US market outlook: US ADP growth slowed more than expected, dollar yen split 150 yen, NVIDIA temporarily rebounded by over 8%, and the Dow average started 25 dollars higher

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, rose 25.55 dollars to 40768.88 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 351.81 points to 17499.23. The S&P 500 average, which consists of stocks of 500 large American stocks, is 5505.59, which is 69.15 points higher.

The market rebounded and the dollar split to 150 yen
● Successive bullish news supported the rebound in technology stocks, and the NASDAQ 100 stock price index futures increased rapidly, leading to global stock appreciation.
● Since Japan has decided to raise interest rates, the appreciation of the yen is progressing. US Federal Reserve (Fed) Chairman Powell is expected to suggest the possibility of US interest rate cuts in September by the end of today.

● Meanwhile, Hamas announced that Israel had killed a political leader, and since tension in the same region, which accounts for about one-third of the world's crude oil production, increased, the increase in crude oil increased.

Focus on the Fed
● US Federal Reserve (Fed) officials suggest the possibility of interest rate cuts in September this week, and there is a high possibility that interest rate cuts will approach from the high level in 20 years.
● According to economists surveyed by Bloomberg News, the Federal Open Market Committee (FOMC) of the US Central Bank (Fed) will finish a two-day policy meeting on Wednesday and leave the base interest rate unchanged in the range of 5.25% to 5.5%, which was the peak one year ago.
● Meanwhile, inflation in the Eurozone has unexpectedly risen, and there is a possibility that the European Central Bank (ECB) will be wary of further interest rate cuts at the September meeting.

The strength of semiconductors
● Semiconductor stocks rose in response to reports by Reuters that the United States plans to exclude semiconductor manufacturing equipment manufacturers from Japan, the Netherlands, and South Korea from future export restrictions.
● According to Bloomberg, the Biden administration is still under pressure to take additional measures to curb technology development in Beijing, and people familiar with the situation say that semiconductor manufacturing equipment manufacturers may still face sales restrictions to Chinese companies.