Hello to all Moomoo users!Here is the NY Stock Market outlook for tonight.
Market Overview
USA market started, with the Dow Inc, which is composed of high-quality stocks, opening at 41.39 dollars higher at 41435.17 dollars, while the high-tech stock-heavy Nasdaq Composite Index started at 110.28 points lower at 17573.70. The S&P 500, composed of the stocks of 500 large-cap companies in the USA, started at a decrease of 10.81 points at 5615.21.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
25 basis points or 50 basis points?
●At 03:00 on Thursday of this week, Japan time.The FRB is scheduled to announce economic outlook, FOMC statement, policy interest rates, etc.Press conference scheduled for 03:30.Scheduled.
There is almost a certain expectation that a rate cut will be implemented at the September FOMC, and the focus is on whether the rate cut will be 25bp or 50bp.
●Greg Ip, a reporter for WSJ, pointed out that the FRB should cut rates by 50bp and that short-term real interest rates...

$Bitcoin (BTC.CC)$
$NASDAQ 100 Index (.NDX.US)$
$USD/JPY (USDJPY.FX)$
Trump: 49 → 49.7
Harris: 49 → 48.8
Finally, the gift market may be coming to an end.
I want you to continue to be separated in the debate!
2024 U.S. President

$NASDAQ 100 Index (.NDX.US)$
Tonight's CPI announcement, overall is below financial estimates at 2%, entering the 2% range. Other month-on-month, core, etc. are expected to be unchanged.
If it exceeds the financial estimates, there is a risk of rekindling concerns about economic downturn, but I want to believe that today's CPI results will move in a positive direction in the long run 💪
NASDAQ100 is strong! No change in personal view on the world's strongest stock index!

$NASDAQ 100 Index (.NDX.US)$
If the market becomes difficult with expectations of interest rate cuts diminishing or concerns about economic downturns increasing, is it wrong to think it would be better to have some profit-taking today?
However, as much as Japanese stocks have risen, they are likely to make a significant adjustment within 2 days. There is also the matter of the election for the governor.

The Dow Jones Industrial Average, which has a 128-year history, achieved the historic milestone of 0.04 million dollars for the first time on May 17thDow Jones Industrial AverageSpecifically, comparing the current situation of the US economy, the Dow Jones Industrial Average is considered to have a higher composition of the 'Old Economy' compared to the S&P 500 index. As a result, some parts of the market refer to the NY Dow as an outdated index.The NY Dow reached the historical milestone of 0.04 million dollars for the first time on May 17th.It was done.
When compared to the S&P 500 index, the NY Dow Jones Industrial Average more accurately reflects the current state of the US economy. This is because it has a higher proportion of the 'Old Economy.' As a result, some sectors of the market consider the NY Dow to be an outdated index.
The fact that the seemingly outdated NY Dow reached 0.04 million dollars signifies what? Simply put, it reflects the strength of the US economy and US companies. On the other hand, when confirming the stocks that contributed the most to the achievement of 0.04 million dollars by the NY Dow, it was a representation of the old economy as well as a related to datacenter stocks.
The company that contributed the most to the achievement of the NY Dow's 0.04 million dollars milestone was Caterpillar.
According to Bloomberg data,On May 17th, when the NY Dow achieved the milestone of 0.04 million dollars,the construction machinery giant, $Caterpillar (CAT.US)$ isDow Jones Industrial Average rose by 36 dollars.Next, the one with the largest contribution is $UnitedHealth (UNH.US)$ Empty content...

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*1 data.aiCumulative download count of the app "moomoo" based on aggregation. Supports all devices (iOS...