US market outlook: TSM breaks through $190 with an increase rate of over 3%, and the Dow average starts at $16 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, rose 16.11 dollars to 39391.98 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18371.86 with a 19.10 point increase. The S&P 500 average, which consists of stocks of 500 large American stocks, is 5572.75, which is 5.56 points higher.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 16.11 dollars to 39391.98 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18371.86 with a 19.10 point increase. The S&P 500 average, which consists of stocks of 500 large American stocks, is 5572.75, which is 5.56 points higher.
Top news
Focus on Powell
● When speaking in Congress on Tuesday and Wednesday, Federal Reserve Chairman Powell is likely to say that in order for policymakers to cut interest rates, it is necessary to further confirm that inflation is slowing down.
● Chairman Powell's remarks will be made before the June consumer price index to be announced on Thursday.
● Also, large bond bets that Citigroup and JPMorgan like in front of this data will be boosted.
● When speaking in Congress on Tuesday and Wednesday, Federal Reserve Chairman Powell is likely to say that in order for policymakers to cut interest rates, it is necessary to further confirm that inflation is slowing down.
● Chairman Powell's remarks will be made before the June consumer price index to be announced on Thursday.
● Also, large bond bets that Citigroup and JPMorgan like in front of this data will be boosted.
Pressure on Mr. Biden
● On Sunday, several leading members of the Congressional Democratic Party told President Biden, who stumbled in discussions with Donald Trump last month, that they wanted him to withdraw from the party's White House candidate.
● The latest defectors include several Democratic House of Representatives committee leaders, and there are a total of 9 members of parliament from the House of Representatives demanding Mr. Biden's departure from the House of Representatives.
● If Biden were to step down, it is possible to request delegates to the Democratic National Convention to switch support to a successor they support, such as Vice President Kamala Harris, who is the current candidate. Other candidates for succession include California Governor Gavin Newsom, Illinois Governor J.B. Pritzker, and Michigan Governor Gretchen Whitmer.
● On Sunday, several leading members of the Congressional Democratic Party told President Biden, who stumbled in discussions with Donald Trump last month, that they wanted him to withdraw from the party's White House candidate.
● The latest defectors include several Democratic House of Representatives committee leaders, and there are a total of 9 members of parliament from the House of Representatives demanding Mr. Biden's departure from the House of Representatives.
● If Biden were to step down, it is possible to request delegates to the Democratic National Convention to switch support to a successor they support, such as Vice President Kamala Harris, who is the current candidate. Other candidates for succession include California Governor Gavin Newsom, Illinois Governor J.B. Pritzker, and Michigan Governor Gretchen Whitmer.
Bank movements are calm
● The three banks JPMorgan, Wells Fargo, and Citigroup will enter the Bank of America financial results presentation season on Friday, but traders are not concerned about the stagnation of rising stock prices.
● According to data compiled by Bloomberg, hedge costs for JPMorgan and Wells Fargo have remained at a low level since 2021, and Citigroup's hedge costs are below the annual average.
● Regarding volatility after settlement, the options market is viewed as almost the same as stock price movements after past financial results. The Cboe Volatility Index recorded its lowest average value in the first half of the year since 2017.
● The three banks JPMorgan, Wells Fargo, and Citigroup will enter the Bank of America financial results presentation season on Friday, but traders are not concerned about the stagnation of rising stock prices.
● According to data compiled by Bloomberg, hedge costs for JPMorgan and Wells Fargo have remained at a low level since 2021, and Citigroup's hedge costs are below the annual average.
● Regarding volatility after settlement, the options market is viewed as almost the same as stock price movements after past financial results. The Cboe Volatility Index recorded its lowest average value in the first half of the year since 2017.
Mr. Pelosi, the “wise man of Capitol Hill,” bought more NVIDIA and Broadcom shares! Isn't it too late to invest in AI stocks!?
While the market is still debating whether US stocks have fallen into a bubble or whether US stocks will continue to rise, the asset management movements of Mr. Paul Pelosi, the husband of Mr. Pelosi, a former US House Speaker called the “wise man of Capitol Hill,” recently became clear.
While the market is still debating whether US stocks have fallen into a bubble or whether US stocks will continue to rise, the asset management movements of Mr. Paul Pelosi, the husband of Mr. Pelosi, a former US House Speaker called the “wise man of Capitol Hill,” recently became clear.
Broadcom's long-awaited stock split on Friday! Will it continue to rise in anticipation of the “next NVIDIA”?
$Broadcom (AVGO.US)$ Is1:10 stock split after closing on 7/12It is scheduled to be carried out, and stock trading after the split will begin on 7/15. Since the official announcement of the stock split plan, Broadcom's stock priceA rise of over 14%I'm showing it.
$Broadcom (AVGO.US)$ Is1:10 stock split after closing on 7/12It is scheduled to be carried out, and stock trading after the split will begin on 7/15. Since the official announcement of the stock split plan, Broadcom's stock priceA rise of over 14%I'm showing it.
— MooMoo News Zeber
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Source: moomoo, Bloomberg
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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