honeyy
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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
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It was a short week that saw the Nasdaq break records, jumping over 17k Tuesday for the first time before pulling back. The index hit an ...
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Weekly Buzz
It was a short week that saw the Nasdaq break records, jumping over 17k Tuesday for the first time before pulling back. The index hit an ...
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honeyy
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Good morning mooers! Here are things you need to know about today's market:
●US Stocks Rise on Lowered Inflation Expectations and Record High for Nasdaq Composite Index
●Fuel subsidy rationalisation: A difficult but bold move by Anwar
●Bursa Malaysia Launches API Gateway to Streamline CDS Account Management for Brokers
●Stocks to watch: Gamuda, Sime Darby Property, Scientex
-moomoo Ne...
●US Stocks Rise on Lowered Inflation Expectations and Record High for Nasdaq Composite Index
●Fuel subsidy rationalisation: A difficult but bold move by Anwar
●Bursa Malaysia Launches API Gateway to Streamline CDS Account Management for Brokers
●Stocks to watch: Gamuda, Sime Darby Property, Scientex
-moomoo Ne...
24
honeyy
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As expectations of US interest rate cuts heated up, the Dow Jones Industrial Average closed above the 40,000 mark for the first time in history and continued to rise for five consecutive weeks. The S&P 500 index rebounded strongly, close to a record high, while the Nasdaq Composite Index ended two consecutive declines, but continued to rise for two weeks. While Google's stock price reached new highs for three consecutive days, the stock price of GameStation, which was affected by retail groups, fell nearly 20% after three consecutive days of sharp double-digit declines.
In the bond market, after rising for two consecutive days, US Treasury yields rebounded more than 10 basis points from a low of nearly six weeks on Thursday, but remained on a downward trend throughout the week. After a week of decline, the US dollar index fell for three out of four days. Bitcoin's price showed strong performance, with an intraday increase of more than $2,000, successfully breaking through the $67,000 mark and setting a new monthly high.
In the energy commodities market, crude oil prices have been rising for three consecutive days. U.S. crude oil prices have broken through the $80 mark for the first time this month, and have been rising for two consecutive weeks. US gas prices rose nearly 17% in a week. Gold and copper futures prices hit record highs at the same time, while silver rose by more than 6% in a week, nickel rose by more than 11%, and copper and tin also rose by more than 6%.
On the Chinese market side, as the central bank of China continues to take measures to stimulate the real estate market, abolish the lower interest rate limit for commercial housing loans, the housing provident fund interest rate was lowered by 0.25%, and the down payment ratio for the first home was reduced to 15%. In addition, the central bank has also set up an affordable housing reloan of 300 billion yuan, with an interest rate of 1.75%, to support...
In the bond market, after rising for two consecutive days, US Treasury yields rebounded more than 10 basis points from a low of nearly six weeks on Thursday, but remained on a downward trend throughout the week. After a week of decline, the US dollar index fell for three out of four days. Bitcoin's price showed strong performance, with an intraday increase of more than $2,000, successfully breaking through the $67,000 mark and setting a new monthly high.
In the energy commodities market, crude oil prices have been rising for three consecutive days. U.S. crude oil prices have broken through the $80 mark for the first time this month, and have been rising for two consecutive weeks. US gas prices rose nearly 17% in a week. Gold and copper futures prices hit record highs at the same time, while silver rose by more than 6% in a week, nickel rose by more than 11%, and copper and tin also rose by more than 6%.
On the Chinese market side, as the central bank of China continues to take measures to stimulate the real estate market, abolish the lower interest rate limit for commercial housing loans, the housing provident fund interest rate was lowered by 0.25%, and the down payment ratio for the first home was reduced to 15%. In addition, the central bank has also set up an affordable housing reloan of 300 billion yuan, with an interest rate of 1.75%, to support...
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