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Good morning mooers! Here are things you need to know about today's market:
● MU Leads, Chinese Stocks Follow while S&P 500 Hits Highs
● Malaysia's Producer Price Index Growth Slows to 0.3% Year-on-Year in August
● Malaysia Poised to Become Key Regional Hub for Global Services, Says Zafrul
● Stocks to Watch: Capital A, Gamuda, AEON Credit, etc.
- Moomoo News MY
Wall Street Summary
Rain was falling on Wall Street Thursday, but the ma...
● MU Leads, Chinese Stocks Follow while S&P 500 Hits Highs
● Malaysia's Producer Price Index Growth Slows to 0.3% Year-on-Year in August
● Malaysia Poised to Become Key Regional Hub for Global Services, Says Zafrul
● Stocks to Watch: Capital A, Gamuda, AEON Credit, etc.
- Moomoo News MY
Wall Street Summary
Rain was falling on Wall Street Thursday, but the ma...
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The market fell Wednesday, but Semiconductors and software were climbing again, sending the Nasdaq higher. The S&P hit a new trading record within an hour of trading, but pulled back.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ fell 19 basis points, the $Dow Jones Industrial Average (.DJI.US)$ fell 70, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 4 basis points.
MACRO
Wednesday, Crude Oil Inventories were cut by 4.4M bar...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ fell 19 basis points, the $Dow Jones Industrial Average (.DJI.US)$ fell 70, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 4 basis points.
MACRO
Wednesday, Crude Oil Inventories were cut by 4.4M bar...
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Wallace6868
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Good morning mooers! Here are things you need to know about today's market:
● U.S. Stock Markets Show Mixed Results, S&P 500 and Dow Jones Hit New Highs
● Penang Attracts RM411.8 Million in Chinese Manufacturing Investments in H1 2024
● BIMB Securities Maintains "Overweight" on Consumer Sector Amid Sarawak's Economic Initiatives
● Stocks to Watch: VS Industry, Petronas, Magma, etc.
- Moomoo News MY
Wall Street Summary
On Tuesday, th...
● U.S. Stock Markets Show Mixed Results, S&P 500 and Dow Jones Hit New Highs
● Penang Attracts RM411.8 Million in Chinese Manufacturing Investments in H1 2024
● BIMB Securities Maintains "Overweight" on Consumer Sector Amid Sarawak's Economic Initiatives
● Stocks to Watch: VS Industry, Petronas, Magma, etc.
- Moomoo News MY
Wall Street Summary
On Tuesday, th...
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Look at that volume on Tuesday - similar to that big pop last May 16. Traders will be looking to lock in gains on this move. Investors will be looking to accumulate on a retracement back to around 90. What happens today (9/25) in Hong Kong is key. As always, DYOR.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
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According to HKEXGroup the ownership of Alibaba via the Stock Connect by mainland investors has risen to 286.6m shares (1.48% of total) as of 9/24. This data is 2 days delayed due to clearing and the actual ownership is likely closer to 350m shares.
Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
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The world's two biggest economies are now cutting rates in unison. China's rate cuts today and stimulus delivers what markets want. Commodities, global consumer spending names, and EV giants are all lifting and seem well-supported. This isn't just a win for China—it's a global boost
In about 10 minutes, PBOC Governor Pan Gongsheng announced a bazooka of stimulus, never seen before,...
In about 10 minutes, PBOC Governor Pan Gongsheng announced a bazooka of stimulus, never seen before,...
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