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US market outlook: US August CPI was 3.7% higher than expected, and the Dow average started at 21.29 dollars higher

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moomooニュース米国株 wrote a column · Sep 13, 2023 08:32
US market outlook: US August CPI was 3.7% higher than expected, and the Dow average started at 21.29 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 21.29 dollars to 34667.28 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 0.06 points to 13773.67. The S&P 500 average, which consists of stocks of 500 large American stocks, is 4462.65, 0.75 points higher.
US market outlook: US August CPI was 3.7% higher than expected, and the Dow average started at 21.29 dollars higher
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$

Top news
Update - [Index Bulletin] US August CPI was 3.7% higher than expected, and core CPI was 4.3% in line with expectations
The consumer price index (CPI) for August announced by the US Department of Labor Statistics is 3.7% compared to the previous year, forecast is 3.6%, and the previous fiscal year is 3.2%. The month-on-month ratio was 0.6%, the forecast was 0.6%, and the previous fiscal year was 0.2%.

Will the US bull market continue? A bullish signal flashes in the stock market, suggesting a new high
According to DataTrek Research, despite recent unstable price movements, the correlation between the 11 sectors of the S&P 500 and major stock price indices is showing bright signs, and the US stock market continues to be bullish.

US Moderna invests 3.7 trillion yen in R&D over 5 years to develop cancer vaccine
Rice from a major biopharmaceutical company $Moderna(MRNA.US)$On the 13th, they announced plans to invest 25 billion dollars (about 3.7 trillion yen) in research and development (R&D) over 5 years from 2024 to 28. As sales decline sharply due to shrinking demand for the novel coronavirus vaccine, we will accelerate efforts aimed at early practical application of cancer vaccines, which are expected to be the next growth field.

Google's overwhelming market share is the result of being selected by users - countered in antitrust lawsuits
paddy $Alphabet-C(GOOG.US)$In a lawsuit where the US Department of Justice and others brought against the company for violating the antitrust law (antitrust law) over the search business, trial in Washington's federal district court began on the 12th.

Moomoo News - Evelyn
Distribution source: Bloomberg, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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