Good morning to all Moomoo users!Here are the key points of the morning news.
● [Tokyo Stock Market Forecast Range] 760,000 yen to 810,000 yen (closing price on the 17th: 796,180 yen)
● FRB quantitative tightening to end in 2025 - NY Fed presents two scenarios
● The yen is in the mid-154 yen range, keeping an eye on concerns of yen depreciation and a 34-year low in US interest rates
● NY Stocks Highlight: Selling pressure spreads to semiconductor-related stocks, affecting previous expectations
● EU cancels formal investigation into Microsoft's investment in OpenAI
● LME copper rises as risk appetite recovers - other nonferrous metals also rise
Continued decline, as selling pressure increased amid waiting for Israel's counterattack = NY crude oil overview.
- Moomoo News Amelia
Market Overview
In the U.S. stock market on the 17th, the Dow Jones Industrial Average fell by $45.66 compared to the previous trading day, closing at 31.7753 cents, a decrease of 0.03 million7753 cents. The NASDAQ Composite Index was down 181.878 points at 0.01 million5683.373. On the 18th, the Tokyo stock market was dominated by selling pressure amid conflicting views, and the Nikkei Stock Average was sold in the latter half of the 0.03 million7000 yen range...