Hello Moomoo users!Tonight's insight on NY stock market.
Market Overview
The US market started, with the Dow Jones Industrial Average, which is composed of high-quality stocks, opening at $40,210.63, down $147.46. The Nasdaq Composite Index, which has a high proportion of technology stocks, started at 17,733.91, down 263.44 points. The S&P 500, which consists of 500 large-cap stocks in the US, opened at 5,505.84, down 49.90 points.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top News
Tesla plummeted.
● $Tesla (TSLA.US)$Following the disappointing earnings report, European stocks $LVMH Moet Hennessy Louis Vuitton (LVMUY.US)$and Deutsche Bank released lackluster reports, causing $NASDAQ 100 Index (.NDX.US)$ stock futures to lag, particularly in the Australian market.
Outlook for the US market: Tesla plummeted more than 10% temporarily, and Nvidia continued to decline. The Nasdaq Composite Index started 263 points lower.