Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Mag 7's diverging Q2 results: Will they boost the market again?
Views 6.7M Contents 1495

US stocks showed strong performance on Tuesday. The S&P 500 ...

US stocks showed strong performance on Tuesday. The S&P 500 index rose more than 1%, recording the best increase in seven weeks, and the Nasdaq Composite Index rose 1.6%. Small-cap stocks also showed strength. The index rose 1.7%, indicating that capital is once again flowing into small-cap stocks. Among technology stocks, with the exception of Apple and Amazon, which declined slightly, Tesla and Nvidia both achieved sharp gains of about 5%. Recently, however, Crowdstrike's stock price, which caused global IT failures, fell by more than 13%, erasing almost all of this year's gains.
The focus of the US stock market will be on Tuesday's after-market earnings reports, particularly those of Google and Tesla, which will have a significant impact on the trend of technology stocks. The market is paying particular attention to Tesla's Model 2 affordable model, the release date of Robotaxi, and the adoption of fully automated driving (FSD) technology.
In the cryptocurrency sector, an Ethereum spot ETF will be listed on Tuesday, a move approved by the US Securities and Exchange Commission (SEC), involving several companies including BlackRock. Meanwhile, Bitcoin ETFs have continued to attract capital inflows for nearly four weeks, and the market is looking forward to Trump's speech at the major cryptocurrency conference this week.
Furthermore, Berkshire Hathaway continues to reduce its holdings in BYD, and its shareholding ratio falls below 5%. Once the shareholding ratio falls below 5%, investors are not required to disclose the reduction in their holdings, which may speed up Buffett's holdings reduction.
In China, the one-year and five-year loan market quoted interest rates (LPR) were lowered by 10 basis points in July. This is a further action by the Central Bank of China on monetary policy, showing the gradual emergence of the central bank's monetary policy framework.
Global risk aversion initially drove the decline in US bond yields and the US dollar under the variables of the US presidential election over the weekend, while the price of gold rose. However, as market fears subsided and risk appetite recovered, the VIX Volatility Index fell 10%.
In the Chinese market, A-shares fell collectively, with banks, oil, and coal stocks underperforming. Meanwhile, cybersecurity stocks rose against the market amid a sharp decline in other parts of the market, and treasury bond futures also hit new highs.
======= I am a dividing line =======
MY Moomoo account opening link
Crossing Malaysia through the US 2.0 offline sharing session (Johor Bahru, Selong)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
22
+0
See Original
Report
67K Views
Comment
Sign in to post a comment
    生财有道致力于全方位成长投资。邱天雄老师曾是上市公司主要媒体的CEO领导,拥有超过20年的投资经验。主要投资美国,中国和大马。
    2298Followers
    0Following
    3912Visitors
    Follow