Hello Moomoo users!Tonight's insight on NY stock market.
Market Overview
The U.S. market started with the Dow Jones Industrial Average, which consists of high-quality stocks, down $98.20 to 40,638.76, while the Nasdaq Composite Index, which has a high ratio of technology stocks, started up 35.53 points at 17,061.41. The S&P 500 Index, which consists of 500 large-cap stocks in the U.S., opened up 0.90 points at 5,496.42.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top News
The inflation rate is slowing down.
- The US Department of Labor announced on the 11th that the consumer price index (CPI) for August, which rose % compared to the same month last year, coincided with market expectations at 2.5%.
-The issue for policy makers at the Federal Reserve Board (FRB) is whether to stick to a 0.25% interest rate cut based on this data or choose a 0.5% cut. Traders are considering the possibility of a narrower rate cut...

Passengers carried in China were excellent in June.
tesla: 0.09 million 3680 units
byd company: 0.25 million 1685 units
byd company is quite formidable.
$Tesla (TSLA.US)$ $NIO Inc (NIO.US)$

@PAN-USさん＆ @じんべいさんの解説まとめ：
PAN-san
・それでは、保険はもちろん、バークシャーの今朝の収益の大きな話題の1つです。Evercoreのデビッド・モトが、トラベラーズ、プログレッシブ、チャブなどに関するバイレーティングを語るために参加しています。第1四半期にバークシャーの保険事業、特にGEICOが価格に動きを見せ、マージンを増やし広告費を削減したことについて話していました。業界全体のトレンドかもしれませんが、保険市場の競争状況全体で何が起こっているかについて説明しています。
In the personal automobile insurance market, a significant hard market is observed, and GEICO is taking quite aggressive actions in this field. Profit orientation is reflected in the results, with a 13% decrease in the number of insurance contracts. This is due to a 15% increase in premiums, with industry-wide price increases being one factor. In GEICO's case, the number of units has decreased significantly, leading to improved profitability. It is also evident that advertising expenses have been greatly reduced, focusing on profit orientation.
・私たちが何を目指しているかを説明...