
Top news
Stock price crash
● On Monday, global stock depreciation accelerated further, and high-tech stocks fell in a chain manner, $.NDX.US$ recorded the biggest decline in the past 4 years.
●Benchmarks for Japanese stocks ( $Nikkei 225.JP$ $TOPIX.JP$ ) has fallen more than 20% from its all-time high last month, and European stocks have also fallen. The yen exchange rate soared 3%, and the slump in the Mexican peso widened.
AI and Apple Stocks
● Megacap technology stocks bore the brunt of sales, and chipmakers' $NVDA.US$ 12% or more at one point $AAPL.US$ It fell 9% at one point.
$BRK.A.US$ Apple shares were reduced by nearly 50% as part of a large-scale sell-off in the second quarter.
● Analysts are urging Apple investors to remain calm despite delays in the deployment of AI, which the company is heavily advertising.
●Related articles:The depreciation of the yen and the collapse of the AI bubble? GS raised the probability of a US recession, and UBS also warned that Japanese stock sales will continue
We can wait for even more data until the September meeting of Chicago Fed President Goulsby
● Employment data does not yet suggest a recession
● FRB keeps a close eye on the weakness of the job market
●The July employment statistics are just one number
● More data can be waited until the September meeting
The Fed's bet
● Concerns that the outlook for the US economy was rapidly deteriorating spurred demand for bond assets, and global bonds wrote off year-to-date losses.
● Meanwhile, traders strengthened their view that the Federal Reserve (Fed) would cut interest rates urgently, and the probability of implementing a 1/4 point rate cut within 1 week was 60%.
● There was a slight movement on government bonds after the 10-year yield reached a low level for the first time in 1 year and the dollar index also fell.
[Focus] Fed faces “hard landing” risk with sluggish employment statistics
The script for the US economy has been turned upside down. Over the past two and a half years, high inflation has attracted almost single-point attention from the US Federal Reserve (Fed) and the White House as America's biggest economic issue.
However, this trend has been interrupted in the past week, and the labor market has become the center of concern for economic policy makers in Washington. This is because the July employment statistics announced on the 2nd were surprisingly lackluster, and agitation spread to the market.
— MooMoo News Zeber
Sources: Moomoo, Bloomberg, MINKABU, Dow Jones
This article uses automatic translation for some of its parts
US market outlook: NVIDIA temporarily exceeded 13%, Apple temporarily fell by more than 10%, Bitcoin temporarily broke the 0.05 million dollar mark, and the Nas...
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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