US Market Outlook: Warning against Market Modulation The Dow Average starts at $67 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 67.34 dollars to 39186.20 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 41.30 points to 17773.90. The S&P 500 average, which consists of stocks of 500 large American stocks, is 10.60 points higher at 5471.08.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 67.34 dollars to 39186.20 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 41.30 points to 17773.90. The S&P 500 average, which consists of stocks of 500 large American stocks, is 10.60 points higher at 5471.08.
Top news
What is the current state of the US labor market?
● Financial journalist Nick Timiraos pointed out that even if the labor market cools down moderately, there is a possibility that the US economy will fall into recession. The unemployment rate has risen from a historically low level, and historically similar situations tend to portend a recession.
● The May PCE price index showed that the inflation rate was above target, but senior Fed officials said there is no need to rush to cut interest rates as long as the labor market is healthy. However, there is a possibility that the Fed will be forced to make policy adjustments due to labor market imbalances and a decrease in the number of job offers.
● The market is concerned that the Fed is not preventative and will cut interest rates after a recession. Therefore, investors may tend to increase their holdings of large stocks. At the same time, as economic growth slows down and inflation cools down, there is also a view that interest rate cuts are not far off.
● Financial journalist Nick Timiraos pointed out that even if the labor market cools down moderately, there is a possibility that the US economy will fall into recession. The unemployment rate has risen from a historically low level, and historically similar situations tend to portend a recession.
● The May PCE price index showed that the inflation rate was above target, but senior Fed officials said there is no need to rush to cut interest rates as long as the labor market is healthy. However, there is a possibility that the Fed will be forced to make policy adjustments due to labor market imbalances and a decrease in the number of job offers.
● The market is concerned that the Fed is not preventative and will cut interest rates after a recession. Therefore, investors may tend to increase their holdings of large stocks. At the same time, as economic growth slows down and inflation cools down, there is also a view that interest rate cuts are not far off.
The US market is wary of market price fluctuations
● Goldman Sachs's hedge funds have been selling US stocks at the fastest pace in the past 2 years, especially $NVIDIA (NVDA.US)$ It is reported that they are selling semiconductor stocks in the TMT sector such as
● Hedge funds reduced leverage due to the elimination of long positions and coverage of short positions, and net leverage dropped to 53%. Sales were seen in 8 of the top 11 sectors, and short sales were particularly common in the consumer goods sector.
● While hedge funds sell high-tech stocks, individual investors continue to buy mainly semiconductor stocks. Vanda Research points out that hedge funds sold many high-tech stocks to individual investors, and there is a possibility that many stock exchanges have taken place under the market.
● Goldman Sachs's hedge funds have been selling US stocks at the fastest pace in the past 2 years, especially $NVIDIA (NVDA.US)$ It is reported that they are selling semiconductor stocks in the TMT sector such as
● Hedge funds reduced leverage due to the elimination of long positions and coverage of short positions, and net leverage dropped to 53%. Sales were seen in 8 of the top 11 sectors, and short sales were particularly common in the consumer goods sector.
● While hedge funds sell high-tech stocks, individual investors continue to buy mainly semiconductor stocks. Vanda Research points out that hedge funds sold many high-tech stocks to individual investors, and there is a possibility that many stock exchanges have taken place under the market.
Major IT companies such as Amazon are paying attention to nuclear power plants, and power supply to data centers
● IT (information technology) companies searching for power supply sources are targeting nuclear power plants within the United States as new targets.
● In order to supply power to data centers necessary to respond to demand due to the artificial intelligence (AI) boom, IT companies are conducting discussions with approximately one-third of the companies that own nuclear power plants in Japan.
● According to people familiar with the situation, Amazon Web Services (AWS) is close to an agreement to directly receive electricity supply over a nuclear power plant on the east coast of the United States owned by Constellation Energy.
● IT (information technology) companies searching for power supply sources are targeting nuclear power plants within the United States as new targets.
● In order to supply power to data centers necessary to respond to demand due to the artificial intelligence (AI) boom, IT companies are conducting discussions with approximately one-third of the companies that own nuclear power plants in Japan.
● According to people familiar with the situation, Amazon Web Services (AWS) is close to an agreement to directly receive electricity supply over a nuclear power plant on the east coast of the United States owned by Constellation Energy.
— MooMoo News Zeber
Source: Moomoo, Bloomberg, Dow Jones
This article uses automatic translation for some of its parts
Source: Moomoo, Bloomberg, 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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wwolfvct : the chart is gross!!!
