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Outlook for the US market: Although the yield on 10-year US bonds temporarily declined to around 3.87%, US stocks started weakly. The Dow Jones Industrial Average started down 37 points at the start.

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moomooニュース米国株 wrote a column · Dec 20, 2023 22:32
Outlook for the US market: Although the yield on 10-year US bonds temporarily declined to around 3.87%, US stocks started weakly. The Dow Jones Industrial Avera...
Hello, Moomoo users! Good evening!Here is the forecast for the NY stock market tonight.

Market Overview
The US market started with the Dow Jones Industrial Average, which consists of high-quality stocks, down 37.79 points to 37,520.13. The Nasdaq Composite Index, which has a high proportion of tech stocks, started down 29.86 points at 14,973.36. The S&P 500 Index, which consists of 500 large-cap US stocks, started down 3.64 points at 4,764.73.
Outlook for the US market: Although the yield on 10-year US bonds temporarily declined to around 3.87%, US stocks started weakly. The Dow Jones Industrial Avera...
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$

Top News
Attacks on merchant ships in the Red Sea pose a new risk to the global economy, causing price increases and transportation delays.
Attacks on merchant ships in the Red Sea, related to the conflict between Israel and the Islamic organization Hamas, could lead to transportation delays and price increases, posing a new inflation risk to the economy.

Global bond prices are rising as the decline in UK inflation rates fuels speculation of interest rate cuts.
Traders are increasing speculation of interest rate cuts next year following the lower-than-expected inflation rate in the UK, causing bonds worldwide to rise in value. The yield on Germany's 10-year bonds fell below 2% for the first time since March, while in the UK, it reached its lowest level since April. The yield on 10-year US Treasury bonds also hit a 5-month low.

The 30-year mortgage interest rate in the US has fallen to 6.83%, the lowest level since June.
The mortgage interest rates in the USA have fallen for five consecutive weeks and have reached their lowest level since June. According to the data from the Mortgage Bankers Association (MBA), the 30-year fixed-rate mortgage interest rate for the week ending on the 15th decreased by 24 basis points (bp, where 1 bp = 0.01%) to 6.83%. The 5-year adjustable-rate mortgage interest rate also decreased.

Inflation in the UK slowed to 3.9% in November, the lowest level in over two years.
Last month, the inflation rate in the UK fell significantly below market expectations, reaching the lowest level in over two years. Among traders, there is a growing belief that the Bank of England may have no choice but to retract its policy of maintaining high interest rates for an extended period.

- moomoo News, Zeber
Source: Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • 181567867 : It's started, hasn't it?
    I think it's about time everyone is dangerous
    What I'm thinking about is the stock price
    Maybe it's about time it comes out.