Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

US Market Outlook: Waiting for Tomorrow's US Employment Statistics The Dow Average starts at $216

avatar
moomooニュース米国株 wrote a column · Apr 4 08:32
US Market Outlook: Waiting for Tomorrow's US Employment Statistics The Dow Average starts at $216
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 216.46 dollars to 39343.60 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 16418.57 with a 141.11 point increase. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 32.56 points to 5244.05.
US Market Outlook: Waiting for Tomorrow's US Employment Statistics The Dow Average starts at $216
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$

Top news
Pain spreads around the world due to the rising dollar - monetary authorities in each country struggle to respond
Central banks and governments around the world are frustrated by the progress of the appreciation of the dollar, and they are being forced to take action to stop the depreciation of their own currency. Global currency officials are embarking on defending their own currencies through word of mouth and actual actions. This is because the strength (strength) of the US economy has retreated observations of a reduction in US interest rates and is supporting the trend of an appreciation of the dollar.

Gold prices hit a high of over $2,300 at one point - there is also a signal that it has been overbought
The gold spot price exceeded 2300 dollars per ounce in trading on the 4th and hit a new high. There is a possibility that interest rates will be cut by the US Federal Reserve System within the year and continued demand from central banks are in the background. Gold temporarily rose to 2304.96 dollars. After that, it was traded at a level almost unchanged from the previous day. When Chairman Powell of the US Federal Reserve (FRB) once again showed recognition the day before that there is a high possibility that it will be appropriate to start cutting interest rates “at some point within the year,” a sense of security spread among investors.

Western central banks hoping corporate profits will decline, on the condition of interest rate cuts
The battle over inflation has now evolved to require Western central banks to suppress “greed” from leading companies. On the premise that Chairman Powell of the US Federal Reserve (FRB) and European Central Bank (ECB) President Lagarde think they can cut interest rates with sufficient peace of mind, $Meta Platforms(META.US)$ Ya $LVMH Moet Hennessy Louis Vuitton(LVMHF.US)$ Top management, etc. want to obtain guarantees that they will definitely refrain from passing on the cost of wage increases to consumers. The reason is, of course, that price transfer will reignite widespread price increases, but there is a large possibility that corporate profitability will be sacrificed in order for the situation to be as desired by the central bank.

Will it depend on trends in US monetary policy after the ECB starts cutting interest rates - they are not immune to the effects of the US economy
The European Central Bank (ECB) argues that it will not use the US Federal Reserve (FRB) as a clue about the timing of the initial rate cut. However, the policy trajectory thereafter may be influenced by US trends.

TSMC to resume production in less than 24 hours - 70 to 80 percent of equipment recovered after the earthquake
The world's largest semiconductor contract manufacturer, $Taiwan Semiconductor(TSM.US)$ Production is expected to resume within 24 hours of the earthquake on the 3rd. Staff were evacuated immediately after the earthquake, and operations were partially suspended, but it was revealed that 70-80% of the equipment was restored within 10 hours of the occurrence.

Distributor: Nihon Keizai Shimbun, Bloomberg, Reuters, Dow Jones
— MooMoo News Zeber
US Market Outlook: Waiting for Tomorrow's US Employment Statistics The Dow Average starts at $216
US Market Outlook: Waiting for Tomorrow's US Employment Statistics The Dow Average starts at $216
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
36
1
1
+0
See Original
Report
135K Views
Comment
Sign in to post a comment
    avatar
    moomoo News Official Account
    28KFollowers
    2Following
    64KVisitors
    Follow