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US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower

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moomooニュース米国株 wrote a column · Apr 10 08:34
US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower
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, began at 39582.33 dollars with a 190.80 dollar depreciation, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 202.63 points at 16104.01. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, fell by 42.03 points to 5167.88.
US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$

Top news
[Index bulletin] The US March CPI rose 3.5% from the previous year and the yen fell more than expected, to 152 yen for the first time in 34 years
The US Bureau of Labor Statistics announced it on the 10thUS Consumer Price Index (CPI) for MarchBoth core indicesIt exceeded market expectations month-on-month and year-over-year. It suggests the strength of inflationary pressure, and expectations for the Fed to cut interest rates have receded further.US Consumer Price Index (CPI) for MarchIs3.5% increase from previous yearExceeded market expectations by 3.4%This is a 3.2% increase in the previous quarter. The growth rate expanded for 2 consecutive months from the previous month (3.2%).0.4% increase from previous monthExceeded 0.3% of market expectationsThe previous quarter was 0.4%.
US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower
US interest rate reduction plan is “off track” — Prince of Bridgewater
Bob Prince, Co-Chief Investment Officer (CIO) of Bridgewater Associates, stated that the US Federal Reserve (FRB) interest rate cut plan is “off track.” In an interview with the English Financial Times (FT), he stated that there is no reason to shift from cash-equivalent assets to long-term bonds, and that the risk premium is too small. They argued that the only reason to cut interest rates at the current level of economic growth and sustained inflation is only when there is a significant increase in productivity that would cause the US economy to grow without inflation.

The yen fell to the 152 yen level against the dollar, entering a level of intervention that traders are wary of
The exchange rate of yen fell to 1 dollar = 152 yen in the New York foreign exchange market on the 10th, breaking a low for the first time in about 34 years. It responded to the March US Consumer Price Index (CPI) statistics announced in the morning. Yen sales and dollar purchases, which were conscious of interest rate differences between Japan and the US, did not stop, and we entered an exchange intervention level that traders are wary of.

US bond yields rise rapidly, interest rate cuts forecast for the year only 2 times - CPI received
US bond yields increased rapidly in the US financial market on the morning of the 10th, and reached a year-to-date high level. The US Consumer Price Index (CPI) for March grew above market expectations, and views spread that interest rate cuts would not be implemented more than 3 times by the end of the year.

Is Google's biggest risk in the AI era related to Apple
paddy $Alphabet-C(GOOG.US)$ Is artificial intelligence (AI) technology a threat to Google, which is under its umbrella, or is it a business opportunity? This is a very difficult question for Alphabet shareholders. What is currently being questioned is the question of whether AI chatbots (automatic response systems) will be able to reach better information more quickly. However, in terms of performance, it is deep and generates large profits $Apple(AAPL.US)$ The relationship with poses a greater risk.

Boeing “787” investigates whether manufacturing quality is deficient in internal reporting
Rice, a major aircraft company $Boeing(BA.US)$ There was an internal report that the manufacturing quality of the medium aircraft “787” was inadequate, and it became clear on the 9th that the US Federal Aviation Administration (FAA) embarked on an investigation. According to the US media, it was charged by the company's engineers that Boeing omitted necessary work in order to resolve delays in the airplane manufacturing process. The company denies it.

Distributor: Nihon Keizai Shimbun, Bloomberg, Dow Jones, Reuters
— MooMoo News Zeber
US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower
US market outlook: US core CPI rises for 3 consecutive months, and the Dow average starts at 190 dollars lower
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