Weekly Market Summary (2024/8/23-8/30)

- NVIDIA's earnings were highly anticipated. Although the earnings were good, the stock price fell significantly after hours. It can be inferred that the expectation for the growth rate of the business is already factored in.

- The economic indicator of the PCE deflator showed slower growth than the consensus. This provided some support for the pace of the Fed rate cut in September.

- The Nikkei Average was relatively quiet this week. However, there is a sense of upward momentum as we approach the end of the month.

Final price: 38,647.75 5-day Chg: +283.48 5-day %Chg: +0.74%

Name of stock: Tokyo Topix Index

Final price: 2,712.63 5-day Chg: +27.91 5-day %Chg: +1.04%

Name of stock: Dow Jones Industrials Average

Final price: 41,563.08 5-day Chg: +388.00 5-day %Chg: +0.94%

Name of stock: S&P 500 Index

Closing price: 5,648.40 5-day Chg: +13.79 5-day %Chg: +0.24%

Stock name: Nasdaq 100 Index

Closing price: 19,574.64 5-day Chg: -146.23 5-day %Chg: -0.74%

Source:

Chart data is from moomoo Securities

Performance data and financial results are from Barchart.com

Indicator data is from Tradingeconomics.com

Excerpt from the following blog article:

(In addition to the excerpt, there are weekly news, important indicators, financial results, etc.)