US market outlook: yen and US bonds fall, yen is temporarily in the 149 yen range, US private consumption is solid, and observations of drastic interest rate cuts have receded
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Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 287.35 dollars to 40295.74 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17394.55 with a 201.95 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 45.92 points to 5501.13.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 287.35 dollars to 40295.74 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17394.55 with a 201.95 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 45.92 points to 5501.13.
Top news
US bond yields rise, and observations of drastic interest rate cuts retreat
● Yields were rising in the US bond market on the 15th. The US economic indicators were strong, and aggressive interest rate cut observations for the end of the year receded.
● Yields were rising in the US bond market on the 15th. The US economic indicators were strong, and aggressive interest rate cut observations for the end of the year receded.
● Observations of drastic interest rate cuts at the US Federal Open Market Committee (FOMC) meeting in September receded, and factoring in interest rate cuts at the same meeting fell below 30 bp. Expected rate cuts for the end of the year are 94 bps. It was above 100 bp before the economic indicators were announced for this day.
Retail sales in July in the US rose 1.0% from the previous month, exceeding market expectations of a 0.3% increase
●The U.S. Department of Commerce will announceRice retail sales in JulyIs1.0% increase from previous month、It significantly exceeded market expectations for a 0.3% increase. The previous fiscal year was revised downward from 0.0% to a 0.2% decrease.
● Excluding automobiles, gasoline, construction materials, and eating outCore retail salesIs0.4% increase from previous month、It exceeded market expectations for a 0.1% increase. The previous fiscal year was revised upward from a 0.4% increase to a 0.5% increase.
●The U.S. Department of Commerce will announceRice retail sales in JulyIs1.0% increase from previous month、It significantly exceeded market expectations for a 0.3% increase. The previous fiscal year was revised downward from 0.0% to a 0.2% decrease.
● Excluding automobiles, gasoline, construction materials, and eating outCore retail salesIs0.4% increase from previous month、It exceeded market expectations for a 0.1% increase. The previous fiscal year was revised upward from a 0.4% increase to a 0.5% increase.
Walmart rose more than 8% at one point, sales for the second quarter were 169.3 billion dollars, and profit per share was 56 cents
● $Walmart (WMT.US)$announced financial results and raised the full-year sales forecast. It is expected that customers will grow with bargain products.
● Sales for the second quarter were 169.3 billion dollars; profit per share for the second quarter was 56 cents; Walmart Stores net profit for the second quarter was 4.5 billion dollars
● John David Laney, Chief Financial Officer (CFO), said in an interview on the 15th, “The eyes of consumers are discerning. A sense of value is required,” he said, pointing out that what is emphasized is daily necessities. “We have not seen any flaws in the financial health of our customers,” he said.
● $Walmart (WMT.US)$announced financial results and raised the full-year sales forecast. It is expected that customers will grow with bargain products.
● Sales for the second quarter were 169.3 billion dollars; profit per share for the second quarter was 56 cents; Walmart Stores net profit for the second quarter was 4.5 billion dollars
● John David Laney, Chief Financial Officer (CFO), said in an interview on the 15th, “The eyes of consumers are discerning. A sense of value is required,” he said, pointing out that what is emphasized is daily necessities. “We have not seen any flaws in the financial health of our customers,” he said.
Interest in the labor market
● The Federal Reserve's Austen Goolsby said he is more concerned about the labor market than inflation in response to encouraging reports on the inflation rate released on Wednesday.
● He said interest rates are in a “very restrictive” zone and that is only appropriate when the economy is overheated. Bloomberg columnist John Authors also agrees it's time to look more at the labor market.
● The Federal Reserve's Austen Goolsby said he is more concerned about the labor market than inflation in response to encouraging reports on the inflation rate released on Wednesday.
● He said interest rates are in a “very restrictive” zone and that is only appropriate when the economy is overheated. Bloomberg columnist John Authors also agrees it's time to look more at the labor market.
Bomb up big tech companies
● According to recent 13F filings, investors are replacing shares held by major Chinese companies and major high-tech companies. Hedge fund manager Michael Barry cut his overall shareholding ratio in half, but China's $Alibaba (BABA.US)$ Its market share has increased.
● Meanwhile, billionaire investor David Tepper lowered the ownership ratio between Alibaba and major US high-tech stocks, but maintained other Chinese stocks he had bought up until now.
● Singapore's state-owned investor Temasek invested billions of dollars in tech stocks in the second quarter before the July decline.
●Related articles:
[Form 13F] Public disclosure of institutional investor portfolios as of the end of 24Q2! Hi-tech stock holdings declined
[13F] Mr. Buffett, the god of investment,'s secret portfolio revealed?! Apple stock holdings were cut in half and new cosmetics retail stocks were acquired
● According to recent 13F filings, investors are replacing shares held by major Chinese companies and major high-tech companies. Hedge fund manager Michael Barry cut his overall shareholding ratio in half, but China's $Alibaba (BABA.US)$ Its market share has increased.
● Meanwhile, billionaire investor David Tepper lowered the ownership ratio between Alibaba and major US high-tech stocks, but maintained other Chinese stocks he had bought up until now.
● Singapore's state-owned investor Temasek invested billions of dollars in tech stocks in the second quarter before the July decline.
●Related articles:
[Form 13F] Public disclosure of institutional investor portfolios as of the end of 24Q2! Hi-tech stock holdings declined
[13F] Mr. Buffett, the god of investment,'s secret portfolio revealed?! Apple stock holdings were cut in half and new cosmetics retail stocks were acquired
[Column] What is the real aim of Google's new AI-equipped smartphone
It has been quite a while since Google entered the smartphone business, and no such results have been seen. Even companies that control 91% of the world's internet searches sometimes need some help.
It has been quite a while since Google entered the smartphone business, and no such results have been seen. Even companies that control 91% of the world's internet searches sometimes need some help.
— MooMoo News Zeber
Source: Moomoo, Bloomberg, CME FedWatch, Dow Jones
This article uses automatic translation for some of its parts
Source: Moomoo, Bloomberg, CME FedWatch, Dow Jones
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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