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, rose 166.34 dollars to 40879.12 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 153.38 points to 17772.73. The S&P 500 average, which consists of stocks of 500 companies, which are large US stocks, rose 31.85 points to 5602.49.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
Jackson Hole tonight
● There is a general view in the market that the Fed will cut interest rates at the next meeting to be held on 9/17-18, but opinions are divided about the extent of interest rate cuts.
● According to economists, Chairman Powell will lay the groundwork for September interest rate cuts at the Jackson Hole meeting.
● Evercore ISI Vice Chairman Krishna Guha said that the Federal Reserve (Fed) is currently inflationary...

$USD/JPY (USDJPY.FX)$
For now, if it moves in a safe range of 148 to 150 yen, wouldn't it be positive for the stock market in both Japan and the US?

$Nikkei 225 (.N225.JP)$
Vice President Uchida's statement, in fact, when President Ueda said, “If I make a statement, it will burst into flames, so Uchida-kun please ❗” lol

$Jumia Technologies (JMIA.US)$
This is the first time I've seen minus 50% in 1 day!
But thanks to Jumia, last month was covered by year-to-date unrealized losses, so now it's zero pramai
It's negative

$MoneyLion (ML.US)$
The financial results have exploded. Salting is confirmed 😵‍💫

$USD/JPY (USDJPY.FX)$
It's really popular with those who decided that the yen would appreciate without permission and went out of their way to post it.
What grounds?!
The yen depreciated after all!