US Market Outlook: US Unemployment Rate Exceeds Expectations, Bitcoin Plummets, Dow Average Starts $5 Higher
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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 5.40 dollars to 39313.40 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18200.60 with a 12.30 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 0.89 points to 5537.91.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 5.40 dollars to 39313.40 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18200.60 with a 12.30 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 0.89 points to 5537.91.
Top news
[Index Bulletin] The number of people employed in the non-farm sector in the US increased by 0.206 million in June, exceeding the expected 0.191 million increase
The number of people employed in the non-farm sector in JuneIs0.206 million person increase、Exceed market expectations of 0.191 million person increaseIn the previous fiscal year, there was an increase of 0.218 million people from an increase of 0.272 million peopleDownward correction。unemployment rateIs4.1%、It exceeded market expectations by 4%,The first quarter was 4%.
The number of people employed in the non-farm sector in JuneIs0.206 million person increase、Exceed market expectations of 0.191 million person increaseIn the previous fiscal year, there was an increase of 0.218 million people from an increase of 0.272 million peopleDownward correction。unemployment rateIs4.1%、It exceeded market expectations by 4%,The first quarter was 4%.
NY Federal Reserve President Williams is still on the way to the 2% inflation target
● The road to the 2% inflation target is still on the way
● Inflation has progressed quite a bit, but jobs have not been achieved
● Commit to achieving inflation targets
● Stopping inflation expectations is important in keeping prices low
● Financial authorities' decisions are based on data
● The road to the 2% inflation target is still on the way
● Inflation has progressed quite a bit, but jobs have not been achieved
● Commit to achieving inflation targets
● Stopping inflation expectations is important in keeping prices low
● Financial authorities' decisions are based on data
Biden's challenge
● President Joe Biden has reached the most important weekend in his career as a politician, and he is aware that it is necessary to restore the trust of voters, donors, and party officials.
● The interview with ABC News on Friday will be the first unscripted and pressured interview since Biden made a blunder at the debate. Also, we plan to visit two battleground states where victory is essential, Wisconsin and Pennsylvania.
● President Joe Biden has reached the most important weekend in his career as a politician, and he is aware that it is necessary to restore the trust of voters, donors, and party officials.
● The interview with ABC News on Friday will be the first unscripted and pressured interview since Biden made a blunder at the debate. Also, we plan to visit two battleground states where victory is essential, Wisconsin and Pennsylvania.
Bitcoin plummets
● $Bitcoin(BTC.CC$It has plummeted to its lowest level since February. The biggest digital coin fell as much as 8% on Friday, making it the fourth consecutive trading session of losses.
● Other assets such as Ether, XRP, and Cardano all fell. The cause is a decline in demand for Bitcoin ETFs, signs that the government is disposing of seized tokens, political risks, etc.
● $Bitcoin(BTC.CC$It has plummeted to its lowest level since February. The biggest digital coin fell as much as 8% on Friday, making it the fourth consecutive trading session of losses.
● Other assets such as Ether, XRP, and Cardano all fell. The cause is a decline in demand for Bitcoin ETFs, signs that the government is disposing of seized tokens, political risks, etc.
— MooMoo News Zeber
Source: Moomoo, Bloomberg, Minkabu
This article uses automatic translation for some of its parts
Source: Moomoo, Bloomberg, Minkabu
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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