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Outlook for the USA market: The market has brushed aside the dark clouds of ASML's earnings report, with NVIDIA once again approaching its all-time high. The Nasdaq index starts 170 points higher.

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moomooニュース米国株 wrote a column · Oct 17, 2024 21:32
Outlook for the USA market: The market has brushed aside the dark clouds of ASML's earnings report, with NVIDIA once again approaching its all-time high. The Na...
Hello Moomoo users!Tonight's insight on NY stock market.
Market Overview
The USA market started with the Dow Industrial Average, composed of high-quality stocks, rising by 42.11 dollars to 43,119.81 dollars. The Nasdaq Composite Index, with a high proportion of technology stocks, started at 18,537.21, up by 170.13 points. The S&P 500, composed of 500 large-cap stocks in the USA, rose by 33.15 points to 5,875.62.
Outlook for the USA market: The market has brushed aside the dark clouds of ASML's earnings report, with NVIDIA once again approaching its all-time high. The Na...
Top News
US retail statistics exceeded expectations, and US stock index futures expanded their gains.
● US stock index futures are rising.
$Blackstone (BX.US)$ $KeyCorp (KEY.US)$ $Albertsons Companies (ACI.US)$ Earnings reports are announced today.
$Netflix (NFLX.US)$ Will be announced after the close. There is growing attention on whether they can continue to expand their profits as they are on an unstoppable momentum.

The FRB's rate cut is still uncertain, with inflationary pressure once again becoming a concern.
● The European Central Bank (ECB) is moving forward with a second rate cut due to the view that inflation decline is leading to economic weakening. It seems the situation is different in the USA.
Market signals indicate that the price of gold has risen by 30%, surpassing the long-term inflation forecast target of the Federal Reserve Board, suggesting that the inflation war in the USA is not over yet.
Many investors are not expecting a significant recovery in inflation, but the strong US economy, geopolitical tensions, and excessive liquidity are making it difficult to overcome the 'last mile of inflation'.
The financial markets cheered the central bank's rate cuts, but some investors believe that the risk of inflation rebound has not been eliminated and are remaining cautious.
Data as of 2024.10.17
Data as of 2024.10.17
U.S. retail revenue in September rose by 0.40% compared to the previous month, exceeding the expected increase of 0.30%.
Marco Kolanovic, Chief Market Strategist of Morgan Stanley, has warned that the adjustment in the US stock market is not over, and there is a possibility of increased selling pressure due to macroeconomic risks such as rising bond yields, a stronger dollar, and higher oil prices.September US retail salesisIncreased by 0.4% compared to the previous month.Exceeded the market expectation of 0.3% growth. In the previous period, it rose by 0.1%.
TSMC is rising.
$Taiwan Semiconductor (TSM.US)$ has upwardly revised its revenue outlook. $ASML Holding (ASML.US)$ Reassuring investors about chip demand following 's disappointing earnings.
TSMC is up over 8% in pre-market trading in the USA market.
Is the era of nuclear power generation coming? AI "electrical utilities gluttony" shines on nuclear-related stocks, achieving a fivefold growth in the year to date!
●On the 16th, $Amazon (AMZN.US)$ supported by investing in nuclear power, U.S. nuclear power-related stocks generally surged.
●The U.S. company, which is developing small modular reactor (SMR) technology, $NuScale Power (SMR.US)$ is up 40%, a staggering 479% year-to-date. Another early stage nuclear energy company $NANO Nuclear Energy (NNE.US)$ is also up 37% and has surged 436% year-to-date.
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Source: moomoo, Bloomberg
This article uses auto-translation in part.
Outlook for the USA market: The market has brushed aside the dark clouds of ASML's earnings report, with NVIDIA once again approaching its all-time high. The Na...
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