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Good evening to all Moomoo users!This is tonight's reading of NY stocks.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, began at 38319.14 dollars with a depreciation of 139.94 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 149.17 points at 16293.03. The S&P 500 average, which consists of stocks of 500 large American stocks, depreciated 27.55 points to 5171.51.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
The beginning of the financial results season, the return of the “M7” champion
● The US stock settlement season has begun, and the profits of big tech called “M7” have rapidly expanded in the market, $S&P 500 Index (.SPX.US)$ It is expected to drive profit growth. The market is watching its earnings in order to assess the appropriateness of PER for the current market as a whole.
● $Apple (AAPL.US)$...
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, began at 38319.14 dollars with a depreciation of 139.94 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 149.17 points at 16293.03. The S&P 500 average, which consists of stocks of 500 large American stocks, depreciated 27.55 points to 5171.51.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
The beginning of the financial results season, the return of the “M7” champion
● The US stock settlement season has begun, and the profits of big tech called “M7” have rapidly expanded in the market, $S&P 500 Index (.SPX.US)$ It is expected to drive profit growth. The market is watching its earnings in order to assess the appropriateness of PER for the current market as a whole.
● $Apple (AAPL.US)$...
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182447022
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Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
Today's Nikkei Stock Average began at 38191.97 yen, 171.64 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 6.77 points at 2625.53.
Top news
American BoFA Securities raised the target for Japanese stocks to 41,000 yen at the end of the year
BoFA Securities raised the target stock price for Japanese stocks at the end of '24 according to a report dated 19th. Against the backdrop of good corporate financial results, the Nikkei Stock Average was revised upward to 41,000 yen and the Tokyo Stock Price Index (TOPIX) to 2850 points. The previous target stock price was the Nikkei Average of 38,500 yen, TOPIX 2715 points. Chief Japanese stock strategist Akira Masatsugu of the same securities said they “determined that the necessary conditions were generally met” to break through the high set in 1989 against the backdrop of the sustainability of wage inflation, full-scale corporate capital efficiency reforms, etc., and further pointed out that “the Nikkei average of 40,000 yen is just a passing point.”
Increased shareholder returns have attracted Japanese stock investors, and this fiscal year's share buybacks are at a record high
...
Market Overview
Today's Nikkei Stock Average began at 38191.97 yen, 171.64 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 6.77 points at 2625.53.
Top news
American BoFA Securities raised the target for Japanese stocks to 41,000 yen at the end of the year
BoFA Securities raised the target stock price for Japanese stocks at the end of '24 according to a report dated 19th. Against the backdrop of good corporate financial results, the Nikkei Stock Average was revised upward to 41,000 yen and the Tokyo Stock Price Index (TOPIX) to 2850 points. The previous target stock price was the Nikkei Average of 38,500 yen, TOPIX 2715 points. Chief Japanese stock strategist Akira Masatsugu of the same securities said they “determined that the necessary conditions were generally met” to break through the high set in 1989 against the backdrop of the sustainability of wage inflation, full-scale corporate capital efficiency reforms, etc., and further pointed out that “the Nikkei average of 40,000 yen is just a passing point.”
Increased shareholder returns have attracted Japanese stock investors, and this fiscal year's share buybacks are at a record high
...
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