US Market Outlook: Trump Media & Technology Surges Over 30%, Dow Average Starts Higher by $137
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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, rose 137.50 dollars to 40138.40 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 87.46 points to 18485.91. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 22.81 points to 5638.16.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 137.50 dollars to 40138.40 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 87.46 points to 18485.91. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 22.81 points to 5638.16.
Top news
Trump Trade
● As global financial markets resumed after the attempted assassination of Donald Trump, deals expecting the Republican Party to return to the White House gained momentum.
● Dollar and US stock futures rose and government bonds fell as trading began on Monday. Long-term bonds led the decline from the view that President Trump's fiscal policy and trade policy would promote growth.
● As a result, 30-year bond yields surpassed 2-year bond yields for the first time since January.
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● As global financial markets resumed after the attempted assassination of Donald Trump, deals expecting the Republican Party to return to the White House gained momentum.
● Dollar and US stock futures rose and government bonds fell as trading began on Monday. Long-term bonds led the decline from the view that President Trump's fiscal policy and trade policy would promote growth.
● As a result, 30-year bond yields surpassed 2-year bond yields for the first time since January.
RELATED ARTICLES
Has Attack on Trump taken the stock market by storm? Who will be the winning team in the Trump market
Trump assassination attempt, republican Biden camp's growing cohesion is in strategic turmoil
Federal Reserve Officials Speeches
● US Federal Reserve (Fed) Chairman Powell and San Francisco Federal Reserve President Mary Daly will speak later Monday after Global Rap called it “a watershed week in the Fed's fight against inflation.”
● It is a statement in response to the fact that the view that interest rate cuts will be implemented twice in 2024 was strengthened in the economic report last week.
● US Federal Reserve (Fed) Chairman Powell and San Francisco Federal Reserve President Mary Daly will speak later Monday after Global Rap called it “a watershed week in the Fed's fight against inflation.”
● It is a statement in response to the fact that the view that interest rate cuts will be implemented twice in 2024 was strengthened in the economic report last week.
[Earnings Preview] TSMC has a succession of good news just before financial results! Q2 net profit grew by as much as 30%?! Is it possible for the stock price to break through the $200 mark?
● $Taiwan Semiconductor(TSM.US$ Is Japan timeAnnouncement of financial results for the 2nd quarter of 2024 on the afternoon of 7/18I plan to do it.
● According to Moomoo, the market expects TSMC's 24Q2 sales to be 653.345 billion Taiwan dollars and EPS to be 45.83 Taiwan dollars.
● 24Q1 sales were 18.87 billion dollars and EPS was 1.38 dollars, both of which exceeded market expectations.
● Wall Street analysts expect TSMC's net profit for Q2 to grow 29% year over year.
● Attention should be paid to Q2 financial results: net profit, full-year sales forecasts, capital investment plans, AI demand forecasts, etc.
● $Taiwan Semiconductor(TSM.US$ Is Japan timeAnnouncement of financial results for the 2nd quarter of 2024 on the afternoon of 7/18I plan to do it.
● According to Moomoo, the market expects TSMC's 24Q2 sales to be 653.345 billion Taiwan dollars and EPS to be 45.83 Taiwan dollars.
● 24Q1 sales were 18.87 billion dollars and EPS was 1.38 dollars, both of which exceeded market expectations.
● Wall Street analysts expect TSMC's net profit for Q2 to grow 29% year over year.
● Attention should be paid to Q2 financial results: net profit, full-year sales forecasts, capital investment plans, AI demand forecasts, etc.
Sales in India surged 33% to record high due to Apple's move from China
●The rapid increase in sales $Apple(AAPL.US$It shows that it has succeeded in acquiring users in India
● Apple is trying to challenge Android's dominance in the country.
●The rapid increase in sales $Apple(AAPL.US$It shows that it has succeeded in acquiring users in India
● Apple is trying to challenge Android's dominance in the country.
Alphabet takeover
● It is the parent company of Google $Alphabet-C(GOOG.US$ It is said that negotiations are underway to acquire the cybersecurity startup Wiz for a total of 23 billion dollars.
● Once the acquisition is completed, it will be the largest acquisition so far for a major high-tech company, and competition is intensifying in the cloud market $Alphabet-C(GOOG.US$ but $Microsoft(MSFT.US$ Ya $Amazon(AMZN.US$ It helps me catch up with it. The alphabet remained flat in pre-market trading.
● It is the parent company of Google $Alphabet-C(GOOG.US$ It is said that negotiations are underway to acquire the cybersecurity startup Wiz for a total of 23 billion dollars.
● Once the acquisition is completed, it will be the largest acquisition so far for a major high-tech company, and competition is intensifying in the cloud market $Alphabet-C(GOOG.US$ but $Microsoft(MSFT.US$ Ya $Amazon(AMZN.US$ It helps me catch up with it. The alphabet remained flat in pre-market trading.
— 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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