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Good morning mooers! Here are things you need to know about today's market:
●Tech-Driven Sell-Off Leads to Second Day of Market Retreat
●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements
●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions
●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB
-moomoo News MY
Wall Street S...
●Tech-Driven Sell-Off Leads to Second Day of Market Retreat
●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements
●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions
●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB
-moomoo News MY
Wall Street S...
![MY Morning Wrap | Sunway Construction's Subsidiary Lands RM418 Million Sub-Contract for Data Centre M&E Works](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Columns Buy Meta?
Although the social media industry is competitive, Meta Platforms $Meta Platforms(META.US$ stands out with some of the oldest and most recognizable players in the game. Despite its market cap exceeding USD 1 trillion, the company maintains a dominant position with platforms like Facebook, Instagram, and WhatsApp, supported by 3.24 billion daily active users.
Meta has multiple growth paths. The company makes almost all its money from advertising, and despite a slowdown in the online a...
Meta has multiple growth paths. The company makes almost all its money from advertising, and despite a slowdown in the online a...
![Buy Meta?](https://sgsnsimg.moomoo.com/sns_client_feed/102397652/20240719/1721404079074-random2898-102397652-android-org.jpeg/thumb?area=104&is_public=true)
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Dividend stocks haven't been taking off these days, and that's in part due to high interest rates. When investors can get healthy returns from low-risk, interest-paying assets, the case for buying dividend stocks is naturally less appealing. But the good news for long-term investors is that this means stock prices for some solid dividend stocks are low, and there are some enticing deals available right now.
Bristol Myers Squibb $Bristol-Myers Squibb(BMY.US$ , Cisco S...
Bristol Myers Squibb $Bristol-Myers Squibb(BMY.US$ , Cisco S...
![3 High-Yielding Dividend Stocks Near Their 52-Week Lows.](https://sgsnsimg.moomoo.com/sns_client_feed/102397652/20240713/1720875694636-random1648-102397652-android-org.jpeg/thumb?area=104&is_public=true)
![3 High-Yielding Dividend Stocks Near Their 52-Week Lows.](https://sgsnsimg.moomoo.com/sns_client_feed/102397652/20240713/1720875695207-random9018-102397652-android-org.jpeg/thumb?area=104&is_public=true)
![3 High-Yielding Dividend Stocks Near Their 52-Week Lows.](https://sgsnsimg.moomoo.com/sns_client_feed/102397652/20240713/1720875695439-random9609-102397652-android-org.jpeg/thumb?area=104&is_public=true)
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Stocks closed higher, with new economic data strengthening expectations for a Federal Reserve rate cut in September. The Dow touched a new record above 40,000 since late May.
The $Dow Jones Industrial Average(.DJI.US$ added 247 points, rising 0.62% to top above 40,000 since late May. The $S&P 500 Index(.SPX.US$ rose 0.55% to close at 5615.35, and the $Nasdaq Composite Index(.IXIC.US$ gained 0....
The $Dow Jones Industrial Average(.DJI.US$ added 247 points, rising 0.62% to top above 40,000 since late May. The $S&P 500 Index(.SPX.US$ rose 0.55% to close at 5615.35, and the $Nasdaq Composite Index(.IXIC.US$ gained 0....
![Stocks Close in the Green as Latest Economic Data Boosts Rate Cut Expectations for September | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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Columns 6 Malaysian Stocks Launch IPOs Since June 2024, Top Gainer Skyrockets Over 185% on First Day!
Deloitte reports that although the overall performance of Initial Public Offerings (IPOs) in Southeast Asia was lackluster in the first half of 2024, the Malaysian IPO market stood out.
According to Deloitte's "Southeast Asia IPO Market Review for the First Half of 2024," the Malaysia IPO capital market tops the Southeast Asia bourses in terms of total IPO funds raised. With new listings skewed towards ...
According to Deloitte's "Southeast Asia IPO Market Review for the First Half of 2024," the Malaysia IPO capital market tops the Southeast Asia bourses in terms of total IPO funds raised. With new listings skewed towards ...
![6 Malaysian Stocks Launch IPOs Since June 2024, Top Gainer Skyrockets Over 185% on First Day!](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240711/5e2d895a396141859f89e110b9ed956e.png?area=101&is_public=true)
![6 Malaysian Stocks Launch IPOs Since June 2024, Top Gainer Skyrockets Over 185% on First Day!](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240711/4dbb55dd9969461f934bb9d3b5bb8472.png?area=101&is_public=true)
![6 Malaysian Stocks Launch IPOs Since June 2024, Top Gainer Skyrockets Over 185% on First Day!](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240711/ec75e0abb69b4a398c1b1bffd832bd20.png?area=101&is_public=true)
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The Nasdaq fell from its record high as investors rotated out big tech stocks. Meanwhile, the lowest CPI reading in over three years drove investors into small-cap stocks.
The $Nasdaq Composite Index(.IXIC.US$ pulled back 1.95%, retreating from a record high yesterday. The $S&P 500 Index(.SPX.US$ fell 0.88% to close at 5584.54, while the $Dow Jones Industrial Average(.DJI.US$ was flat, up 0.08%.
MACRO
US in...
The $Nasdaq Composite Index(.IXIC.US$ pulled back 1.95%, retreating from a record high yesterday. The $S&P 500 Index(.SPX.US$ fell 0.88% to close at 5584.54, while the $Dow Jones Industrial Average(.DJI.US$ was flat, up 0.08%.
MACRO
US in...
![Investors Rotate Out Tech Megacaps, Driving Nasdaq Down From Record | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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Morning Movers
Gapping up
$Boeing(BA.US$ stock rose 0.90% after the aircraft manufacturer agreed to plead guilty to a criminal fraud conspiracy charge to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes and will pay a $243.6 million fine.
$Paramount Global-B(PARA.US$ stock rose 2.87% after Skydance Media agreed to acquire the entertainment giant, with the overall deal valued at over $8 billion....
Gapping up
$Boeing(BA.US$ stock rose 0.90% after the aircraft manufacturer agreed to plead guilty to a criminal fraud conspiracy charge to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes and will pay a $243.6 million fine.
$Paramount Global-B(PARA.US$ stock rose 2.87% after Skydance Media agreed to acquire the entertainment giant, with the overall deal valued at over $8 billion....
![Today's Morning Movers and Top Ratings: TSLA, PNC, SEDG, GLW and More](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240708/b7fc9f58280244e591759aeca317cba8.jpg?area=100&is_public=true)
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