US Market Outlook: Welcoming Slowing Inflation = Cleveland Fed President Dow Average Starts Lower by $118
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, depreciated 118.71 dollars to 38528.39 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17621.18 with a 46.38 point drop. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, fell 9.66 points to 5424.08.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, depreciated 118.71 dollars to 38528.39 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 17621.18 with a 46.38 point drop. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, fell 9.66 points to 5424.08.
Top news
FRB bifurcation
● The US Federal Reserve (Fed) has indicated its intention to reduce the range of interest rate cuts this year, even though other countries have already begun easing, and it seems that there is a divergence from the international Fed.
● According to an analysis by Bloomberg Economics, there is a risk that leaving interest rate hikes unchanged by the Fed will cause an adverse effect on exchange rate fluctuations and impair the progress of the decline in the inflation rate.
● Senior Federal Reserve official Loretta Mester is scheduled to answer 3 interviews, including Bloomberg TV, later today, and Austin Goolsbee is also scheduled to speak.
● The US Federal Reserve (Fed) has indicated its intention to reduce the range of interest rate cuts this year, even though other countries have already begun easing, and it seems that there is a divergence from the international Fed.
● According to an analysis by Bloomberg Economics, there is a risk that leaving interest rate hikes unchanged by the Fed will cause an adverse effect on exchange rate fluctuations and impair the progress of the decline in the inflation rate.
● Senior Federal Reserve official Loretta Mester is scheduled to answer 3 interviews, including Bloomberg TV, later today, and Austin Goolsbee is also scheduled to speak.
Cleveland Federal Reserve Bank President maintains interest rates at current levels until the inflation rate falls towards 2%
●inflationaryYou haven't changed my point of view regarding
● Welcoming the slowdown in inflation
● Maintain interest rates at current levels until inflation falls toward 2%
●inflationaryYou haven't changed my point of view regarding
● Welcoming the slowdown in inflation
● Maintain interest rates at current levels until inflation falls toward 2%
Robo-taxis and 30 billion humanoid robots have created a total market value of 30 trillion dollars for Tesla! = Mr. Musk
●Musk is after the $56 billion reward package was officially approved $Tesla(TSLA.US$ At the general meeting of shareholders, very bold predictions were made about the future of technology and Tesla's total market capitalization.
● Musk believes that Tesla's humanoid robots and robo-taxis will make significant progress and raise Tesla's total market value 10 times that of Apple, to over 30 trillion dollars.
●Musk is after the $56 billion reward package was officially approved $Tesla(TSLA.US$ At the general meeting of shareholders, very bold predictions were made about the future of technology and Tesla's total market capitalization.
● Musk believes that Tesla's humanoid robots and robo-taxis will make significant progress and raise Tesla's total market value 10 times that of Apple, to over 30 trillion dollars.
Apple is doing well
● A major factor in the record rise in US stocks this year was the rise in tech companies, and the latest evidence showing their strong performance was seen on Thursday. On Thursday $Apple(AAPL.US$ but $Microsoft(MSFT.US$ It surpassed and took back the position of the most valuable company in the world.
● This event follows a rapid rise, including Apple recording the biggest 3-day continuous increase since 2020/8 and falling from 3rd place earlier this week.
● A major factor in the record rise in US stocks this year was the rise in tech companies, and the latest evidence showing their strong performance was seen on Thursday. On Thursday $Apple(AAPL.US$ but $Microsoft(MSFT.US$ It surpassed and took back the position of the most valuable company in the world.
● This event follows a rapid rise, including Apple recording the biggest 3-day continuous increase since 2020/8 and falling from 3rd place earlier this week.
— 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
