Hello, Moomoo users!Tonight's analysis of NY stocks.
Market overview
Starting the USA market, the Dow Jones Industrial Average, consisting of high-quality stocks, opened at $38,319.14, down $139.94, while the Nasdaq Composite Index, with a high proportion of technology stocks, started at 16,293.03, down 149.17 points. The S&P 500, consisting of 500 large-cap stocks in the USA, opened at 5,171.51, down 27.55 points.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top News
The start of earnings season, the return of the champion "M7"
The US stock earnings season has begun, with profits of "M7" big tech expanding rapidly and expected to lead to profit growth. $S&P 500 Index (.SPX.US)$ It is expected to drive profit growth. The market is focusing on its earnings to assess the current overall market PE ratio.
● $Apple (AAPL.US)$...

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
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