US market outlook: Waiting for tomorrow's FOMC results, the Dow average starts at $82 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 82.20 dollars to 40622.13 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17424.10 with a 53.90 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 15.19 points higher than 5478.73.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 82.20 dollars to 40622.13 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17424.10 with a 53.90 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 15.19 points higher than 5478.73.
Top news
Strong stock prices and Microsoft trends
● US stock futures began to rise on Tuesday ahead of the announcement of the consumer confidence index and job ratio survey. The dollar remained steady against the currency basket, and government bond yields remained flat. Traders are preparing for a 32-hour central bank meeting, starting with Wednesday's decision to raise interest rates between the Bank of Japan and the US Federal Reserve (Fed).
● Until the central bank meeting is held, financial results will be announced after today's closing $Microsoft(MSFT.US$Attention is drawn to Last week, it was the same “Magnificent Seven” technology stock $Tesla(TSLA.US$ with $Alphabet-C(GOOG.US$It disappointed expectations and caused intense stock sales, albeit in a short period of time, so the level of attention may be higher than usual. $Apple(AAPL.US$ with $Amazon(AMZN.US$ Financial results are scheduled to be announced later this week.
●Related articles:
[Financial Summary] Google is doing well in advertising, and the cloud business is growing 29%!
[Financial Summary] Tesla's decline outside of time to receive financial results What are future highlights?
[Earnings Preview] Microsoft is paying attention to growth momentum! Can we win in the AI monetization competition?
[Earnings Preview] AI, Apple's new “trump card”? Apple of “Mag7” is scheduled to announce financial results on 2nd (Friday)!
[Earnings Preview] Amazon Approaching Earnings Announcement! Pay attention to the growth of AWS and the retail business, what is the future of shareholder returns?
[Earnings Preview] Meta, AI, and advertising revenue are growing rapidly? Capital expenditure is the “most important focus”
● US stock futures began to rise on Tuesday ahead of the announcement of the consumer confidence index and job ratio survey. The dollar remained steady against the currency basket, and government bond yields remained flat. Traders are preparing for a 32-hour central bank meeting, starting with Wednesday's decision to raise interest rates between the Bank of Japan and the US Federal Reserve (Fed).
● Until the central bank meeting is held, financial results will be announced after today's closing $Microsoft(MSFT.US$Attention is drawn to Last week, it was the same “Magnificent Seven” technology stock $Tesla(TSLA.US$ with $Alphabet-C(GOOG.US$It disappointed expectations and caused intense stock sales, albeit in a short period of time, so the level of attention may be higher than usual. $Apple(AAPL.US$ with $Amazon(AMZN.US$ Financial results are scheduled to be announced later this week.
●Related articles:
[Financial Summary] Google is doing well in advertising, and the cloud business is growing 29%!
[Financial Summary] Tesla's decline outside of time to receive financial results What are future highlights?
[Earnings Preview] Microsoft is paying attention to growth momentum! Can we win in the AI monetization competition?
[Earnings Preview] AI, Apple's new “trump card”? Apple of “Mag7” is scheduled to announce financial results on 2nd (Friday)!
[Earnings Preview] Amazon Approaching Earnings Announcement! Pay attention to the growth of AWS and the retail business, what is the future of shareholder returns?
[Earnings Preview] Meta, AI, and advertising revenue are growing rapidly? Capital expenditure is the “most important focus”
Complicated Settlement
● The European financial results on Tuesday were quite mixed. $BP PLC(BP.US$The stock price of rose by maintaining the pace of stock buybacks and increasing dividends against the backdrop of an increase in profit, $STANCHART(02888.HK$ It rose due to the expansion of its share repurchase program.
● Major beverage companies $Diageo(DEO.US$It was announced that the economic slowdown in Latin America, the Caribbean, and the United States led to the first decline in annual sales since the pandemic, and it plummeted.
● The European financial results on Tuesday were quite mixed. $BP PLC(BP.US$The stock price of rose by maintaining the pace of stock buybacks and increasing dividends against the backdrop of an increase in profit, $STANCHART(02888.HK$ It rose due to the expansion of its share repurchase program.
● Major beverage companies $Diageo(DEO.US$It was announced that the economic slowdown in Latin America, the Caribbean, and the United States led to the first decline in annual sales since the pandemic, and it plummeted.
Concerns about growth
● European GDP data made the current state of the economy uncertain.
● German production volume contracted unexpectedly in the second quarter and attracted attention, but this was in contrast to the higher-than-expected growth in France and Spain.
● The issue faced by European Central Bank (ECB) policymakers who determine in September whether the Eurozone economy is in a vulnerable situation enough to justify further interest rate cuts is that the growth rate is uneven across Europe.
● European GDP data made the current state of the economy uncertain.
● German production volume contracted unexpectedly in the second quarter and attracted attention, but this was in contrast to the higher-than-expected growth in France and Spain.
● The issue faced by European Central Bank (ECB) policymakers who determine in September whether the Eurozone economy is in a vulnerable situation enough to justify further interest rate cuts is that the growth rate is uneven across Europe.
NVIDIA CEO Jensen Huang and Meta founder Zuckerberg meet
● At the SIGGRAPH 2024 conference held in Denver, USA on 7/29 local time $NVIDIA(NVDA.US$With CEO Jenson Huang $Meta Platforms(META.US$ Founder Zuckerberg had a conversation.
● The two discussed breakthroughs in accelerated computing, generative AI, research promoting the next wave of innovation, virtual worlds, and robotics.
● At the end of the conversation, there was a scene where Jenson Juan and Zuckerberg gave each other leather jackets. Zuckerberg responded, “It's worth more because it's what you wear.”
● At the SIGGRAPH 2024 conference held in Denver, USA on 7/29 local time $NVIDIA(NVDA.US$With CEO Jenson Huang $Meta Platforms(META.US$ Founder Zuckerberg had a conversation.
● The two discussed breakthroughs in accelerated computing, generative AI, research promoting the next wave of innovation, virtual worlds, and robotics.
● At the end of the conversation, there was a scene where Jenson Juan and Zuckerberg gave each other leather jackets. Zuckerberg responded, “It's worth more because it's what you wear.”
Teaming up with SpaceX, can Tesla's new sports car fly through the air!? It will be announced as early as next year! = Tesla mask
● On the 29th, Musk held a live event with the Tesla Silicon Valley Owners Club (X Takeover) and responded to the interview on the spot.
● As for masks, it is robot taxis that have the greatest impact on the world, $Tesla(TSLA.US$The practicality of the sports car Roadster isn't great, but it's very cool, and he said it's a collaboration between Tesla and SpaceX, and it's like combining rocket engineering with Tesla's electric vehicle engineering.
● On the 29th, Musk held a live event with the Tesla Silicon Valley Owners Club (X Takeover) and responded to the interview on the spot.
● As for masks, it is robot taxis that have the greatest impact on the world, $Tesla(TSLA.US$The practicality of the sports car Roadster isn't great, but it's very cool, and he said it's a collaboration between Tesla and SpaceX, and it's like combining rocket engineering with Tesla's electric vehicle engineering.
— MooMoo News Zeber
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
